BNBBULLUSD trade ideas
BNBUSD Digital currencyBNBUSD >> 222$
currency
The expected movement to the observed target at $ 222.....
This is an imaginary drawing that expresses the view of its owner and is not a recommendation to buy or sell, God willing, it will be a correct view
My Main position for next WeekOn screen you can see how i see it's gonna happen. I will open position in the purple area then i will see a good volume or liquidity
BNB to $75Binance coin is spending heavily on marketing at the moment, they just signed the biggest TikTok creator - this all comes at a price. They won't become the next CRO because CZ is smart AF but they're headed to sub 100 easy.
Should be a great place to buy and hold forever in my opinion - the exchange is only going to grow.
BNBUSD ❕ volumes are growing, but the level is holdingBNB is moving in the liquidity zone.
Trading volumes are growing with the price decrease, but holding the support level.
TD Sequential - reversal signal up at 30m Timeframe.
Price in the oversold RSI zone (1H TF)
Price and RSI have formed a bullish divergence (1H TF)
I expect that the price may retest the support level, but after fixing above it will start to rebound.
BNBUSD (4H) Bearish reversalHi Traders
BNBUSD (4H Timeframe)
Waiting for the downward break of 229.30 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 245.00 would cancel the bearish scenario.
Trade details
Entry: 229.30
Stop loss: 245.00
Take profit 1: 219.80
Take profit 2: 204.30
Score:
Strategy: Bearish reversal
Bainance digital currency is falling again to around $ 125-150Hello guys . Follow the main index (bitcoin) for all digital currencies is possible Causes: Similar correction structure.
(Finally, I'm really saying this is just an analysis, and the probabilities are based on Elliott's principles. And I'm a student in training. Thank you.)
Binance Coin: macro fundamentals are directing price moves During the previous week there was positive news for Binance exchange, that the company is planning to expand its business introducing a platform for VIP and institutional clients. It was also positive that the company is hiring professionals from the crypto industry during a period of time when the majority of its competitors are decreasing in number of employees. BNB did not react to this news, but was following general crypto market sentiment, making a modest move to the upside. This in practice shows how strong the impact of macro fundamentals is at this moment.
During the previous week BNB was moving in a line with general crypto market sentiment. Current bottom line has been reached at the $200 support line. Coin entered into a short reversal, reaching its highest weekly level at $241. Resistance line at $250 has not been tested, leaving room for a coin to test it in the following period. The Relative Strength Index moved from the oversold zone, but managed to reach 44. This indicates that the market is still not in a stage of clear price reversal to the upside. Moving averages of 50 and 200 days are modestly diverting from each other, still following downtrend.
Technical analysis is indicating potential for a resistance line at $250 to be tested in the coming days. On this path, there is probability for a short move to the downside, in order for the support line at $200 to be tested for one more time, before a final reversal toward the resistance line.
BNB 1h short ideabearish shark harmonic pattern completion
4h supply
1h ob with imbalance
1h elliot wave 5
4h abc completion extended
possible head of HnS
buy buyThe long tail candle after a high volume of trading is an indication of the price reversal up and on it I advise buying with doubling the stake if the vwap is broken strongly by a large candle
BNB🧵 BNB (Long Position)
Wait for confirmation CHoCH there and inducement. Price action has been flawless on this cone. Clean uptrend with some MSB, I'm looking to go long once we get from here. Enter on OB + FVG = strong reactive point.
Enter at 213.487, 214.676 (EQ of Orderblock), 215.864
Target profit: 245.935 (Higher Highs)
BNBUSD Long AnalysisThis analysis is showing a bullish trend for BNBUSD. The candle chart is increasing.
Binance Coin: moving in oversold areaWithin a single week BNB lost some 29% in value. This came as a result of the negative market sentiment and general push of asset prices to the downside. BNB started the week testing $250 support line but soon managed to break it and finish the week around $190 next support.
During the whole week RSI was moving in the oversold territory, around level of 23. Moving averages of 50 and 200 days continue to move with modest divergence from each other and with a clear down trend. Main question at this moment is if the market has reached its bottom in price correction, after which short price reversal might be expected? To answer this question, Monday will be a day to watch. In case that correction is over, it could be expected for the price of BNB to return to the previous significant level at $250. However, if correction continues, there is some probability for a support line at $150.
Disclaimer: This article provides exclusive views of the author. It does not in any sense represent a suggestion for trading.
BNB is flirting with Hades!It broke $212 crucial support. Next short-term stop is at $140, but is a weak one.
Unfortunately, the next strong support is way way down to $45.
BNB supply surfaceswaiting for the price to reach the Levels I draw these are the taughest levels I've found in the monthly time frame and it needs time for reacting the price to countertrend
BNB - "SPRING" IS ON THE WAYBlackStrat SELL SIGNAL triggered at Wyckoff Preliminary Support (213,9$)
SHORT BNB BELOW 210$
STOP @ 221,7$ (3.89%) - below EMA 200 (m30)
TP1 @ 194$
TP2 @ 172$ (19.12%)
Risk/Reward Ratio : 4.92
Spring is on the way...
Wo1and, PhD
bnb usd 1 weak scalewhat i see now and what i alarmed about bnb from 1 year ago ..... highly recommend to be aware from this coin till it will reach to the best level shown in the chart to be precious for buying
BNB - FOR AN OPTIMAL SUPPORT (61$)Fibo Channel.
Ones mid channel broken, it is obvious to retrace and complete low volume "pockets", indicated by levels rays.
0.382 channel is a good asking price. If we break it, we might visit a former 2019 ATH (43$).
Anyway, the sister company (Binance US) of global cryptocurrency exchange, is facing a class-action lawsuit from investors for the sale of LUNA and TerraUSD (UST) - source below. This is the main issue that could interfere in growth perspective of the ecosystem !
Source :
cointelegraph.com
Wo1aNd, PhD
