Bnbusdtlong
BNB is the best asset now!Hello, everyone!
While most of influencers are talking about some FUD which can happen with the Binance, we don't believe in that because Elliott waves are superior and it told us that BINANCE:BNBUSDT is an extremely strong asset which has likely reached it's bottom.
Let's take a look at the BNBUSDT price chart. We consider the beautiful 5 waves impulse to the downside. Wave 3 bottom can be defined as the minimum value at the awesome oscillator. After that the wave 4 has been represented as a flat correction and final leg down looks like the wave 5. We suppose that wave 5 has been already finished because we have the bullish reversal bar at the very bottom. This bar has the great angle with the alligator.
Moreover, momentum at the AO has been reversed and it formed the bullish divergence with the BNB price. We don't know if price has finished the global bear market or not at this point, but bounce at least to Fibonacci retracement at $280 is anticipated anyway. There we will decide what is coming next.
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BNB/USDT Support ZonesBNB has had a strong Bearish pennant formation on the daily and 4hr candles. Price is expected to pull down to either 2 zones of 187 & 118 respectively. Monthly support zones is market at 187 where price had strong bullish upside momentum. Expected to further be in a sideways market trending until 2024.
BNB 🌤️ 24 Hrs & 1-Week; Slightly Bullish Market AheadBinance Coin witnessed a 2 percent decline in the past 24 hours. Nevertheless, a price retracement is on the horizon.
As suggested by ATTMO, expect sun with scattered clouds 🌤️ for Binance Coin in the upcoming 24 hours and week, indicating a potential bullish trend. Stay tuned for more crypto weather updates!
Bnb Short Term Plan "Binance Coin (BNB) / Tether (USDT) Analysis
In the BNB/USDT trading pair, BNB is currently testing a minor horizontal resistance on the hourly time-frame. This comes after a recent liquidation event. I anticipate that the price might surpass this level and rise towards the resistance range of $245 to $260.
Please note: This information is only a suggestion. It's important to conduct your own research before making any trading decisions. Additionally, it's recommended to wait for a confirmation of the breakout before taking any action.
Best of luck in your trading endeavors!
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BNB ☀️ Upside - Bullish Next 24 Hours Binance Coin experienced a 0.2% increase over the last 24 hours. As per ATTMO's market analysis, the upcoming 24 hours hold a positive forecast with a sunny outlook ☀️ for the Binance Coin price. This suggests the potential for further price growth beyond its current levels.
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BNB Trade Surges: 0.5% Profit Achieved so farFantastic news! Our recent BNB trade has delivered remarkable results, achieving an impressive 0.5% profit. It's a testament to our strategic approach and the power of informed decision-making.
Stay tuned for more exciting opportunities as we continue to navigate the markets with precision and expertise.
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bnbusdtHello, good time everyone
Considering the specified areas and considering that the price could not stabilize below the desired range, and also considering the candle stop hunt, I expect the price to grow up to the desired ceiling. I would be happy if you have an opinion on this matter
Thanks and good luck.
BNB short currently sideways BNB, BNB could hit $448.23 in 2023
BNB’s price prediction for the most bearish scenario will value BNB at $194.61 in 2023
BNB’s previous All Time High was on 10th May 2021 where BNB was priced at $686.31
BNB’s price at the same time last week was $231.07. It has moved by 0.77% in the past week and is currently at $243.26. Infact, in the past 24 hours, BNB has pumped by 0.32%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BNB could hit $475.81 in 2024.
The total circulating supply of BNB as of writing this article was $155,855,196 and the marketcap of BNB remains at $37,914,395,267.
However, Binance’s legal battle isn’t over just yet. The US SEC is seeking restraining orders to freeze Binance’s assets. Although the exchange has asked the court to deny the restraining order, the ongoing showdown could further affect BNB’s value.
The weekly timeframe chart showed that BNB’s plunge has hit June/December 2022 lows. During the December 2022 FUD (fear, uncertainty, and disinformation) around Binance’s proof of reserves, BNB tanked to $220.
The $220 level aligns with a bullish order block (OB) of $206 – $243 (cyan) on the weekly chart formed on 27 June 2022. In addition, it coincides with the range low of a parallel channel (blue) and the 200-MA (Moving Average).
So, it could make the $206 – $243 zone (cyan) a strong bullish stronghold. Unfortunately, it could crack if Binance’s legal woes worsen in the next coming days/weeks. A drop below the confluence area could ease at $184 or $118.
Conversely, BNB could attempt to reverse the losses and target the mid-range ($293) if the demand zone doesn’t crack. The level also aligns with the 50-MA.
In the meantime, the RSI (Relative Strength Index) flattened in the lower range – suggesting selling pressure eased. Similarly, the CMF (Chaikin Money Flow) moved sideways slightly above the zero mark – denoting capital outflows from BNB subsidized.
A break above 359 and creating bullish pa HH and HL is the start of a bullish trend
BNBUSDT Long ideaBased on my analysis, BNB should start growing from a price of $240. The targets could be $250, $257, and $275. The final target is $275, and the support trend line has now turned into resistance.
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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BNBUSDT Analyst. GET READY!!!Hello everyone! I want share my idea about BNBUSDT.
After Bitcoin and almost whole market massive uptrend, BNB after drop at the moment still looking bearish. but we have interesting moment here.
BNB broke weekly uptrend trendline touch then touch to weekly demand zone and its going up with little up movement which looks like its correction. whole market is bullish but BNB is still at low price we have price up 89 moving average but for long we need brake this trendline to up and new HL.
Why big boys didn't buy BNB its interesting, but finally I believe we will see big uptrend from here. and my price prediction is here for BNB-it will brake 1W resistance and with new HL show us new year high, what we need to do only wait.
BE PATIENT!!!
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.
Unstoppable BNB Bulls to $400 from $250? Explosive Ride!Bulls are coming, $400 BNB loading.....Don't be deceived by the quietness surrounding BNB while other altcoins are pumping. This pump coming seems to be extraordinary, and it's a chance you wouldn't want to miss. Well sit tight for this one, If you want to join the BNB bulls ship before it sails, here is a free signal to get on board quickly if you read to the end you get free entry, stop and take profit but don't forget to click the boost button to support us if you agree and comment if you disagree.
Chart Analysis: According to MT Pandora's Box, The current support level on BNB around 245 to 250 indicates a potential breakout on the 4-hour chart. A higher low formation suggests a 65% chance of a bounce towards the resistance range of 263 to 268. If the bulls maintain dominance, further targets could reach 300. It is advisable to buy incrementally as the breakout is pending, considering the high volatility of BNB's price. The price may experience back and forth struggles, but once the breakout occurs, it could skyrocket to 409 to 569 if extended. The market sentiment suggests that the bulls are unstoppable, and missing out on this opportunity would be a mistake.
Here at MT traders, we have already started accumulating BNB at around 237. While it is uncertain if $500 will hold them, it's wise not to be too greedy with the take profit target
Moreover, the weekly chart shows a highly bullish market sentiment, and even a slight range entry by BTC could trigger more altcoins to break out, including BNB.
I will be constantly updating this post, so I encourage you to come back and check for updates. It's still a great opportunity to buy before it's too late. If you agree with this idea, please follow and click the "like" icon under this post. If you disagree, please comment below stating your reasons.
📈 🚨 #FREE MT BNB LONG TRADE SIGNAL 🚨📈
👉 🧿 ASSET: CRYPTOCAP:BNB (BNB/USDT)
👉 🧿 ACTION: LONG
👉 🧿 1st ENTRY PRICE: $248.3, $252, $254.5
👉 🧿 STOP LOSS: $226 (Risky stop 237) 👉 🧿 1st TAKE PROFIT: $268, 2nd Tp: $300 (extended TP: , $468, $590)
Remember to trade responsibly and always do your own research. Happy trading! 📈🚨
BNB LTF Long Trade
BNB broke out of the Ascending Triangle to the upside. It is currently testing the 253 USD level for support.
If BNB manages to flip 253 to support, it is a long trade, IMO.
If BNB doesn’t manage to break out, I think we will go lower to around 246 USD and try again from there.
If it breaks down from the triangle, I will reassess the situation.
Read my previous BNB ideas for more context.
NFA
What do you think? Please share in the comments.
Best wishes to all.