BNBUSD - In Bearish TrendBNDUSD is in bearish trend, making continuously Higher Lows and Lower Lows.
BNBBEARUSD trade ideas
$350 can be a target if you currently have BNBHello !
If the current monthly japanese candlestick closes above $277 (current tenkan sen monthly level) then I think that the price could go up to $350.
If the price reaches $350 then I would sell my BNB and wait for a pullback (to eventually $277) to buy again.
The cryptocurrency market is in the third waveGreetings
Dear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
The crypto market is in the third waveGreetings
Dear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
BNBUSD: Can it reach $15000 during this Cycle?Binance Coin has become overbought on the 1D timeframe (RSI = 85.874, MACD = 52.260, ADX = 67.821), even the 1W RSI (85.874) is off the charts, and it is natural since it is on a hyper strong rally that is approaching its All Time High. The 1W MA50 will now support throughout the whole parabolic rally and the ramainder of the Bull Cycle, as it did in the two Cycles prior.
The peaks can be caught very effectively by the Sine Waves and the next is expected to be towards the end of 2025. Every High has been a +0.5 Fibonacci higher, the next is 2.0, so a new peak around 15000 shouldn't be considered unrealistic at all for the coin of the world's largest exchange.
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Buy #BNBUSD at cmp 590. target 6000 in a year .Yearly rounding bottom in #bNB .
new breakout above 700 will confirm target of 6000 in a year .
BNB Poised for Liftoff: Price Could Surge to $1000-$1300 on ReceBuckle up, Binance Coin (BNB) holders! The cryptocurrency is hinting at a major price leap after a significant technical breakout. Now eyeing a potential surge towards $1000-$1300, fueled by a critical resistance level overcome at $650.00.
BNB has been on a tear in recent months, defying the broader market correction. This bullish momentum culminated in a decisive break above its previous all-time high resistance at $650-$670.
However, it's crucial to remember that the cryptocurrency market remains volatile. While the recent breakout is a positive sign, unforeseen factors could still impact the price trajectory. Investors are advised to conduct their own research and exercise caution before making any investment decisions.
BNB Target got hit Mar 8th 2024The main target got hit!
We did trade it from the mid 250s at TTR, now I have exited 25% of my holdings.
Going to buy back at low to mid 300s after the halving event
What's Next?We see that it has completed five ascending waves and two correction waves before it. This indicates that the current shape is a correction and not a real rise, driving all the data shown on the chart.. Goodbye.
*In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.
Preparing to collect BNBPreparing to collect BNB
This quarter 3-4, coin holders are expected to be bustling
BNB is currently accumulating on the daily frame, can have breakdown.
It is also the area where speculators are waiting to collect goods at good prices.
BNB Binance A perfect Target hit !!!This is as perfect as it gets!!!
The TTR target was hit to the penny!
I took off partial of my long-term holdings here. I will be adding at 340-320 level.
There is a potential of hitting 475+ if the price breaks out above today's high
BNB long term targets#BNB #BNB_LTA weekly
price has crossed above 350$ area.
long term targets are found using previous bull and bear market.
important future areas:
1000$ - 1200$
2060$ - 2500$
3600$ - 3900$
7500$
BNB Elliott Wave CountI believe we are at the fourth wave. Retracement is very minimal (currently is always above the 23.6% fibonacci).
$400 is the target. Hold tight
BNB-USD / 15M / TECHNICAL ANALYSIS BINANCE:BNBUSD Hello traders, I have identified the target of the harmonic pattern on the chart.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Binance Coin - 10.000% RallyHello Traders, welcome to today's analysis of Binance Coin.
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Explanation of my video analysis:
After the break and retest on Binance Coin back in 2020 we saw an insane rally of +10.000% towards the upside. Recently BNB then broke out of a longer term triangle continuation pattern and can now potentially create a similar rally. I am now just waiting for a break and retest of the structure mentioned in the analysis and then I my first target is the previous all time high.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Binance aims to breach $400, eyes 10% hike
Retest and Breakout Potential: After retesting $350, BNB is projected to run beyond $400, with resistance expected at $440.
Quick Recovery in Altcoins: Despite Bitcoin's slow movement above $50,000, altcoins like BNB are rapidly recovering, placing Binance among today's top performers.
Market Cap Insights: With a $56 billion market cap, BNB is regaining popularity, still at a 45% discount from its all-time high of $690.93.
All-Time High Possibilities: The ongoing bullish reversal improves the chances for BNB to reach new all-time highs.
Technical Analysis: A sharp V-shaped reversal and a rounding bottom pattern with the neckline at $350 indicate strong uptrend support.
Trading Volume and Sentiment: A 7% overnight jump and bullish engulfing candle suggest a solid entry point, with trading volume backing the uptrend continuation.
Current Trading Price: BNB is trading at $379.8, with a Doji candle indicating a brief pause before likely trend continuation.
DMI Indicator: A sharp increase in the ADX line shows a significant spike in trend momentum, supporting the bullish stride.
Short-Term Targets: In the short term, BNB aims to break $400 with eyes on $440 as the initial resistance level.
Long-Term Price Outlook: The 30% price jump in the last 30 days and the momentum beyond $350 suggest a bullish trend continuation, with a potential aim for $700.
BNB/USD - LONGAfter the retracement made on daily timeframe , BINANCE:BNBUSD we are surely going for a long. BINANCE:BNBUSD because after every impulse and correlation follows another impulse
BNB is LongBNB is long till $366 now, keep your SL tight. market has given enough shakeout yesterday
BNBUSD (W) Will wave 5 happen ?BINANCE:BNBUSD
BNBUSD (W) Will wave 5 happen ?
BNBUSD (W) represents a digital currency generated by the BINACE exchange, fostering liquidity through transaction fees levied on retail investors. The question arises as to whether BNB can induce a surge in price amid a potential upswing in the near future, culminating in wave 5 prior to the next correction. Adhere to the strategy and remain vigilant for a favorable entry point should the market unfold as anticipated
BNB Feb 14 UpdateLooking for a strong close and 348 as the next target.
My ideal target stays the same $400, followed by a multi-month correction back to low 300s
BNB Bull about to resume the uptrend?A strong daily close above the upper band flag would suggest bullish interest.
BNB Feb 7 Breakout UpdateSharing one of my favorite #crypto coin update from TTR
We have been tracking it perfectly all the way from Oct lows.
TTR is very long this coin and its on its way for a breakout!
- Bulls must break above 309
- Bears must hold 296
Binance gets associated with China, and I assume it should start to outperform BTC and potentially even ETH into a mid-month high. Saying that - I will start to cut at 371 and above 400 levels.
BNB UPDATEStrong bullish sentiment still active on BNB. A strong day close above the bullish flag would interest more buyers to load more long orders.
