Is BNB Ready for a Major Breakout? Here’s What You Need to Know!Yello, Paradisers! Have you been watching #BNBUSDT lately? You might be sitting on a goldmine without even knowing it.
💎#BNB is in the midst of a massive accumulation phase that has been developing over 1,265 days—this isn’t just a pattern, it’s a potential game-changer. Even more intriguing, a falling wedge is forming, hinting at a possible breakout in the days or weeks ahead. Could this be the moment we've been waiting for?
💎BNB has shown incredible resilience, holding strong at the $480 to $450 range. As long as these levels remain intact, BNB maintains a bullish bias, setting the stage for a potential breakout.
💎Keep an eye on the $555 level. This is where descending resistance and lower-time-frame horizontal resistances converge. If BNB can break through $555, the next targets are the $640 to $700 range. These are pivotal levels; breaking through here would push BNB toward the $880 to $920 range, where the pattern targets completion.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Bnbusdtidea
Is BNB Due for a Correction or Continued Climb?BNB technical analysis update
BNB's price failed to break its major resistance zone on the weekly chart. It still looks bullish in the weekly timeframe, and we can confirm the bullish movement once the weekly candle closes above the resistance zone.
BNB's price could move sideways or slightly bearish before making a new high. 👀
Reagrds
Hexa
BNB retracing back to 50%??this could be possible
the on monthly and weekly we can see the price action is sell on high and buy on low, and price recently hit the high and forming triangle on the daily time frame
we can see rsi falling and with price it could be bearish divergence
450-425 is the 50% from the swing low
let see how the structure forms .......
Is BNB getting ready for something big?This little breakout right here has spiced up the BNB chart. It has raised curiosity about how the price will unfold in the coming days.
If this breakout is legitimate, then buckle up for a good rally. The previous ATH could be possible.
Key points:
~ Support level of $597 to $609.
~ A bounce back is essential from the current resistance trendline to see a higher rally.
~ Targeting the $650 resistance and then the ATH of $691.
~ Invalidation point: A breakdown below $597.
~ Lower support: $565.
Do your own research before investing.
Regards,
Team Dexter
#BNB UPDATE#BNB Update
BNB is currently forming an ascending triangle pattern, with its price trending above the lower support line. According to this pattern, if there's a breakout above the upper boundary of the triangle, we can anticipate a price bounce up to $1100.
However, if the price breaks below the support line, it will invalidate this pattern.
Stay tuned for further updates—I'll keep you posted.
#Crypto #cryptocurrency GETTEX:BNB BINANCE:BNBUSDT BINANCE:BNBUSDT
#BNB: Breakout this bull pennant!#BNB has broken out of a bull flag pattern. Now, we're looking for a retest of this pattern to confirm it according to technical analysis. If confirmed, we could see a potential 80% upward move. However, we must overcome the important resistance at the all-time high.
Stay tuned for more updates. I'll keep you informed.
#Crypto
BNBUSDT Elliott Waves Analysis (Investment idea)Hello friends.
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Everything on the chart.
Closest target: 350 - 460 - 570
Main(investment) target zone: 850 - 1200$
Cancellation of setup - decreasing under 185.
RR: 1 to ~18
Stop loss must be necessarily, we have gap in 50-150$ zone, sooner or later we will get there.
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
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#BNB: Breakout this bull flag!BINANCE:BNBUSD BINANCE:BNBUSDT GETTEX:BNB #BNBTRADE SETUP
BNB broke out this bull flag in the eight-hour time frame.
A retest of the pattern is needed.
Technically, after the retest expecting almost 30% bonds as per the pattern.
Entry: CMP and add more up to 310$
Target:
328$
340$
358$
370$
400$
SL: 295$
To manage the risk, it is recommended to set a stop-loss.
#DYOR
BNBUSDT Elliott Waves Analysis (midterm expectations)Hello friends.
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Everything on the chart.
I expecting that a correction will begin soon, and after that our growth will continue.
Who's out of position - entry zone 290-260. (im on pos from 234)
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
BNBUSDT Good Buy Opportunity!!BNB/USDT has recently undergone positive corrections, setting the stage for a significant upward movement. The chart indicates a potential breakout beyond the next resistance level, presenting a promising buying opportunity. Investors are anticipating substantial returns in the near future as the asset shows signs of a robust upmove."
BNBUSDT (1D Chart) Technical analysis
BNBUSDT (1D Chart) Currently trading at $301
Buy level: Above $301
Stop loss: Below $260
TP1: $335
TP2: $350
TP3: $400
TP4: $460
Max Leverage 3x
Always keep Stop loss
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BNB/Binance Technical Analysis and Trade IdeaMarket Context: BNB/Binance has enjoyed a strong bullish run, but monthly timeframe signals point towards the asset being overbought. Additionally, a move into previous highs on teh 1M and 1W charts hint at a possible pullback to the 50-61.8% Fibonacci retracement area. This zone often sees increased liquidity, which could attract long positions from institutional players.
Potential Trade Strategies:
Counter-Trend Short: Consider a short entry around the current price level, placing a stop-loss above the recent highs. Aim for a 1:1 risk-reward ratio on this trade.
Fibonacci Buy: Look for a buying opportunity near the 61.8% Fibonacci retracement level, anticipating potential long positions from larger market participants. Place a stop-loss below the recent swing low and establish target levels as covered in the video.
Disclaimer: The analysis presented reflects my interpretation of market conditions and is intended for educational purposes. It does not constitute financial advice. Before executing any trades, conduct your own comprehensive research and carefully consider your risk tolerance.
BNB ANALYSIS🔮#BNB Analysis 💰💰
💸💸As we can see that #BNB was trading in a descending triangle in a weekly time frame . After the breakout of the pattern the price breaks above $300 (As we said). Currently #BNB is facing a major resistance area and if there is a breakout of the resistance zone then we will see more higher price. 🚀🚀
🔖 Current Price: $299.2
⏳ Target Price: $450
⁉️ What to do?
- We can trade according to the chart and make some profits in #BNB. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.💲💲
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#BNB #Cryptocurrency #Pump #DYOR