BNBUSDT Inverse Head and ShoulderBNBUSDT (1H Chart) Technical Analysis Update
Inverse Head and Shoulder
BNB/USDT currently trading at $544
Buy-level: $538- $545
Stop loss: $508
Target 1: $571
Target 2: $590
Target 3: $610
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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Bnbusdtlong
BNB analysisAt 18th of April bulls bought the dip at 454$ which could raise the price back above. Bears are likely to defend the 550$ resistance if they manage to that then price may drop to 428$ and then to 348$ support.
If EMA20 at 550$ breaks upward then price may reach 600$ and then to 638$ and finally to 832$.
The BNB will attack the new ATH very soon!!! This is our setup.Here you can see a sample of how we trade.
This is our active BNB / USDT trade.
We can see the perfect confluence where the TL was broken right at the level of Fibo 0.618.
We expect further growth, probably on the new ATH.
We're chilling out and going to enjoy the weekend now.
BNB to the moonThe crypto market is rallying, and the biggest winners have been exchanges. (Look at FTT token)
Binance is valued at $80 Billion (Market cap) being the #1 exchange (in volume) and #2 layer 1 crypto platform (behind Ethereum)(in dapps). While Ethereum has a market cap of $270 billion and Coinbase of $90 billion. Binance is undervalued since it established leadership in the exchange industry and this is reflected by the exponential growth in valuation. We should see a substantial price rise in the next days.
BNB/USDT : Breakout from falling wedge BINANCE:BNBUSDT
Hello everyone 😃
BNB was moving into a falling wedge.
Now it's had a breakout from it which is extremely bullish for BNB specially after yesterday's burning !
On Technical side :
MACD had a bullish crossover and now, Volatility is being bullish.
Also MA100 reached movement and starts to support movement !!
By the way, There is a bullish trendline which is leading BNB 25th March..
All flags are bullish for CZ's coin :D
But... have to notice :
🔴 Funding is slightly high across all the major exchanges. We can expect small dip during weekend so manage your risk accordingly and buy in parts. Don’t go all in single shot with high leverage otherwise you’ll be punished hard!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
BNBUSDT Next Target!BNBUSDT (1H Chart) Technical Analysis Update
BNB/USDT currently trading at $536
Buy-level: Above $550
Stop loss: $503
Target 1: $580
Target 2: $610
Target 3: $650
Target 4: $700
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
#BNB #Binance - 4 hour SFP reversal pin + golden pocket reclaimEntry - $518.49
Stop Loss - $492
Exit - $597
Leverage - 10 x
Risk to reward - 3 to 1
BNB Has formed a nice reversal pin on the 4 hour chart whilst also wicking through support.
It is now looking to reclaim the golden pocket before moving up again.
It is also forming a nice bull flag on this pullback.
BNB Should start to move up again and retest resistance.
Best of luck!
Don't forget to like & Follow
NEW ATH on Binance coin! Binance coin is very bullish. For next move up is necessarily break a resistance and close above this resistance. You can see strong support level around 530USD - is important to hold this level for next uptrend. TIP - don´t short this coin because Binance doesn´t like it :)