BNB/BTC Main trend in full. Channel. Pivot zone.BNB to bitcoin. Logarithm. Time frame 1 month. Idea for understanding the main trend, secondary trends. The accumulation and distribution zones of a given asset of the most liquid and popular exchange (this is the main thing, the direction of thinking of the masses at scale). Setting trends in the crypto market.
Reaching the resistance of the inner channel (bull market 2021) and from it reversal. Now the price is at the support zone of the inner channel. The zone of the level 0.00744. The reversal zone. The percentages from it to the key support/resistance levels from which the further development of the trend will depend are shown on the chart.
This is how the trend of this crypto coin with its own blockchain exchange Binance on a line chart looks.
📊 Trading pair to the dollar. with a more detailed description.
BNB/USD Major trend in full.
J-BNB
BNB/USDT Main Trend (part) Cup 150% Pivot Zones.The main trend (part). Timeframe 1 week. Cup 150% Reversal zone. A cup with a base of about 150% has formed in the secondary trend. The price is now at its resistance of 666.
The 666 zone is an important reversal/trend continuation zone:
1) Not overcoming and formation of a horizontal channel (low probability).
2) Continuation of the trend (breakthrough and realization of the cup's targets), possibly through a flat in this resistance zone or through a small pullback - the formation of a cup with a handle).
Coin in the coinmarketcap: Binance Coin
Secondary trend. Timeframe 1 day.
BNB/USDT Secondary trend. Resistance to previous highs.
BNB/BTC Main trend 1w. Channel. Impulses. Past idea +450%The chart shows the main trend of the Binance exchange coin. Timeframe 1 week. Logarithmic graph. A trading idea for understanding where the price is in the main trend and what the potential of the price movement is. It should be noted that the main trend is quite strong and has formed an upward channel at a distance. The lows are constantly rising along with the highs. This is a very good sign. For the entire menagerie of thousands of such cryptocurrencies, which show such a confident price growth over a long distance of no more than 20. In most cases, even with a high capitalization, the trend breaks over time.
You also need to understand that this is a cryptocurrency of a popular and very liquid exchange, which is why such a strong trend. If the exchange evaporates, then its coin, no matter what you are told, will similarly go into another world in the moment. Therefore, be careful in trading and accumulating large positions.
Notice the super pumping pulses in the trend like what is happening now. Pay attention What corrections took place after such impulses
Former trading idea of this BNB/BTC trading pair.
This trading idea was published on January 17 at the very beginning of the trend inception, when a local reversal pattern formed at 4h. As the trend develops, I accompanied the price in updates and private. channel. BNB / BTC Local performance Double bottom Potential trend reversal
This is an uptrend on the 1 day now timeframe. Profit from the moment the idea was published is about + 450%. The trend is developing. Now there is a breakdown of the triangle and attempts to gain a foothold above its resistance.
BNB & BTC: Rain☔️ Now, Sun ☀️ Next Week? Cloudy ☁️ and even rainy ☔️ trading conditions lie ahead for the global crypto market in the next 24 hours. This translates into a bearish market with downside risk.
Over a one-week horizon, the sun ☀️ should return indicating a slightly bullish market with upside potential for Bitcoin and Binance. The other altcoins won’t benefit from this change and will continue to be under pressure, ATTMO forecasts show.
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BNB's Next Bull Run: Targets of $2000-$3000 Unveiled in TABNB/USDT Technical Analysis: Short-term Bearish, Long-term Bullish
In this technical analysis of BNB/USDT, we will explore the current market conditions and provide insights into the potential price movements of Binance Coin (BNB) in the short and long term. Please note that this analysis is based on historical chart patterns and does not guarantee future price movements.
Current Situation:
At the time of writing, BNB is trading at $244, having experienced a 5% pump due to a recent Launchpad Sale. However, based on the chart analysis, the short-term outlook for BNB/USDT appears bearish.
Distribution Zone and Downside Potential:
The chart analysis indicates the presence of a green box, which represents a distribution zone. Typically, after such a distribution, a downward move can be expected, potentially leading to Wave 5. Considering this, there is a possibility of BNB experiencing a downward movement of 40-50% from the distribution zone.
Anticipated Buy Opportunity:
Based on this analysis, the author is waiting for a buy opportunity at the $100 level. It is believed that BNB/USDT may hit bottom around $100 and potentially bounce back strongly from this level. The author has identified three entry levels: $120, $101, and $80 (with below $100 being considered a bonus).
Long-term Bull Run Potential:
Looking ahead, the historical chart patterns suggest that BNB may experience a significant bull run in the future. The author believes that during the next bull market, BNB has the potential to reach a price range of $2000-$3000.
Target Areas:
To provide potential profit-taking levels, the author has identified several target areas:
TP1: $1000
TP2: $1500
TP3: $2000 (with 80% of positions to be closed at this level)
TP4: $3000 (with prices above $2000 considered as a bonus)
CryptoPatel Levels:
Lastly, the analysis includes key support and resistance levels:
Support: $220, $180, $100
Resistance: $333
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Trading cryptocurrencies carries risks, and past performance is not indicative of future results.
BNB/USDT 1DReview Resistance an SupportHello everyone, welcome to a review of the BNB vs. USDT pair, taking into account the one-day timeframe. First of all, using the blue lines, we can mark the sideways trend channel in which the price is currently approaching its upper limit.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark support, and here we will first mark the strong support zone from $234 to $228, however, if the price falls below this zone, we can see a drop to around $220.4.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we see that the price is moving towards the upper border of the channel, where we have a strong resistance zone from $244 to $250, only when we exit it upside, we can attack the resistance at $256.8.
Index CHOP indicates that there is still energy to continue this movement. The MACD indicator, despite corrections in the channel, maintains an upward trend. On the other hand, on the RSI we approached the middle of the range, despite everything we can see an attempt to attack the first resistance zone.
HelenP. I Binance Coin can continue rise after small correctionHi folks today I'm prepared for you Binance Coin analytics. A few days ago price bounced from the trend line and made a strong downward impulse to the support level, which coincide with the support zone, and even later declined lower. But soon, the price rolled up and rose to the resistance level, and then made a correction to the support level. Next Binance Coin rose higher of the resistance zone and at once made impulse down to the support level and a few time later declined below it. Then the price started to move up to the trend line, and after reaching it, the price bounced down to the support level. A not long time ago Binance Coin rolled up of support level and start to rise. I expect that price can make a little correction and then continue to rise to the trend line. When the price reaches the trend line, it will bounce a little down and then bounce up to the 250.0 resistance level, which is located at my target, thereby breaking the trend line. If you like my analytics you may support me with your like/comment ❤️
BTCUSDT 4H Chart AnalysisBTCUSDT 4H Chart Analysis
Overview:
Bitcoin (BTC) has been experiencing range-bound trading for the past 18 days, with traders eagerly awaiting a breakout from this consolidation phase. In this report, we analyze the key levels and targets to watch for potential breakout opportunities.
Breakout Targets:
Upward Target after breakout: $38,000
Downside Target after breakdown: $27,000
Breakout Areas:
Upward Breakout Point: $31,250
Downside Breakout Point: $29,800
Technical Analysis:
BTC has been consolidating within a range, indicating indecision among market participants.
The upward breakout point at $31,250 represents a significant resistance level that needs to be surpassed for a bullish breakout to occur.
Conversely, the downside breakout point at $29,800 acts as a crucial support level that, if breached, could trigger a bearish breakdown.
Implications:
A successful upward breakout could lead BTC towards the upward target of $38,000, providing potential profit opportunities for traders.
Conversely, a downside breakdown below the $29,800 level may push BTC towards the downside target of $27,000, offering opportunities for bearish positions.
Risk Management:
It is important to note that breakouts can be accompanied by increased volatility and sudden price movements. Traders should implement proper risk management strategies to protect their capital.
Consider setting stop-loss orders and closely monitoring the price action during the breakout phase.
BTCUSDT 4H Chart AnalysisBTCUSDT 4H Chart Analysis
Overview:
Bitcoin (BTC) has been experiencing range-bound trading for the past 18 days, with traders eagerly awaiting a breakout from this consolidation phase. In this report, we analyze the key levels and targets to watch for potential breakout opportunities.
Breakout Targets:
Upward Target after breakout: $38,000
Downside Target after breakdown: $27,000
Breakout Areas:
Upward Breakout Point: $31,250
Downside Breakout Point: $29,800
Technical Analysis:
BTC has been consolidating within a range, indicating indecision among market participants.
The upward breakout point at $31,250 represents a significant resistance level that needs to be surpassed for a bullish breakout to occur.
Conversely, the downside breakout point at $29,800 acts as a crucial support level that, if breached, could trigger a bearish breakdown.
Implications:
A successful upward breakout could lead BTC towards the upward target of $38,000, providing potential profit opportunities for traders.
Conversely, a downside breakdown below the $29,800 level may push BTC towards the downside target of $27,000, offering opportunities for bearish positions.
Risk Management:
It is important to note that breakouts can be accompanied by increased volatility and sudden price movements. Traders should implement proper risk management strategies to protect their capital.
Consider setting stop-loss orders and closely monitoring the price action during the breakout phase.
BNB Short-Term Review Resistance and Support Hello everyone, let's look at the BNB to USDT chart on a single day timeframe. As you can see, the price has fallen below the local uptrend line.
Let's start by setting the support line and as you can see the first support that is currently holding the price is $234.5, then the second is at the price of 232.5$, and then the third at the price of 230.9$.
Now let's move on to the resistance and trump BNB first has to break the zone from $237 to $238, then there is resistance at $239.5.
Looking at the CHOP indicator, we see that there is some energy left for the move, the MACD indicates an attempt to return to the local uptrend, and the RSI has approached the middle of the range, but there is still room for the price to rise.
Negative Signals and Potential Support LevelsDuring the past week, BNB experienced a lack of demand and faced significant negative reactions when it reached the resistance range of $248-254, specifically at the daily 0 Fibonacci level. This break in the short-term upward trend line indicates a negative signal for a potential decrease, suggesting a return to the support level at the bottom of the channel. As a result, there is a likelihood that Binance Coin may face selling pressure, leading to a retest of the support range around $224 (at the daily 1 Fibonacci level). Considering the downward trend in the daily timeframe, there is also a possibility that the price may break the bottom of the channel and reach the precise support level at $206. Until we witness a strong rebound and a breakthrough above the upper limit of the range channel, it is unlikely to expect a bullish mid-term trend.
BNB 220$ Is Next + trade Idea• BNB is trading in a range for the past 29 days.
• Range high is 252$, the range low is 220$ and the mid-range is at 235.85$.
• On July 6th BNB dropped below the mid-range and it is currently testing it as resistance. A failure to get back above the mid-range may cause s drop to the range low, maybe lower.
• The only way that I see for BNB to avoid the 220$ is if the market rips higher from now without a correction.
• There are two wicks on the daily chart at the 220$ region. Because BNB failed to generate upwards momentum, I consider a move below these wicks to gather liquidity likely.
• Long term, I think we will look back at this moment as a golden opportunity.
Support Levels:
• 230$
• 220$
• 204$
Resistance Levels:
• 236$
• 252$
Trade Idea:
• Entry: 221$
• SL: 216$
• Target: 256$
• TP: 236$, 257$, Leave some on the table.
• R: R: 1:4 to the first TP.
Binance Coin can exit from pennant and bounce up to 240Hello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that price a few time ago bounced from the seller zone, which coincide with the resistance level, and made an impulse down below the buyer zone, which coincide with the support level. After these movements price tried to rise, but failed and later declined to support line, where at once it started to rise. BNB rose higher of the seller zone, breaking two levels, and soon reached the resistance line, and then the price bounced and made a strong impulse down to the support line of the downward pennant, thereby breaking past the support line and resistance level. But a not long time ago price bounced up to the resistance line, where it continues to trade to this day. In my mind, Binance Coin can fall to the support line again and then bounce up and break the resistance line. After this, the price can make a retest and then continue to move up, therefore I set my target at the 240 level. Please share this idea with your friends and click Boost 🚀
History will repeat? $182 or $110Monthly Chart
Binance Coin ( BINANCE:BNBUSDT ) is trading around $236 now.
It's dropped from $398.3 and in accumulating
Look back to the history. I see two drops on Jan 2018 and Jun 2019, both of them has the same percent are about 83.64% and 83.89%.
History usually repeats itself!
I wonder how's about this time?
Now, BNB/USDT in Descending Channel and it's support zones by Fib Channel (1.0) and last Swing Month Low $183.4
Supports can hold it and made it bounced back or Binance Coin will break down and drop to around $110.
Wait and see
Is BNB Heading for a Downtrend? ☔️The sun will continue to shine over the global crypto market 🌞 , overall signaling a slightly bullish market with upside potential in the next 24 hours. Binance and XRP ☔️ buck this positive trend, with a downtrend likely.
Over a one-week horizon, the forecast is mixed with the positive trend continuing for Bitcoin. Other altcoins, such as Ether, Dogecoin, XRP, and Litecoin, may face cloudy days ☁️, indicating a bear market with a slight downward trend. 📉
Follow us for more crypto weather insights!
Bitcoin - the beginning of a strong dump or will we see another Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
BTC - Friends, the short position is working out according to plan!
We have two important events ahead of us:
▪First: a test of the triangle from below in the range of $30.225-30.150. From there we can get a refund of $30,800. Be careful with your feet!
▪Second: FOMC minutes at 21:00 MCK. You should also expect volatility from this event.
I continue to hold the position and have temporarily removed the $31,550 order. In case of increased volatility, I will set it back.
P.S: Guys, if you are holding a position with me and using high leverage, I advise you to move your stop loss to breakeven, and it is best to move it to plus.
BNB Possible Double Bottom Trading PlanTLDR:
• BNB is on the verge of breaking out the range high in a possible Double bottom reversal.
• Above the range high is a supply zone between 256 – 266 USD.
• I consider this supply zone as another layer of resistance.
• Wait for a retest of the range high as support and for green dots on the TTM Squeeze indicator before betting the farm on BNB.
Background:
• Between the 5th of June and the June 12th BNB lost 30% of its dollar value.
• On June 12th, BNB reached the selling climax and set the range low at 220$.
• On June 13th and 14th BNB rallied to make the range high at 252$.
• On June 28th, BNB tested the range low as support.
• Until today BNB wasn’t able to successfully break out of the range.
Supply Zones:
• BNB’s downward move was in a “drop, base, drop” pattern. This pattern created two supply zones above the range high.
• The first supply zone is between 256 -263 USD.
• The second Supply zone is between 274 -281 USD.
• Until these supply zones are exhausted BNB’s uptrend can be challenged.
Double Bottom Pattern:
• A double Bottom is a bullish reversal pattern.
• The double bottom is confirmed only after a break above the neckline.
• It is not clear yet if we are in a range or in a double bottom. However, it makes no difference as far as the trading plan is concerned.
Trading plan:
• I am writing this trading plan assuming that we do have a double bottom and that BNB will break above the range high. If the breakout fails, I will look for another entry and update you.
• Pay attention to the supply zone just above the range high. This supply zone will create bearish pressure on BNB and may push the price down, possibly below the range high.
• Don’t buy the breakout. Buy the retest of the range high as support.
• Take profit or move your SL before the second supply zone between 273 – 280 USD.
• You mnust look at the volume candles to verify the breakout. A breakout on low volume is, most likely, doomed from the beginning.
• You can use the TTM squeeze indicator (by Beardy_Fred) as confluence. Wait for the green dots as a sign that volatility is back. However, this is a lagging indicator. To make the best use of this indicator, check the LTF.
Trade Idea:
• Entry: 252 USD (only after a retest and green dot)
• SL: 243 USD
• Target: 308 USD
• R: R: 1:5
• TP: 273, 208
NFA
What do you think? Please share in the comments.
Best wishes.
CAKEUSD Short term break out at $1.601 - Fast profit of 3%After a lot of time I was interested to see the CAKEUSD pair and see what is going on there.
As it is normal, NASDAQ:CAKE follows the same pattern as CRYPTOCAP:BNB does due to the recent news and all the turbulance that exist in all the crypto market and more specifically to BSC ecosystem.
It is very interesting however to examine CAKEUSDT chart and see the potential profits that can provide to us.
Right now, NASDAQ:CAKE moves around $1.558 which is on the low boarder of this graphic - the support.
In the hourly chart this might tought the price of 1.57 and then hit the resistance of $1.601.
SL is the price of $1.544 where a new analysis of the chart will be needed there.
Let me know your opinion on NASDAQ:CAKE charts!! COMMENT BELLOW!
Happy gains to all!
BNB Review 4HInterval Looking at BNB vs USDT, also on a four-hour timeframe. First of all, using the blue lines, we can mark the downtrend channel from which the price went up.
As we can see from the unfolding of the fib based trend extension tool, the price stays just above the first support zone from $247 to $242, however, when the price falls below this zone, we can see a drop around the second strong zone from $234 to $229.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first very strong resistance at the price of $ 253, only when the price positively tests it should try to attack the level of $ 261.
When we turn on the EMA Cross 10 and 30, we can see the confirmation of the uptrend. The CHOP index indicates that we have a lot of energy for the next move. The MACD indicator struggles to maintain a local uptrend. On the other hand, on the RSI we are moving in the upper limit, but we have some space for the price to try to attack the first resistance.
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