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
Bnbusdtidea
BNBUSDT Bulls in Control, Approaching $300BNBUSDT Bulls in Control, Approaching $300
BNBUSDT (1h Chart) Technical analysis
BNBUSDT (1h Chart) Currently trading at $256
Buy level: Above $255
Stop loss: Below $237
TP1: $265
TP2: $275
TP3: $285
TP4: $300
Max Leverage 5x
Always keep Stop loss
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BNB NO MORE BULLISH BNB/USDT
In this trading view idea for the BNB/USDT pair, we observe a bearish sentiment in the market due to recent negative news. As a result, many traders are selling in fear, potentially leading to a decline in price.
Based on the current situation, it is expected that the price may drop significantly, possibly by around 30-50% from its current level. This projection is speculative and subject to market conditions.
Another potential scenario to consider is a temporary pump in price to panic sellers, This might be followed by a quick and substantial price drop as sellers react to the pressure.
It is important to note that this idea is presented as a personal opinion and should not be considered financial advice. Traders are encouraged to conduct their own thorough research and analysis before making any trading decisions.
💡Don't miss the great buy opportunity in BNBUSDTAs BNB flirts with a significant resistance trendline, the anticipation of a breakout builds. A decisive close above this level could ignite a rally towards Fibonacci extension levels of 1.272 and 1.414, correlating to a price target around $1200—representing a fivefold gain from the current position. Given Binance's stature as the 'father of the crypto market,' it's plausible to expect a vested interest in bolstering the value of its native coin. Investors should monitor this pivotal movement, as BNB's ascendancy could be a testament to Binance's influence in the crypto ecosystem.
My rigorous and detailed analyses of BNB, visible at my TradingView profile, have historically captured the pulse of its market movements, proving to be successful time and again. With Binance's dominant market role, BNB is on the brink of a potential quintuple surge, as it approaches a pivotal breakout point. My extensive research and careful market scrutiny suggest a strong upside, especially with Binance's vested interest in enhancing the value of its flagship coin.
BNB: BREAKOUT | RETEST | BOUNCEBNB Update:
BNB has broken above the resistance trendline in a daily timeframe. This move is different compared to the previous move as you can see in the chart. This breakout could possibly push BNB toward the bullish side. All it needs to do is hold the price above the resistance trendline.
A breakdown back to the falling wedge pattern will invalidate the bullish move for the time being.
Note: This analysis is on a higher timeframe. Do not scalp based on this chart.
Trade safely.
Regards,
Team Dexter.
BNB: WRESTLING THE RESISTANCE TRENDLINE.BNB Update:
BNB has remained calm and managed to maintain the $200 range quite significantly. With the current price level at $212, BNB is still under the threat of dipping down as it faces the resistance trendline. If somehow BNB manages to break and close above the resistance trendline, things may look different. If not, we have the $200-$203 support waiting for BNB.
What's your view on BNB, let me know in the comments.
Thank you for reading and trade safely.
Regards,
Team Dexter.
BNB ☁️ - Downside Risk; Rebound In 1 Week? Amidst the current 2% dip, Binance faces clouds ☁️ in the near-term, indicating a potential price correction could be ahead. However, there's optimism on the horizon ☀️ as next week holds the potential for a price rebound, according to ATMMO's insights.
Follow us for more crypto weather reports! 🌦️
BNBUSD Analysis 16July2023if you look at the market structure that has occurred in the past week. where prices cannot form a new LL. the biggest possibility is that the bullish trend will be more dominant. I believe BNB will go to 350, but before heading there, there are several SnDs that must be responded to first. the possibility is that when the price is at 300 there will be a correction before heading to 350.
BNB Bearish Flag!KUCOIN:BNBUSDT
BINANCE:BNBUSDT is sitting in a bearish flag.
Price Action is at Resistance and possible entry ideas for a short with possible targets to 182 and 164.
However, the Flag is sitting at an strong support zone.
So, in the event that BINANCE:BNBUSDT breaks out upwards out of the flag, there is a low volume node that could be filled quick to the 200 Daily.
CPI data comes out later so watch for volatility and possible Fake Outs.
Not predicting but preparing for your move - Good Luck!
In regard to CRYPTOCAP:BTC , it is still sitting in a build up.
For detailed analysis see my previous post which also shows target scenarios for CRYPTOCAP:BTC and you can view my idea here which still holds: tinyurl.com/53cpu4vw
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Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BNBUSDT at monthly support, likley to head to 261 and 306The green zone marked on the chart is the confluence of monthly, weekly and daily supports. Therefore, it presents a very strong support area for the price to hold. Even during the brutal drop the price experienced a few weeks back, this is the zone where the price held and bounced back. Then there was a dip into this zone again to retest that area and now it is bouncing again from that zone. I believe the price is heading for the daily resistance DR1 zone first where it may experience some pullback and then head for the weekly resistance WR1. There might be some struggle at daily resistance DR2 zone but I believe that would not be significant in case price reaches there.
#BNB IS READY TO BOUNCE, DON'T MISS THIS OPPORTUNITY😱Binance Coin (BNB) Technical Analysis:
BNB is trading at 278$ which is a strong level of support, we are expecting a good bounce up to the upper level of this symmetrical triangle
and if it breakout this pattern then we can see some good bounce according to the pattern.
we have 353$ and upper resistance of this rising channel 510$ or all-time high
It can offer long-term investors an excellent entry point.
Conclusion:
Overall, technical analysis indicates that Binance Coin (BNB) could expand by 50% or more in the near future, indicating that there is tremendous potential for development in the asset. But like with any investment, you must conduct your own research and base your choices on your personal risk appetite and financial objectives.
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BNBUSDT - Double Bottom Pattern!!BNBUSDT (4h Chart) Technical analysis
BNBUSDT (4h Chart) Currently trading at $316
Buy level: Above $316
Stop loss: Below $304
TP1: $321
TP2: $329
TP3: $338
TP4: $350
Max Leverage 3x
Always keep Stop loss
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BNBUSDT H4 :WHAT an ANALYSYS Hi Guys Hope you well,
Umm , First for better idea please check my last analysis of binance-coin .
It moved exactly like the road map. But according to the price of Bitcoin, it might be another scenario will take place.
please check both scenario and do the best .
SecondChanceCrypto
⏰25/May/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment.
BNBUSDT.P Trade No. 82Hello Traders, Here's my analysis on BNBUSDT.P long trade. Entry Target and Stop Loss is given in chart and here's he summary of trade.
Broke the downtrend structure 1H Tf and now retracing at golden pocket of FIB.R. Currently I am expecting a minor uptrend before going towards our long entry. Don't forget to leave your opinion in comment section and like the idea.
BNB to see price rejection at recent lower highPrice action edged closer to the recent high, near $328. A move above the FVG zone ($331.5 - $333.7) and a lower high on 1 & 2 May could see a sell-off.
The likely drop could hit the support zone of $316 - $320 (cyan). The support has been steady since mid-March.
A close above the lower high ($336) will be an invalidation.
Entry: $331.5 (FVG’s lower boundary)
Target: $320 (support zone’s upper boundary)
Stop-loss: $336 (lower high on 1 & 2 May)
RR (Risk-Reward): 2.5
bnb 4hr TF long target -334 usdtdear folks
today i tacke long posistion in bnb reson for 4 hr TF symmetrical triangle pattren formed
LH & LL formed in last hours so my next target next LL for 334 usdt
it will be risk zone because 3 times touched in trend support line still not break up side and down side any way i take long posistion beacuse top side high liqudity supply zone avalible
if i am wrong please comment your tthoughts it will help full for me better analysis in my trading journy
thanks
Binance coin (BNB) formed a BAT for the next price reversalHi friends, hope you are well and welcome to the new trade setup of Binance coin (BNB) with US Dollar pair.
Previously we caught a nice trade of BNB as below:
Now on a 4-hr time frame, BNB has formed a bullish BAT for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Bnb Hold The Support Or Die Bnbusdt
"If there is a breakdown , I am anticipating a significant drop in value. It is crucial for BNB to maintain the support level that I have indicated on the chart. A breakdown of this support level could lead to a further drop in value, potentially down to the range of 310-260."