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BNBUSD trade ideas

Binance Coin Price Analysis — March 9Binance Coin (BNB) has shown some promising bullish signs on Wednesday as Bitcoin snaps the $42K barrier. The bullish bias comes after BNB recorded a sustained break above my long-lasting descending trendline last week. However, bulls have struggled to take the daily 50 SMA ever since, keeping the price close to the trendline. That said, today’s bullish momentum in the broader crypto market seems a bit more aggressive than normal, presenting the possibility of a break above the $410 barrier in the near term. Bulls need to close today’s candle above the 50 SMA to sustain the bullish trajectory, prompting a sharp rebound to the $450 top in the coming days. Meanwhile, my resistance levels are $410, $436, and $450, and my support levels are $380, $350, and $340. Total Market Capitalization: $1.84 trillion Binance Coin Market Capitalization: $65.1 billion Binance Coin Dominance: 3.53 % Market Rank: #4
BINANCEUS:BNBUSDLong
by Mr_Wogbe_Alex
BNB UPDATE: WILL IT RALLY ONCE AGAIN???Welcome folks to my new update on BNB. To analyze BNB, I am gonna use a higher time frame (3 days). If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in 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 it or use it to understand the market. Let's get back to the BNB update. The current scenario in a longer timeframe is critical. BNB is at the support right now and in the past, BNB has always respected this supporting trendline. According to the chart and the patterns, BNB should bounce from the current level but if the market is not in the favor of bulls then it is possible that BNB will break down instead of bounce back. It is hard to say whether BNB can easily break down below the supporting trendline which is more than a year old or break out to hit the resistance trendline once again. To be honest, BNB should respect this trendline and must bounce back for a healthy move. What do you think about BNB? Is it worth it to invest in this trade? Share your views. I would love to read them. Like, and follow for more exclusive updates. Thank you.
BINANCE:BNBUSDLong
by Dexter_The_Trader
BNB/USDT Technical Overview ( Bearish Retest )#BNB/USDT TA Update:- Total Overview about This Coin:- $BNB current price is $405 Currently trading at Resistance level. $440 is resistance barrier. If break this level then we can see Upward move. If $BNB break $500 barrier then We can see $1000 also in couple of Weeks. But below $440 , I am bearish for short term. If Rejected from current level resistance then We can see $250-$300 level also. Long Term best Accumulation zone will be $100-$150 ( Not now its can take time but this will be best entry. ) One TL showed Bearish Retest and One TL showed Bullish Retest. So Personally I am bullish only above $440 level otherwise waiting for more Downside move. This is HTF chart. Support levels:- $280/$200 Resistance:- $440-$480 / $668
BINANCE:BNBUSDShort
by CryptoPatel
1
BNB - Top-Down Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow. WEEKLY: Right Chart BNB is overall bullish and now approaching the lower brown trendline so we will be looking for buy setups on lower timeframes. DAILY: Left Chart BNB formed a valid channel in red but it is not ready to go yet. Before we buy, we want the bulls to prove control. Trigger => Waiting for a momentum candle close above the last high in gray to buy. Meanwhile, until the buy is activated, BNB would be overall bearish can still trade lower inside the green support. In this case, we will be looking for new buy setups to form. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:BNBUSDLong
by TheSignalyst
11
BTC Continuation to the upside or drop? - Todays altcoin: BNBYo guys, welcome to the channel Hawkeye Charting. MM left trap signals again and moved price with aggression and speed out of the upper 30k zone. Time to look critically on the major MM cycle in order to understand, which notable zones have to be broken for a continuation to the upside... No BS like bullflags. No Asking: when moon? Always referring to the current state of psychology and what the market maker aims to do next. Pointing out the major trend on Elliott Waves . Peace Disclaimer: No financial advice! All content is for information and entertainment purposes only and only reflects our personal opinions or market steps. Viewers are expressly requested to form their own opinion on the content and the statements as well as, if necessary, to seek professional advice.
FTX:BNBPERP
by Hawkeye-Charting
$24 million worth of BNB tokens burned since the BEP-95 upgrade,BNB’s trading volume saw an increase of 26% in the last 24 hours. 50,000 BNB has been burned since the BEP-95 upgrade. This can lead to an increase in the value of the BNB token. The BNB BNB/USD token is a cryptocurrency intended to be used as a means of trading and paying the fees on the Binance cryptocurrency exchange. It was initially created in July of 2017 and was called Binance Coin, prior to the renaming to simply being known as BNB.
BINANCE:BNBUSD
by contractable
2
$24 million worth of BNB tokens burned since the BEP-95 upgrade,BNB’s trading volume saw an increase of 26% in the last 24 hours. 50,000 BNB has been burned since the BEP-95 upgrade. This can lead to an increase in the value of the BNB token. The BNB BNB/USD token is a cryptocurrency intended to be used as a means of trading and paying the fees on the Binance cryptocurrency exchange. It was initially created in July of 2017 and was called Binance Coin, prior to the renaming to simply being known as BNB.
BINANCE:BNBUSD
by surrebuttingtwo
Binance Coin Prepares For Correction (25% Drop Ahead)Binance Coin (BNBUSD) is heading lower while aiming to hit below $450. The correction already started and we have huge bear volume. The MACD shows plenty of room available for additional drop. The market moves in waves... Up and down, up and down. We had a bullish wave for the major altcoins, now we are looking at a bearish wave. Be ready. It will last a few weeks or a few months at most and then we resume the growth. Namaste.
FTX:BNBUSDShort
by MasterAnanda
3
BINANCE USD (BUSD) IS AT A CRITICAL LEVEL TO NOTE. BUSD all time high has occurred twice leading to formation of a relative M pattern. BUSD retracement is currently at about 40% from the beginning of the BULL RUN that led to the last all time high (ATH). This asset has been retracing, hitting and retesting the FIB levels as displayed on my TA (chart). BUSD is currently sitting at $400, FIB 61.8 level, horizontal TL and they are all my support level (zone). My opinion: 1. Continue bullish run to $440 zone 2. Break the current Support zone and run down to my target buy zone @ $360 - $340. This my target is also at the beginning of the neck of the M-pattern. I will wait to add more to my portfolio at around my option 2. KINDLY SUPPORT ME WITH YOUR LIKES, COMMENTS AND FOLLOW.
BINANCE:BNBUSDShort
by ForexClinik