BNB - SUPER BULLAdding a tonne more BNB - Still Long from $220.
BNB the bullish out of all Crypto imo.
Small TP shown here.
Much much Higher TP which i will show in my VIP.
BNBPERP trade ideas
BNBUSD ❕ bearish flagGenerally MAs on 1H Timeframe - Bearish sentiment.
BNB is moving in downward channel.
The price is near at the lower boundary of the range.
The fall is happening on increasing volumes of trading.
The price formed a patter bearish flag.
I think that the price will retest the resistance level and fall after fixed under it.
BNB/USDBNB/USD
Sell Zone: 295-255
SL: 335
Target 1: 261
Target 2: 211
RR: 2.10
Fulfill Time: 8-10 Days
BNBUSD Long-term action planThe Binance Coin (BNBUSD) has been consolidating with the 1W MA100 (yellow trend-line) as its Support ever since the May 12 bottom and subsequent rebound. On a 1 year basis this is the ultimate range with the 705.00 Resistance and the 209.00 Support each being tested twice.
There is a strong similarity between this Support rebound and the previous (late May/ early April 2021). As you see, that too consolidated after almost hitting the 0.5 Fibonacci retracement level (this time this level has been hit) with the 1D RSI printing an identical pattern on the exact same levels. That 2021 fractal reached the 0.618 Fib after one last pull-back and consolidation, so maybe we will hit 365.00 within a month's time.
Technically though, we can only justify a long-term bullish reversal if the price breaks above the 1D MA200 (orange trend-line) which has been the Resistance since January 20 2022. On the other hand, if the 209.00 Low breaks, I expect a direct hit on the 1W MA200 (black trend-line) as the ultimate bottom of this Cycle.
--------------------------------------------------------------------------------------------------------
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------
BNB FIB Channels and patterns long term outlookFound this tool and decided to giver it a try. So right now price is inside a triangle and in a downward trend. Will it break the triangle down or the downward trend up and what are the results. I speculated with this Fib channel tool. The orange arrows are the measured moves of the triangles with confluence with the fib tools.
Other tools I used in the past are fib circles and gann fans which gave intresting results.
BNB Fib Channels Revisited Previously the slanted fib tool was used to predict the breakout of a symmetrical triangle in the BNB price action. Price hit the 1.618 of one of the Fib channel as predicted.
Now we will take another stab and predict that price will try to retest the resistance of the downward channel at the 1.272 fib.
BNBUSDT - LONG to 320-325It is a scalp trade idea.
On Friday, we have two influential news about ADP and Initial jobless claim. Until those news will be released, indexes and coins can recover temporarily.
do not let the buble to burst at your hand!hi everyone!
it is the simplest way to explain what will happen...
please visit my previous analysis on BNBUSD to find the targets.
appreciate to all who share ideas as comment.
Binance Coin: $350 continues to be a targetDuring the previous week BNB continued its recovery from the push to the downside two weeks ago. Coin managed to reach its highest weekly level at $337, however, on Thursday`s trading it reverted to the downside and finished the week at levels modestly above the $300 support line. Certainly during the week the coin was supported by Binance Coin`s further expansion to Italy, after France, Bahrain and Dubai. What caused this push to the down side, is still unclear. What charts are currently suggesting is that the $350 resistance line continues to be a target for BNB in the coming period.
RSI is clearly showing that the coin started its reversal to the overbought market after BNB reached a clear oversold market two weeks ago. During the week the indicator reached level of 50 and finished the week modestly below this level. At the same time moving averages of 50 and 200 days are continuing their downtrend as two parallel lines. There is still no indication over a potential cross in the near future.
Technical indicators are clearly showing that there is potential for BNB to test the $350 resistance line in the coming short period of time. Coin is currently testing a $300 support line which will continue to do during the first days of the following week. There is currently decreased probability that this line might be breached to the downside. Only in case of potentially negative market fundamentals, price might revert to the downside, in which case the path toward the $250 support line will be open.
Disclaimer: This article provides exclusive views of the author. It does not in any sense represent a suggestion for trading.
BNB/USD UPDATE: CAN REACH $250.Hey guys, welcome to this BNB update in daily TF.
BNB is possibly going to reach the lower support range ($250) in a daily TF and then bounce back. This could be a good buying range if you are thinking of entering into BNB. There is also a possibility that BNB will rally towards $400 from the current level or slightly below it. But that will happen only if the market takes a bullish turn and as per the current market scenario, the bear is leading.
So, do keep your eyes on BNB and trade safely.
BNBUSD ❕ above liquidity zoneBinance Coin broke down the upward channel.
After that, the price went down to the liquidity zone.
I expect that the price will grow after fixing above the upper boundary of the liquidity zone.
Binance Coin (BNBUSD): Very Bearish Outlook! Here is Why:
Binance coin is trading in a bearish trend this year.
After a sharp bearish move, the market retraced to a solid daily resistance.
Growing steadily within a rising parallel channel on 4H, the price broke its support line
once the underlined zone was reached.
I believe that the coin will keep falling now.
Goals:
297
288
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
#BNB people should be running the four hour - right now for bnb if your a current or past trader---
lets bring up the price of bnb tonight over the next few hours----
hoping I can work things out with cz but somethings need to be changed.
times like this only make the market stronger.
BNB: INDEED A PERFECT BOUNCE.Hello traders and welcome to this BNB update once again.
If you are new to my community then a warm welcome to you on behalf of all my members and professional traders. In this community, I share updates related to the crypto market including margin trading, futures, spot, and scalping. My comments box and DMs are absolutely free for new ideas and suggestions. So, feel free to interact and share your ideas. You can be a professional trader, a noob, or anything, we are all here to learn and I believe that we can help each other.
Alright, then, let's get back to the chart.
BNB broke out, retested, and bounced back successfully. I am expecting a rally towards $400 soon. Meanwhile, BNB may drop a little close to $325 (which will be a good entry position) and gradually rally higher. The support line is at $320 and BNB must hold this level. I am still holding my 50% position on BNB and will accumulate more if it dips.
Trade setup:
Entry: $320 to $326
Stop loss: $300
Target: $360, $380, $400.
Trade safely.
BNB: A PERFECT BOUNCE OR A FAKEOUT???Hello and welcome to this BNB update in 3 hours TF.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
BNB has formed an ascending triangle pattern which usually is a bullish pattern. BNB broke out, retested, and currently bouncing back perfectly from the support level. Is this a bullish confirmation? To some extent, yes, it is a bullish confirmation but considering the dominance and BTC price movement, it is always wise to wait or trade with a close SL. I am already long on BNB at around $305 and I will continue to hold it until it breaks down below the ascending triangle support level which is at my entry-level.
On the other hand, if BNB is bullish then we can expect a rally up to $350 to $400.
What do you think about the current price movement on BNB? Let me know in the comments.
Thank you, guys, for your support.
BNB: BOUNCING BACK FROM THE SUPPORT.Welcome members to this update on BNB/USD
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
BNB is under the falling wedge pattern and it has exactly bounced back from the lower supporting trendline. It is possible that this bounce could lead the price back to the $370 to $380 range.
Here's a strategy I am using.
1st buying range- $300 to $310
SL: $290
Target: $330 to $340 (If the price gets rejected).
2nd buying range- $250 to $270.
SL: $235.
Target: $320 to $340.
Note: This trade setup is on a daily timeframe so do not consider this as a short-term or scalping trade. This trade will be on spot and if you want to use leverage then make sure it is either 2x or 3x.
BNBUSD ❕ price is at the upper boundary of the channelBNB grew stronger than the market.
The RSI is in the overbought zone on the 1H TImeframe.
Binance coin is at the upper boundary of the uptrend channel.
I expect BNB to test the border of the channel, but after fixing under it, the price will reach the lower border of the channel.
TS ❕ BNBPERP: in an uptrendBNBPERP has started to move in an uptrend. I expect the movement to continue.
BUY scenario: long to 354.244.
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Binance Coin: is $350 the next target?Two weeks ago BNB had a challenging week where the price of the coin was pushed strongly to the downside and to the $250 support line. Soon after the oversold market was reached, BNB started its clear reversal path. However, considering the still challenging market environment driven exclusively by fundamentals, the recovery path might not be so swift as BNB usually does. Still, what continues to be positive about BNB is that this coin usually does not follow general correlation with the market, as we have seen again during the previous week.
With the start of a short term reversal, BNB started challenging the $300 resistance line. During the week there has not been enough market strength to push the price to the higher grounds, so the highest level reached was $313. Still, the coin is ending the week with prevailing buying orders, but with relatively lower daily trading volumes. RSI moved from oversold market up to the level of 43, still holding this up move, which indicates that market is within a course of short term reversal, with strong potential that it will continue this move. However, moving averages of 50 and 200 days are taking downtrend, with MA50 moving away from its MA200 counterpart.
Technical indicators are pointing to the potential that BNB might head toward the next resistance line at $350 to test it in the coming period. At this moment it is clearly pointed on the charts. However, in case that fundamental news hits the market during the week, it could be expected that BNB will return back to the level of $300 support.
Disclaimer: This article provides exclusive views of the author. It does not in any sense represent a suggestion for trading.
BNBUSD SETUP IDEAprice might drop down for the last touch before shooting up, but if it creates an opportunity before the last touch then we taking it to the moon
BNB Trade IdeaPrice has broken the last previous low and now we enter short on the pullback to benefit from good risk to reward ratio. The total market cap of crypto is also showing a bearish sentiment which adds confluence and chance of hitting our take profits.
BNB/USD: short positionI see a short position in Binance coin right now in H4 timeframe.
Also, I will keep this trade until $206 USD, that will be my psychology target profit for this cryptocurrency. Also to share in my analysis, I see that MACD indicator make in the bar chart a higher low in the indicator indicating weakness in the market and also, continue the bearish trend.
Depending how the Daily candlestick closed up today, if closed up bearish signal, it's a good potential to short BNB in this timeframe and follow the trend toward $206 USD.
I will replace this rade for Oil price that drop and got some loss in my trade and swing trade, for that, I decide to closed up as I know that Oil will crash to $100 USD.
Good luck!!!
