BNB Short on downward resistance IdeaHere's a BNB short idea.
I will take if it rejects on resistance. This will be invalidated if BTC pumps or we get a confirmed green breakout from resistance.
TP 1, 2, and 3 in the chart.
DYOR
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BNBUSDTPERP
#BNB: FORMING THIS H&S PATTERN!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Welcome to this BNB update.
BNB does not look good here.BNB breakout this head and shoulder pattern in a 4hr time frame Currently retesting.
Short
Entry-CMP
SL-2863
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$BNB will do the last retracement!BNB looks like already broke out from the monthly descending resistance.
it already touched the target, and now i think it will retrace down to the green horizontal box which is the golden buy area
this could be the last retracement and confirming the biggest bull run of BNB
BNBUSDT - Descending Broadening Wedge Pattern!!BNBUSDT (1D Chart) Technical analysis
BNBUSDT (1D Chart) Currently trading at $330
Buy level: Above $325
Stop loss: Below $235
Target 1: $375
Target 2: $460
Target 3: $523
Target 4: $690
Max Leverage 2x
Always keep Stop loss
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BNB IS READY TO GO FOE NEW ATM!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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BNB is breaking out from the EXPENDING TRIANGLE PATTERN in the daily time frame.
Entry range:- $310 TO $330
Target1:- $350
Target2:- $400
Target3:- $450
Target4:- $500
Target5:- $840
SL:- If any daily candle closes below $330 then I'll exit.
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BNB | Trend analysis | The last chance of a bullish momentum!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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LONG #BNB/USDT
ENTRY: $270 to $290
Remember to get in partially don't buy at once. It's important to keep your entry as low as possible. The best way is to buy in parts that will eventually average your entries.
TARGET: 30%
LEVERAGE: 2x to 5x
STOP LOSS: $265
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Binance Coin (BNB) UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BNB/USDT UPDATE :-
Binance Coin managed to confirm the $200 level as support in early July, and ever since, the price has been rallying higher. In the past seven days, it increased by 9.7% and is now well on its way to reaching the resistance at $320.
This latest rally follows a clean break from the resistance at $267, which has turned into support at the time of this post. Buyers appear to have returned to the market, and if this momentum continues, BNB could reach overbought levels on the RSI indicator that is approaching 70 points on the daily timeframe.
In the next few days, expect BNB to test the key resistance at $320, where bears may return to make a stand and stop the current rally. The indicators for BNB continue to give a bullish bias which makes continuation likely, at the time of this post.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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BNB USDT is accumulating for a correction (RTM)as you can see in the chart, price did touch the DP golden box and correcting his movement downward to a lower scale DP at bottom FL and heading toward to engulf RSFL in bottom to hit the target at the top at 332.40 Price to see lower target or accumulate at lower price to go for higher price.
as long as big RS box is not engulfed there is a lower time frame RSFL swap which will hold the price down.
this setup is a mix of QML, MPL Flag and price seeing its smart money target.
Attention: DYOR!
Entry: 332.40
Stop : 337.83
Target: 239.24
BNB | Trend analysis | The last chance of a bullish momentum!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I have tried my best to bring the best possible outcome to this chart, Do not consider it a financial
update:- currently, it looks like it is going to touch the lower support of this channel which is around $235 so we long around there but in case it will not be able to hold this support it drops up to $226 which is second support.
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BNB: BREAKOUT READY TO BOUNCE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BNB UPDATE
BNB is forming this symmetrical triangle pattern and currently, it is retesting.
LONG #BNB/USDT
ENTRY: $240 to $245
Remember to get in partially don't buy at once. It's important to keep your entry as low as possible. The best way is to buy in parts which will eventually average your entries.
TARGET: 30%
LEVERAGE: 10x
STOP LOSS: $230
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BNBUSDT: Rising Wedge, Bearish Again? Will It Stop or Continue??Hello Fellow Binance Coin Investor/Trader, Here's a Technical outlook of BNBUSDT!
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BNBUSDT has broken out of a rising wedge pattern. Furthermore, The MACD indicator created a death cross, indicating potential bearish movement ahead.
All explanations are presented on the chart.
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"
Note: Waiting for the price hits the confirmation line.