BNB analysisIt is about reading the price pattern and the result of the indicators
I will only share with you what the result of the analysis shows.
This could be wrong. MD
BNBUSDT.P trade ideas
WAIT FOR PULLBACK AND BUY AROUND $519BNB is showing bullish momentum, and I remain optimistic about its upward potential. However, I recommend waiting for a pullback to the $519 level before entering a buy position.
This level represents a key area of support, where the price is likely to find stability before resuming its upward trajectory.
For this trade setup, my target profit zone is around $541, with a stop loss set at $512 to manage risk effectively.
If the bullish trend continues, BNB could reach $560 shortly, offering a solid gain opportunity.
Traders should closely monitor price action and confirm signals before executing the trade.
Long term SELL with a Short term Buy(counter trend) to that zonemonthly Bias has been confirmed as a sell ,weekly bias still on a buy bias but with daily still at sell bias ,we could have price rally to the upside as noted and see it drop as stated out.
Binance Coin (BNB): Possible Further Movement To Lower ZonesBinance Coin is back testing the 200EMA, where sellers are looking to take full control of that zone.
We are looking for further movement to lower zones here and possibly a sharp rejection, which would fully secure the current zone!
Swallow Team
Binance Coin Complete Meltdown Will Lead To Lower PricesMy dear friends, numbers don't lie; neither the charts can lie.
➖ This monthly candle has a very long lower wick, and this right at the start of the month. This major wick is only the start of a much broader decline in Binance Coin's price. This is the "removal of support."
➖ The last three monthly candles/sessions, the triangular pattern and the market cycle truly reveals that is coming next.
What one does; the rest tends to follow.
👉 This chart is clear and depicts without a shadow of doubt what is already happening; a major crash. Just as BNB crashes, so will all the other crypto giants crash. The smaller altcoins are already trading near support or at all-time lows. The giants are next.
Bitcoin is sure to join the chorus.
The whales are taking profits and they have all the exchanges loaded with crypto ready to sell.
Prepare accordingly.
Act now!
Thank you for reading.
Namaste.
BNBUSDT the FIBO & TA gave us 2 scenariosThe current price BNBUSDT=530$
Regarding the FIBO & TA we gonna to dive in to 2 scenarios:
1. Bullish. If the chart will crossing UP the bearish channel (red bold line) close to the green circle (bullish target) - we are waiting the price around the 3.3 wave=624$.
2. Bearish. If the chart will crossing DOWN the bullish channel (green bold line) close to the red circle (bearish target) - we are waiting the price drop down to the wave 3.2=465$.
Opinion:
Long target:
buy 570-560$ - TP 620-630$
Short target:
sell 500-490$ - TP 480-465$
BINANCE:BNBUSDT
BNB, Silence is deafening.. low key preppin BIG MOVES at bottom.BNB has somewhat been abandoned in terms of price growth in comparison with its big coin peers alongside other alts. It has stayed at the bottom range for quite sometime. A low key reversal maybe on queue that will be missed by majority.
On our weekly data, BNB has tripled bounced on a solid order block at 220-240 range. This has been visited many times and it keeps bouncing off it for the past 12 months. This range is firm -- and a huge bounce maybe warranted after a few tries already.
Increasing volume has been spotted this past few days with numbers surging +20% from its average numbers.
The coin is currently sitting just above 78.6 FIB LEVEL -- a bargain that can't be missed.
Histogram higher lows is being registered conveying of that a long term trend shift is about to materialize. A bubble up volume (bottom indicator) has finally appeared after 3 months -- since April 2023.
If you missed the LTC, ETH, BTC bull train, BNB is kind enough to give you a chance.
Spotted at 245
TAYOR.
Safeguard capital always.
BNB will repeat XRP drama with SECBINANCE:BNBUSDT
This is a chart of BNB
Green box its a monthly gap, By weekly fib we have to came in to -0.27 zone (and 50% between 0.18 and 0.27 its exactly the size what BNB can drop) why? Just if we repeat same story what we already saw between XRP and SEC in 2020.
It's just mind blowing if the history repeat!
Here is how it playing out last time with XRP
After SEC files Xrp drop around 66% down and in 113 days reach new ath and over 1000%
Honestly I dont think we will see new ATH for Bnb this year in September but everything possible
Just compare 2 charts What do you think about it?
BNBUSDT BNB looking bullish for a long term buy. Strong rejection on a support and now price is headed for 560.45. A possible breakout should also make a double bottom formation strengthening the long term buy.
BNB crash this weekend to $461Just entered #bnb short.
I believe the market might be ready to continue back down to make new lows over the weekend.
Weekly and daily was already bearish, then we corrected on the daily. Today the market shifted back bearish on the 1hr after rejection prior daily/weekly support key levels. which is early sign of reversal if it's that we gonna make new lows.
Also in my opinion since there won't be no etf buy volume to support bitcoin price if we get major selling on bitcoin we might have another landslide this weekend and alts like bnb will correlate similar to last weekend..
BNB played out RANGE setup+3R trade took today, wasn't time to publish it, but stay tuned, those setups appear so often.
BNB: Time for price directionBNB: Time for price direction
Time for price direction.
BNB is accumulating inside a bullish triangle pattern however considering that the market is not stable it can move in both ways.
The breakout from the pattern will also show the trading direction now.
A move above above 497.50 will push BNB further to 520 and 542 targets.
A move above below the triangle will push BNB further to 454 and 420 targets
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Lingrid | BNBUSDT fake BREAKOUT of the SUPPORT levelAs the entire cryptocurrency market plunged, BINANCE:BNBUSDT also experienced a significant nosedive, breaking below the previous month's low. However, the market quickly rebounded, taking liquidity below the key level at 450. On the daily timeframe, a large long-tailed bar formed, indicating a rejection of lower prices at this support level. Additionally, the market has tested the 61.8% Fibonacci retracement level of the bullish move that was formed between October 2023 and June 2024. Overall, I believe that the recent price drop was nothing more than a healthy correction. My target is resistance zone at 550
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
BNB. 493. LONGThe token recovers well, there are no deep pullbacks when moving up. Going for a level retest. Good accumulation. After the key level there is free space.
Shorting BNB to $475-463BNB is at key level where we could potentially get a reversal to the down side.
Weekly, daily, 4hr and 1hr are currently bearish.
Partial/close at $475
Full close at $463
So given trade plays out I'll try to hold until $463 but if I see price reacting to $475 I'll at least take partial
Broading wedgeAs the chart shows
the price is stuck in the zone.
If it breaks the upper line
the price will go up, but if it breaks the lower line, the price will go down.
Binance Coin (BNB): Re-Testing The Major ResistanceBinance Coin is back at a major resistance zone after having a fake break near 200 EMA.
As we are back at the major resistance zone that last time we did not manage to break, we are looking yet for another rejection to happen from here.
So we are waiting for any bigger signs of weakness near that zone or even another fake break like we had on July 4–9.
Swallow Team
Binance Coin (BNB): More Room For Fall / Get Ready!Binance coin has broken the long trend holders 100 and 200EMA (where 200EMA was a deal breaker).
As we broke the long trend, we switched the trend here, and now we are looking to reclaim all those lower zones here and FVGs that have been left behind.
Some points of interest for us have been displayed so keep an eye on them!
Swallow Team
BNB roadmap (1D Time Frame)From where we placed the red arrow on the chart, the correction of BNB has started.
This correction looks like a large triangle whose wave D has recently ended.
The green area is where wave E can end and price can enter post-triangle movements.
Closing a weekly candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BNB - Potential rebound expected after correction#BNB/USDT #Analysis
Description
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+ BNB currently trading around 510 with the next target around 455 range support.
+ If the support holds then we can expect to bounce back from the 455 zone, with the next resistance is around 575
+ Wait for the correction before entering, you can put a limit order around 460
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VectorAlgo Trade Details
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Entry Price: 460-500
Stop Loss: 410
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Target 1: 550
Target 2: 595
Target 3: 670
Target 4: 750
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Timeframe:3D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
WILL BNB MAKE IT TO $540?If no strong fundamental comes be, I will be looking at ridding BNB to $500.
However, there is a possibility of a reversal to $540 before the ride to $500.
I am bearish for now.
What is your view on this asset?
A minor bullish divergence in $BNB chart#binance coin #bnb price is about to form a bullish divergence in lower time frame.
