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
Bnbusdtsignal
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 - potentially getting out of the triangleA nice setup is currently being created on BNB. The upside exit from the triangle I marked should give a strong upward impulse. Entering riskier positions at the bottom of the triangle trend line with a fate stop below the last lows (worth the risk) or safely after a retest of exiting the triangle at the top. In both cases we are targeting the same TP of 1.618 measuring the fibo of the last correction:
TP - around $730
The negation of this analysis would be the formation of a lower low on the H4 time frame.
#BNB: Breakout this bull pennant!#BNB has broken out of a bull flag pattern. Now, we're looking for a retest of this pattern to confirm it according to technical analysis. If confirmed, we could see a potential 80% upward move. However, we must overcome the important resistance at the all-time high.
Stay tuned for more updates. I'll keep you informed.
#Crypto
BNBUSDT Elliott Waves Analysis (Investment idea)Hello friends.
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Everything on the chart.
Closest target: 350 - 460 - 570
Main(investment) target zone: 850 - 1200$
Cancellation of setup - decreasing under 185.
RR: 1 to ~18
Stop loss must be necessarily, we have gap in 50-150$ zone, sooner or later we will get there.
risk is justified
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BNB/USDT Keep an eye on Bullish Flag, Break or rejected ??💎 BNB has recently experienced significant developments in the market. It is currently exhibiting a Bullish flag pattern, which is considered a bullish continuation pattern.
💎 If BNB successfully breaks out of this pattern, there is a probability of a continued upward movement in price, with the potential to reach our target strong resistance area.
💎 However, if BNB fails to break out of the pattern, there is potential for the price to decline and return to retest the support area to establish new momentum. In a more bearish scenario, BNB could even drop back to the demand area around 266.
💎 The demand area is critical and would require a bounce to support the continuation of the upward movement. If BNB remains in a sideways trend with weak volume, this could be a concerning sign, as it may lead to a loss of demand or a breakdown of the area.
💎 In such a scenario, BNB would revert to a downward movement, and the support trendline would also be breached, potentially taking the price back to the strong support area.
BNBUSDT Good Buy Opportunity!!BNB/USDT has recently undergone positive corrections, setting the stage for a significant upward movement. The chart indicates a potential breakout beyond the next resistance level, presenting a promising buying opportunity. Investors are anticipating substantial returns in the near future as the asset shows signs of a robust upmove."
BNBUSDT (1D Chart) Technical analysis
BNBUSDT (1D Chart) Currently trading at $301
Buy level: Above $301
Stop loss: Below $260
TP1: $335
TP2: $350
TP3: $400
TP4: $460
Max Leverage 3x
Always keep Stop loss
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#BNB/USDT LONG#BNB
The price has been moving in a bear flag since May 2022
We have a strong support area from which the price bounced, 203.60
We're about to go up
This rise is supported by the moving average breaking 100
And break the downtrend
The price now is 232.40
First goal 327.5 0
Second goal: 387.50
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BNBUSDT Bulls in Control, Approaching $300BNBUSDT Bulls in Control, Approaching $300
BNBUSDT (1h Chart) Technical analysis
BNBUSDT (1h Chart) Currently trading at $256
Buy level: Above $255
Stop loss: Below $237
TP1: $265
TP2: $275
TP3: $285
TP4: $300
Max Leverage 5x
Always keep Stop loss
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BNB Binance Coin (Long Term)Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Today I want to talk about BNBUSD
Before that, I want to remember It's not financial advice.
I'm just sharing my view and opinion of the chart. Please do your own research.
As seen on the chart The price is in the Support zone and I expect the price to react to this support again. But if the price loses this support zone everything will be difficult and the situation will be changed.
This causes a drop in the market, which, as you know, can lead to a FUD in the market. so I expect we lose the first support zone at around 185 USD and move to 60-70 USD and if the second support zone one cannot support correctly the last support is almost 30 USD It's a fabulous zone to buy and Hold BNB for a long time.
We will never see this price anymore. In other words, I have to say BNB has a very high target in a bull market. Buy BNB and Enjoy
Please like, follow, share, and comment if you enjoy this Idea, Also share your ideas and charts in the comments.
Wish you health and wealth.
I hope you will fulfill your ambitions.
Sincerely Yours
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 $275, and the support trend line has now turned into resistance.
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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#BNB IS READY TO BOUNCE, DON'T MISS THIS OPPORTUNITY😱Binance Coin (BNB) Technical Analysis:
BNB is trading at 278$ which is a strong level of support, we are expecting a good bounce up to the upper level of this symmetrical triangle
and if it breakout this pattern then we can see some good bounce according to the pattern.
we have 353$ and upper resistance of this rising channel 510$ or all-time high
It can offer long-term investors an excellent entry point.
Conclusion:
Overall, technical analysis indicates that Binance Coin (BNB) could expand by 50% or more in the near future, indicating that there is tremendous potential for development in the asset. But like with any investment, you must conduct your own research and base your choices on your personal risk appetite and financial objectives.
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