BNBUSDT in a huge cup and handle patternSee for yourself. This is a cup and handle pattern.
I don't see the top here, but I expect 2x from here.
DYOR and NFA
BNBUSDT.3S trade ideas
long BNBmany people are busy with btc and eth specailly this cycle bnb has bout run eth already. and ethbtc pair going up there is huge potential for bnb to pump another 300% this cycle.
we now clearly above the resistance and market looks sloppy but ca not even close below resitance for single day.
higher higher low on daily
monthly closing above resitance is coming.
higher chance bnb flip eth with cz coming back from jail and and elon is bff with cz as he invested money when elon bought the twitter
and donaly is bff with elon.
time will tell this is just the story and technical linig up with interest rate coming down.
BNB Pennant PatternBNB create Pennant Pattern with perfect 5 wave
Stop loss at previous low, Tp at target pole
SL: 645
TP: 691
BNB AT MONTHLY RESISTACE!! BREAKOUT COULD BE MASSIVE!!Technical Analysis: #Binance (monthly update):
BNB looks too bullish in monthly time frame.
Everything explains in chart above.
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bnb to the moooon !i think that #bnb is the the king of this jungle ! most people think that btc is but i dont think like that because the market prices are based on binance and the coin of it is bnb ! anyway it has a really good pattern and i think 800$ is not a dream for bnb !
Binance Coin BNB Skyrexio Overview: Bull Market Is Almost OverHello, Skyrexians!
BINANCE:BNBUSDT is one of the strongest crypto assets on this bull run. Stronger even than Solana! It has printed the ATH with the Bitcoin while most of the crypto set the new bear market bottom. This early growth has the consequences, while most of crypto has just started their way to big gains, Binance Coin has the very restricted potential for further growth.
Let's take a look at the weekly time frame. Bull market has started suddenly with two green dots on Bullish/Bearish Reversal Bar Indicator which were very strong long signals. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView. After that we have seen the impulsive wave to the upside.
Almost at the top indicator has printed red dot, first bearish sign of weakness. But don't worry, according to Elliott Waves theory this is just wave 3 top. After that we have seen the wave 4 correction to 0.61 Fibonacci retracement exactly! Now BNB is printing wave 5 which has the target area between $725 and $900. There we expect another red dot to make a decision that bull market is likely over.
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Skyrexio Team
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BNB thesis with RAG AI by Titan_KarmaBased on the current market conditions for BNB, the analysis indicates a favorable environment for entering a LONG position. The bullish sentiment is supported by strong trading volume and positive technical indicators, including an RSI above 60 and a favorable long-short ratio. The recent news surrounding Binance's legal challenges should be monitored closely, as it could impact market perception and BNB's price. Given the absence of open positions, this is an opportune moment to consider entering a LONG position, particularly if the price remains above key support levels.
##TRADE RECOMMENDATION
{
"OUTCOME": "OPEN_LONG",
"STOP_LOSS": "$643.51",
"TAKE_PROFIT": "$661.66",
"CONFIDENCE_LEVEL": "80%",
"EXIT_POINT": "$661.66",
"ENTRY_CRITERIA": {
"TIMEFRAME": "1h",
"RSI": "above 60",
"MACD": "above 0, 1h",
"ATR": "0.000298, 1h"
BNBUSDT - Long*BNBUSDT CMP - $650 / Positional Trade*
*Buy Range 645 - 655 ONLY / Stop Loss $470 in weekly candle closing*
*Target 1 - $750*
*Target 2 - $800*
*Target 3 - $850 / $900 / $950 / $1000+*
Disclaimer: This is my view and for educational purpose only.
BNB/USDT CHART ANALIYSIS !!The BNB/USDT daily chart indicates a potential bullish breakout scenario, as the price consolidates within a symmetrical triangle.
The price is approaching the top of the triangle, indicating a potential breakout soon.
The current support zone lies around $600, which is aligned with the lower trendline of the triangle.
The immediate resistance lies at $645, which is near the upper boundary of the triangle.
A breakout above $645 could target the higher levels of $700-$750.
BNB is trading above the cloud, which indicates bullish momentum.
The cloud acts as a dynamic support around $580-$600.
Strong support exists at $600, reinforced by the horizontal zone and the lower triangle boundary.
A breakdown below $580 could invalidate the bullish setup, with potential support lying at $540.
An upward breakout could see BNB target $780 and beyond.
A downward move could revisit the $540-$550 range.
Watch out for a confirmed breakout above $645 for a long position.
Watch out for a breakout below $580, which could turn the momentum bearish.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
BNB testing it ATHBNB has consolidated for over a period of time. It has seen off as well. The market is open for another new ATH. It has tested several times looking for a breakout soon with a solid buy candle.
Crazy BNB Forecast!! - $72,000 - PSYCHO MODE - on weekly chart, we see a large bullish triangle. Breakout range of this triangle is around USD 72,000 per piece.
Forecast seems crazy, but assuming an optimistic scenario for cryptocurrency market and BTC rate, which will break level of $100,000 for good, it may trigger a psycho mode on stock exchanges and mass logging in of new users.
Binance is largest cryptocurrency exchange - it has its BNB token, which has a unique tokenomics and is constantly mined.
Additionally, it significantly reduces exchange fees.
Cryptocurrency market is crazy and this scenario can be related too.
Good Luck :)
$BNB (BINANCE) Wave Just Starting – Targeting $1100!I posted about BINANCE:CAKEUSDT yesterday because I see greater potential gains in the near term. However, I can't ignore the big player, $BNB. If you're bullish on NASDAQ:CAKE , you must also be bullish on $BNB. The same logic applies to KUCOIN:CATUSDT as well.
I’m targeting an entry as close to $650 as possible. If CRYPTOCAP:BNB drops toward $600 (which I highly doubt), that would be my optimal entry point.
This is a position play, so I’ll be holding for the longer term, aiming for $1100 as my target.
BNBUSDT.1DThe daily chart of BNB/USDT highlights a critical juncture as the price navigates through key technical levels and patterns. This analysis will focus on recent price trends, key resistance and support zones, and the interpretation of major indicators.
Price Action and Structure:
BNB/USDT has been trading within a rising channel, displaying an upward trajectory. The recent peak at $721.80 marks the highest point before the price encountered resistance and slightly retraced to its current position at $641.51.
Resistance and Support Levels:
Resistance Levels: Immediate resistance is identified at $721.54 (R2), just above the recent high. If the price can surpass this level, it may explore new highs. The next critical resistance would then be the psychological barrier around the $750 mark.
Support Levels: The key support is currently near $611.37 (S1), which aligns with the lower boundary of the rising channel. A further support level is at $527.41 (S3), serving as a stronger baseline should the price break below S1.
Moving Averages:
The price movement above the dynamic support line (green ascending line) indicates that the overall market sentiment is bullish. This trend line acts as a potential rebound point for price pullbacks.
Technical Indicators:
MACD: The MACD exhibits a bullish signal with the MACD line above the signal line and the histogram in positive territory. However, a convergence towards the signal line may suggest a slowdown in momentum or a potential reversal if it crosses below.
RSI: The Relative Strength Index is at 57.87, indicating a neutral momentum. This level suggests that there is neither overbought nor oversold pressure, providing room for the price to move in either direction.
Conclusion:
BNB/USDT's current market setup on the daily chart suggests a cautiously bullish outlook with potential for further gains if it maintains its position above the rising channel’s support line. Traders should watch for the behavior around $611.37 (S1) and $721.54 (R2) to gauge the next likely movement. A sustained break above $721.54 could lead to new highs, whereas a fall below $611.37 might indicate a deeper correction towards $527.41. This analysis recommends maintaining stop losses near $611.37 to manage risks effectively, with a keen eye on MACD and RSI for early signs of trend reversal or continuation.
BNBBNB Coin: My friends who missed the explosive rise of Bitcoin, Ripple, and Chainlink, which we posted earlier on the page, the market still has strong opportunities for entry right now. For traders, you can enter with a quick target of $670, then $696, then $722 with an entry at $630 and a stop-loss at $609. For investors, the target is $990, with a stop-loss at $590."
BNB - detailed analysisHi, I belive BNB is still in uptrend. The price can grow. We are not going lower then 50MA. BNB created ascending channel for price. My personal target is 700$ very soon and later 800$.
BNB pumping planbnb has 2 vwaps which has made reaction to them in past now there should be a correction in market so it can be a good demand when they be touched also there is an M pattern as a harmonic pattern so the target is 1.62 level of fib extension (800$) better to wait for a good correction
Binance Coin (BNB): Possible Quick Drop!!Binance coin looks about to have a smaller correctional movement here on hourly timeframe.
What we want to see here is a possible 2 red candles to follow each other, which would most likely result in a re-test of 200EMA and fill that CME gap.
The key thing here is to wait for candles to form!
Swallow Team
BNB SWING LONG IDEA - ALTCOIN SEASON - BNB CHAINBNB is one of the most stable coins in the crypto market. With Binance officially backing it, BNB is relatively safer compared to other altcoins.
Technical Analysis: The price hit and wicked into the monthly demand zone during the August 5th dump, showing a strong rejection and initiating an upward trend. This move established a weekly demand zone by breaking the weekly structure, and as it did so, it created a daily demand zone, which is a significant area for me.
Currently, the price is back into the daily demand and has reached the optimal trade entry zone according to the Fibonacci levels. I anticipate an upward movement from here in the coming days.
Targets: The initial target is $613-$619, with potential to reach the all-time high at $722.
Note: Watch out for the U.S. Presidential Election, as it may cause volatility with long wicks that could stop out positions.
Keeping an eye on #BNB/USDT Diagonal Trendline in 1-Hour TF!Keeping an eye on #BNB/USDT Diagonal Trendline in 1-Hour TF!
Wait for trendline breakdown/retest to short the $BNB. The local resistance level is PWH $668.35 and the support level is PMH $612.77.
