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BNBUSDTPERP

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: $1000 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
BNB's Potential Surge: CZ's Release and Buyer Zone AnticipationThe recent developments surrounding CZ's release have sparked optimism across the market, potentially fueling a rise in BNB’s value. As seen in the chart, we are currently monitoring a key buyer zone (marked by the green box), which has been identified as a significant area of interest. If price action confirms this level, it could provide a strong entry point for buyers, aligning with the positive market sentiment following CZ's return.
Long
by XU99
BNB Is Forming an ABCD PatternThe AB=CD pattern is a four-point price harmonic, which involves a partial retracement of the initial price segment, followed by an equidistant move from the completion of the pullback. Not every impulse and retracement form an ABCD Pattern. I use it under two conditions: 1. AB is an Impulsive move. 2. Sharp retracement up followed by a sharp move down. Use a trendline as a guide. ABCD Targets: 1. A shallow continuation follows a deep retracement and vice versa. For example, if BNB retraces in C to 70% of AB, the D point is expected at 1.414. If it retraces to the 0.618 of AB, the D point is expected at 1.618. Your default should be the 1:1 extension. BNB is creating a nice ABCD With a target of 350$. Invalidation: Price > 544$
by NewThoughtCrypto
BNB Is Forming an ABCD PatternThe AB=CD pattern is a four-point price harmonic, which involves a partial retracement of the initial price segment, followed by an equidistant move from the completion of the pullback. Not every impulse and retracement form an ABCD Pattern. I use it under two conditions: 1. AB is an Impulsive move. 2. Sharp retracement up followed by a sharp move down. Use a trendline as a guide. ABCD Targets: 1. A shallow continuation follows a deep retracement and vice versa. For example, if BNB retraces in C to 70% of AB, the D point is expected at 1.414. If it retraces to the 0.618 of AB, the D point is expected at 1.618. Your default should be the 1:1 extension. BNB is creating a nice ABCD With a target of 350$. Invalidation: Price > 544$
by NewThoughtCrypto
Blood on the leaves.BNB is breaking structure and has also hit the top of the 0.5 Fibonacci level. Back in July, after reaching that point, we went down to the 0 Fibonacci level and are now currently looking for a relief crash down to 0.27 and then 0.618. We are also in the third wave down according to Elliott Wave Theory, completing the harshest wave. Last but not least, the structure is breaking out of a bear pennant. If you are familiar with price action and technical analysis, you can follow up and see that what I am articulating is accurate. Thanks for reading! :)
Short
by swurveeydope
1
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!
by ahmadarz
#BNB reaches the staged support zone📊#BNB reaches the staged support zone✔️ 🧠We made adjustments as expected after completing the weekly-level bull target. The current price has reached a staged support area. If a new bull structure can be formed in this area, it will be worthy of our attention and participation. 👀 ➡️Because at the monthly level, we have opened up a higher space, so trading with the trend will always be much smoother than trading against the trend. So we closed the short order we held. 💰🍻 🎉Congratulations to all the friends who followed Wolf King to print money. 💰🍻 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BNBUSDT.P
Short
by wolf_king888
1
BNB Bulls Eye Breakout: Will Binance Coin (BNB) Surge Past $660?Binance Coin (BNB) has emerged as a standout performer, showcasing significant price movements over the past few years. From its early days at around $50 in November 2020 , BNB has experienced dramatic highs, bringing significant opportunities for investors. BNB's journey has been nothing short of remarkable. After climbing to an impressive $696 peak in May 2021 , the subsequent bearish market took its toll, driving the price down to a low of $200 in June 2022 . The coin then faced a resistance level of $340 , appearing as a double top pattern before retracing back to the yearly support of $200 by October 2023. However, the tide turned in favor of BNB as the broader crypto market regained momentum. The resurgence propelled BNB to new heights, surging to an all-time high of $640 . Currently, BNB has found solid support at the $500 level, a critical juncture that could pave the way for further upward movement. I am closely monitoring BNB's recent price action, particularly as it hovers around the $590 resistance zone . A breakout above this level could set the stage for a significant rally towards the next resistance point at $620 . If BNB manages to breach this barrier, experts anticipate a clear path towards surpassing its previous all-time high to a new price $700 and potentially even higher. Looking at the weekly timeframe chart, the $500 support level holds key significance. Should this level remain intact, market sentiment suggests a bullish breakout scenario, targeting ambitious price goals beyond the current resistance. Investors and traders are advised to keep a close watch on BNB's performance in the coming days, as market dynamics continue to shift rapidly. With the broader crypto market showing signs of upward momentum, Binance Coin stands poised for a potential breakout, setting the stage for an exciting period of price discovery and market activity. As always, it's crucial for participants in the crypto space to exercise caution and conduct thorough research before making investment decisions. The inherent volatility of cryptocurrencies underscores the importance of staying informed and adapting to evolving market conditions.
by Z4F4R