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BNBUSD trade ideas

BINANCE - Back Down To 200... Yes yes, we know... this is rather a glum view of the market BUT, we'd rather be open to every possibility so that we're not taken by surprise. According to Elliott Wave Theory, it's often the case that if Wave 2 is a simple correction, wave 4 turns out to be a complex correction. This seems to be what we're seeing right now. Wave 2 was a simple ABC correction and now wave 4 appears to be a flat (or maybe a zigzag correction). If we pierce the highs, it's likely it's a flat correction. If we stay below the highs, it may be a zigzag. For confirmation that we're moving towards the 200 mark, we'll be watching for the break of the red trendline to indicate that bears have stepped in. It'll be a no brainer to buy around the 200 mark as we're expecting the next wave to reach above 1k! Goodluck and as always, trade safe!
BINANCE:BNBUSD
by WicktatorFX
3
BNB Price Action Trading- BNB sound dangerous with all the FUDs made by US government. - But Binance is still from far the first exchange in the world by liquidity and trades volumes. - they won't let go BNB so easily. - it's still an easy trade for now if u play it wisely, and with strategy. - No Danger, No Glory. -------------------------------------------------------------- Trading Parts -------------------------------------------------------------- - Buy : 200$ ish - TP1 : Before 350$ - TP2 : Before 650$ -------------------------------------------------------------- - Stop Loss : 170$ ( don't touch anything under 170$ ) -------------------------------------------------------------- - Rebuy a big Dip : 50$ ish -------------------------------------------------------------- Happy Tr4Ding !
BINANCE:BNBUSDLong
by thecryer
2
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
BINANCE:BNBUSDLong
by mehdi47abbasi79
2
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
CRYPTO:BNBUSDLong
by mehdi47abbasi79
4
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. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BNBUSDLong
by InvestingScope
4
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.
CRYPTO:BNBUSDLong
by Z4F4R
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.
BINANCE:BNBUSDShort
by KhaldHegazy
1
Binance Coin - 10.000% RallyHello Traders, welcome to today's analysis of Binance Coin. -------- 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. -------- 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.
CRYPTO:BNBUSD
by basictradingtv
11
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.
BINANCE:BNBUSD
by Coinpedia-Market-Insight
1