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BNBBULLUSD trade ideas

Binance Coin Price Analysis — December 6After maintaining a steady ascent along the ten-week-long ascending trendline, Binance Coin (BNB) suffered its first sustained break below this line on December 4 amid a marketwide crash. That said, BNB appears to have regained stability at the $540 support as the bearish momentum resumed on Monday. Along with most of the crypto market, the third-largest cryptocurrency could suffer a bearish continuation to its flash crash low at $495 over the coming days. However, this bias will get invalidated once the price resurfaces above the trendline again, a 10% bullish move. Meanwhile, my resistance levels are $560, $580, and $600, and my support levels are $540, $520, and $500. Total Market Capitalization: $2.22 trillion Binance Coin Market Capitalization: $92.4 billion Binance Coin Dominance: 4.15% Market Rank: #3
BINANCEUS:BNBUSD
by Mr_Wogbe_Alex
☑️BNBUSD: short-term SELL➡️ At the time of writing, the trading idea, the BNBUSD cryptocurrency is trading at 552.3$ . The coin is more under the control of the sellers, and therefore a SELL deal is expected. The SELL deal will be short-term with moderate targets. The search area for the Sell Entry Point is indicated on the chart, as well as maximum real trade parameters. There is a resistance line at the prospective Entry Point, that also hints at selling. Around the support level of 515$ , where the target of a SELL trade is located a little higher, one can expect a reaction from buyers and some kind of price recovery. 🔔 Proposed deal for this tool 🔔: 🔴Entry Point - 577.5 ⛔️Stop Loss - 604.5 ✅Take Profit - 523.6 Thanks for your comments and likes 👍 👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
BINANCE:BNBUSDShort
by TradePlus-Fx
5
BNB Elliott Waves suggest a price of $1250 in May '22My current wave count for BNB. Please comment below with your thoughts on BNB and my analysis in this graph. White waves are from the weekly chart Orange minute waves on Daily I start my wave counts on the weekly chart first, then I move to the daily chart to verify my count with minute waves within each weekly wave. I originally counted BNB to be beginning wave 5 on the weekly, but that count was soon invalidated on the daily chart. So I started over on the weekly and found us in the middle of impulse wave 3. By my count, we're also in wave 3 on the daily timeframe, which suggests much more upward movement to come. And based on Fib. levels from the orange daily wave count, you can see the 1.618 level (measured from the bottom of wave 1 to top of wave 3) marking a target of $1250 as the top of the current impulse wave. Note the confluence on the MACD and RSI, as well, which have each maintained an uptrend parallel to price action since the local low back in May. Anybody else see it this way? Would love to hear your opinion on my count or the BNB chart, in general. Not financial advice. I'm not a Financial Advisor.
BINANCEUS:BNBUSDLong
by cbury10
1