BNB.USDT - 1WA very strong leading range of BNB is located. We have to wait to see how it will react again
BNBUSDT.P trade ideas
BNBUSDT SHORT - New StrategyI have been working hard on a new Lower time frame Long/Short early momentum strategy. Larger drawdown but much bigger Risk to reward.
Forward testing mode on a live account. Lets see how we shape up compared to the backtest...
(separate account to my HTF long only momentum strategy)
TP1- $600
TP2- Manual Close TBC
New Strategy Log
Trade 1.
BNB powerfulhello friend
After a long suffering, BNB seems to want to start its own movement and according to the events that have happened, we will witness a new era of crypto, so be careful with this currency.
which can reach higher ceilings if it breaks its range.
TradeCityPro | BNB : Approaching Key Resistance Levels👋 Welcome to TradeCityPro!
In this analysis, we will examine the price action of BNB, the native token of Binance, the largest cryptocurrency exchange in the world.
⏳ Weekly Timeframe: Testing All-Time High Resistance
On the weekly chart, BNB has been consolidating in a range between $492 and $660 after a strong bullish leg from the $210 support level to its ATH. Currently, the price is near the top of this range, and the increased trading volume at this level suggests a high likelihood of breaking through the $660 resistance.
✨ A breakout above the 62.26 level on the RSI would make this resistance easier to overcome. If the price successfully breaks above $660, the next targets based on Fibonacci extensions are $1043 and $1644. These levels are highly plausible if the RSI enters the Overbought Zone.
🔽 In case of a pullback, the first support level is the bottom of the box at $492, followed by deeper support at $348. As long as the price remains above $348, the overall trend remains bullish. A break below the 50 RSI level, however, could indicate a loss of bullish momentum.
📅 Daily Timeframe: Parabolic Uptrend
On the daily chart, the price is in a parabolic uptrend, originating from the $469.65 support level. The price has tested this trendline four times and is currently facing resistance at $660.72. Beneath the price, strong support exists at $606.70, where the market has been consolidating for several days.
🔼 If $660 is broken, the first resistance to watch is at $711, which will serve as the initial target for the upward movement.
📉 In the bearish scenario, if the parabolic trendline and the $606.70 support are broken, the first support level to monitor is $538, followed by deeper support at $469, the bottom of the weekly range. Currently, bullish volume exceeds bearish volume, suggesting a higher probability of breaking through $660 unless significant selling pressure enters the market.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Binance Coin (BNB): A Possible Liquidity Hunting Incoming!Binance Coin has been showing some signs of recovery and possible upward movement here but yet we are starting this month with some dominance from sellers. We have 2 possible scenarios here on the coin so now all we can do is wait out for them to be executed!
More in-depth info is in the video—enjoy!
Swallow Team
Is there any hope for investors in BNB?
In the higher time frames (daily, weekly and monthly), if we look closely, the price is suffering in a range that is constantly getting narrower. Of course, in recent weeks (due to the strong upward wave that has existed in the entire market), the tendency of these sufferings has been upward and in general, it can be said that the buyer has acted stronger than the seller.
If we look closely at the 4-hour timeframe, the price range is clearly defined in the past 24 days. Of course, it is slightly inclined upwards.
In general, in terms of probabilities, a strong breakout to the upside (the price can stabilize above $680) can increase the likelihood of a significant growth.
But the significant point that cannot be ignored is why, in a market where all high-potential cryptocurrencies are growing and have broken new resistances, this cryptocurrency has not been able to reject its main resistance so far?? The growth of this cryptocurrency so far (in the upward trend) is not really interesting compared to its good competitors. We can say that this cryptocurrency has been the loser in the upward competition between high-potential currencies so far. This worries me about the future of this symbol.
Conclusion
If I were to make a complete and actionable conclusion, I think that if the price breaks and stabilizes above the drawn area, we can expect a minimum growth of this symbol to the $900-$1000 area. However, based on the fundamental studies I have done and the analysis that exists in the crypto community regarding the foundation and future of this symbol, I do not think it is an ideal symbol for long-term holding and I think there are much better options to choose from.
BNB ANALYSISThe chart indicates an expectation of a short-term downward movement toward the $637 range, where buyers are likely to step in. The $637 to $620 zone is considered low-risk. The target profit is set at the $676 liquidity area; however, further growth beyond this level is anticipated, and the analysis will be updated accordingly.
This analysis is brought to you by the FXonbit Traders Team
BNBUSDT in a huge cup and handle patternSee for yourself. This is a cup and handle pattern.
I don't see the top here, but I expect 2x from here.
DYOR and NFA
long BNBmany people are busy with btc and eth specailly this cycle bnb has bout run eth already. and ethbtc pair going up there is huge potential for bnb to pump another 300% this cycle.
we now clearly above the resistance and market looks sloppy but ca not even close below resitance for single day.
higher higher low on daily
monthly closing above resitance is coming.
higher chance bnb flip eth with cz coming back from jail and and elon is bff with cz as he invested money when elon bought the twitter
and donaly is bff with elon.
time will tell this is just the story and technical linig up with interest rate coming down.
BNB Pennant PatternBNB create Pennant Pattern with perfect 5 wave
Stop loss at previous low, Tp at target pole
SL: 645
TP: 691
BNB AT MONTHLY RESISTACE!! BREAKOUT COULD BE MASSIVE!!Technical Analysis: #Binance (monthly update):
BNB looks too bullish in monthly time frame.
Everything explains in chart above.
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#BNBCOIN #CRYPTO #BULLISHRUN #BINANACE #ALTCOIN #UPTREND
bnb to the moooon !i think that #bnb is the the king of this jungle ! most people think that btc is but i dont think like that because the market prices are based on binance and the coin of it is bnb ! anyway it has a really good pattern and i think 800$ 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.
Best regards,
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 :)
