Bnbusdtlong
BNB on the Brink of a Major BreakoutBinance Coin (BNB/USDT) is approaching a key resistance zone in Blue at $605.5 to $618.5. It's tested this level multiple times, suggesting a possible breakout if it closes above. The target? Around $721.8, 16.54% . A rejection could lead to retesting lower support. Stay tuned
Binance Coin Long Setup Setting / Next Alt-Season BasketBINANCE:BNBUSDT
OKX:BNBUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
Considering the price trend in its previous channel, by repeating the stabilization of the price at the bottom of the second parallel channel, it can be expected that the price will continue to move up to the top of the new channel.
The price breaking above the specified level can increase the certainty of the realization of the price target.
The price falling below the red level cancels the bullish scenario of Binance Coin.
Potential price targets for the levels will be $950 and $1,447.
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
950
1447
2340
3515
🔴SL:
252
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Positioning for Potential: $BNB Set to Break Out!I think it’s time to consider taking a position in $BNB. It has been ranging for a while, and the weekly timeframe is finally showing some strength.
I’m anticipating a break of the purple line within this week, or by next week at the latest.
The time@mode is still to be confirmed, and the Point of Control is just a few percentage points away from current prices. The bi-weekly chart looks much more constructive compared to other timeframes, so it’s definitely something to keep an eye on.
Also, be prepared to play betas on this one; Simon’s Cat is one to add in case CRYPTOCAP:BNB goes on a rampage toward $1k.
Binance $1000Couple of months ago i made an idea where i said BNB was going into price discovery:
Which it did, but then it retraced the movement and crushed all bulls. Making a nasty fake breakout.
I'm trying to long again this time, because the price as recovered since then and has been strong testing the resistance made from $600.
I'm very convinced we will be seeing BNB skyrocketing to 1k. Binance is the most profitable business in the whole crypto industry.
Stay frosty.
BNBUSDT Targeting 2021 All-Time High Amid CZ's Release!!BNBUSDT has successfully broken through key resistance levels and is gaining momentum towards the all-time high seen during the 2021 bull market. With Binance founder CZ set to be released today after serving 119 days in prison, this event may significantly impact BNB's price action.
Expecting a substantial upward movement, but as always, ensure you have your stop-loss in place to manage risk effectively.
BNBUSDT (1W Chart) Technical analysis
BNBUSDT Currently trading at $608
Buy level: Above $600
Stop loss: Below $500
TP1: $650
TP2: $720
TP3: $850
TP4: $1000
Max Leverage 3x
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BNBSUD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD BNBSUDSHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Set Up for BNB (BinanceCoin)There is a reversed head and shoulders pattern in BNB at the very key point.
Breaking above this struckter will cause BNB to claim daily Orderblock left many days ago.
I left an example position for long entry.
I actually don't recommend a stoploss before closing daily candle below the stoploss level I created but it's your decition.
There is also a short term target for BNB if you are a scalper which is 617 currently the liqudation area.
Good luck.
BNB's Potential Surge: CZ's Release and Buyer Zone AnticipationThe recent developments surrounding CZ's release have sparked optimism across the market, potentially fueling a rise in BNB’s value. As seen in the chart, we are currently monitoring a key buyer zone (marked by the green box), which has been identified as a significant area of interest. If price action confirms this level, it could provide a strong entry point for buyers, aligning with the positive market sentiment following CZ's return.
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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🌴
BNB Eyes Bullish Breakout: Price Attempts Upward TrajectoryThe price of Binance Coin (BNB) is currently exhibiting interesting technical signals on the 4-hour chart, hinting at a potential bullish breakout. This analysis delves into the current price action, focusing on the 100-day Simple Moving Average (SMA) and the established bullish trendline, to gauge BNB's future trajectory.
100-Day SMA: A Benchmark for Momentum
The 100-day SMA acts as a crucial indicator of long-term momentum in the market. It represents the average closing price of BNB over the past 100 days, smoothing out short-term price fluctuations and revealing the underlying trend. Currently, the price of BNB is trading above the 100-day SMA, signifying a potential shift towards a bullish uptrend.
This position above the 100-day SMA suggests that the overall buying pressure for BNB is outweighing the selling pressure. Traditionally, a sustained move above this key moving average is often interpreted as a bullish signal, indicating that the long-term trend for BNB may be positive.
Bullish Trendline: A Guide for Direction
The 4-hour chart also reveals the presence of a bullish trendline. This line is formed by connecting a series of higher swing lows on the price chart, highlighting the overall uptrend direction. In an ideal scenario, the price should respect this trendline by finding support at its touchpoints.
The analysis points out that BNB has previously attempted to break above this bullish trendline, but faced selling pressure that resulted in a pullback. However, the recent price action suggests a renewed attempt to reclaim this uptrend. This retest of the trendline is a critical juncture, as a successful breakout could signal a continuation of the bullish momentum.
The Importance of Confirmation
While the current technical indicators are promising, it's crucial to emphasize the importance of confirmation before drawing definitive conclusions. Here's how confirmation can be established:
• Volume: A surge in trading volume alongside the breakout from the trendline would provide stronger validation of the bullish move. Higher volume suggests increased participation from buyers, reinforcing the uptrend.
• Technical Indicators: The convergence of other technical indicators, such as the Relative Strength Index (RSI) or the Moving Average Convergence Divergence (MACD), with the bullish signals on the chart can bolster confidence in the breakout.
Looking Ahead
The confluence of the price trading above the 100-day SMA and the retest of the bullish trendline paints a potentially optimistic picture for BNB. If confirmed by increased volume and supportive technical indicators, this could lead to a sustained price increase in the coming weeks.
However, it's important to acknowledge that the cryptocurrency market remains volatile, and unforeseen events can trigger price reversals. Continuing to monitor market developments and incorporating additional technical analysis is essential for making informed investment decisions.
BNBUSDT Path to $2500BNBUSDT Technical analysis update
BNB price has been trading inside a range for the last 1,230 days, with multiple rejections from the resistance of the range. Now, the price is moving towards a breakout, which could happen in 1-2 months. The price could reach the $2,000-$2,500 level in 2025.
HODL.
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: analaysis in D1📊Analysis by AhmadArz:
According to the flag pattern that we saw the best reactions in the past, we can expect the same analysis from the chart at this time.🧨
Just keep in mind that there is a 10% chance of a fake breakout on each side of this horizontal trend.🚨
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Binance Coin - The $70.000 price target is real!Hello Traders and Investors, today I will take a look at Binance Coin .
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Explanation of my video analysis:
Back in 2020 Binance Coin created a decent bullish break and retest of a horizontal structure which was followed by a rally of 10.000% towards the upside. After this rally, which ended in April of 2021, Binance Coin has been trading sideways ever since. Currently it seems like Binance Coin is preparing another bullish breakout, which could lead us all the way up to $70.000 in the future!
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Keep your long term vision,
Philip (BasicTrading)
BNB Price Analysis
BNB is in an uptrend but the rally is facing resistance at $721.8, suggesting profit booking from short-term traders.
Currently, the price of BNB is testing the EMA21 and is very close to the $630.3 level where a breakout occurred. If the price of BNB holds the support and bounces back from here we can see a good bullish move.
If the price closes below the support at $630.3 and the trend line this might drag the price to $495.8.
There is very little chance for the price to break the trend line because if the price breaks the support it will test the trend line and EMA 55 at the same time and from here the price could bounce back to the upper level.