LONGBNBUSDTjust now
I think it has no intention of going down and wants to continue its ascent and as I have specified in the chart, it is possible to go to higher prices.
Let's see what happens
BNBUSDT trade ideas
bnb really needs to reclaim that channelbnb has fallen out of the channel and back tested resistance where the 21 ema is.
there is a lot of air between current price and the lower bollinger band / diagonal trendline
bnb really needs to reclaim that channel for further upside
BNB ANALYSIS🔴 #BNB Analysis : ❓❓
🔮There is a formation of "Bullish Pennant Pattern" in #BNB in daily time frame. We can expect around $685 bullish move if the price perfectly retests the level📈📈
🔰 Current Price: $616
🎯 Target Price: $685++
⚡️What to do ?
👀Keep an eye on #BNB price action. We can trade according to the chart and make some profits. ⚡️⚡️
#BNB #Cryptocurrency #Breakout #DYOR
$BNB #Binance Trading IdeaBNB/USD (Binance) has another chance to break out from this ascending triangle and reach its all-time highs. We're seeing a bounce from the Golden Zone (Demand). After breaking through this resistance zone, it could go all the way to its ATH of $692.6.
Binance Coin (BNB): EMAs Are Holding Price Down!Binance coin is back, but this time in a smaller timeframe.
As we can see on a smaller timeframe, the price has been moving neutrally below both 100 and 200 EMA.
As we broke already, the EMAs price has been testing that same broken zone multiple times yet without any success or failure.
What we need here is to see a good rejection, which would result in further movement towards the lower support zone.
Swallow Team
BNB Holders! FOLLOW ME~!What 's up?! My friends!
This is BNBUSDT chart.
After breaking the GREEN downtrend line, It is currently keeps it.
If it keeps the GREEN downtrend line, It will reach the RED uptrend line.
* It's also worth looking forward to the rise due to the FLAG pattern.
BNBUSDT TriangleBNB is consolidating and gaining strength, positioning itself to either reach new highs or lows. Given today's conditions in the altcoin market, there is a significant possibility for it to establish a renewed support zone around the 500 level.
Binance Coin (BNB): The consolidation of a powerful asset.The BINANCE:BNBUSDT , one of the largest crypto capitalizations, has unquestionably been an extremely strong asset since the start of the year.
We can see that it is currently consolidating in a symmetrical top triangle, a chartist figure favorable to the continuation of an uptrend.
The Magic Bands (PMB) had given a very good sell signal at $630, and we can see that the cloud has remained green despite its correction. A green cloud means an uptrend, so everything seems to be going well for this asset, which has been in this trend for almost 200 days, with a very nice buy at under $230!
Note also that, despite its rise and strength, BNB is no longer in a period of distribution or attention according to Supreme Vision (BSV) .
Binance Coin BNB: Bulls vs. Resistance
BNB confronts the formidable resistance at $594.45, testing the resilience of bullish momentum.
A successful breach might propel BNB towards targets of $622.35 and $655.65.
However, a retreat below $542.50 could signal a corrective move down to $481.25.
BNB Bullish Pennant - Target: $880Bullish pennant on BINANCE:BNBUSDT
Not Financial Advice
Fib retracements are drawn between the ATH and the 2022 low. Some levels are still very well respected. (The pennant's low, matches exactly 0.618 fib)
We are very close to the pennant's convergence, so a breakout should be imminent.
Watch for a breakout of the resistance trendline (solid orange), as the target for a breakout would be a new ATH at around $880.
Expect some resistance in the $690 area, as that was the previous ATH.
✴️ Binance Coin 5X SHORT (230% Profits Potential)Here we have a symmetrical triangle for Binance Coin vs Tether (BNBUSDT).
This pattern for us has a bearish bias due to the fact that related pairs in the same situation are now bearish, take Ethereum as an example. The bearish action we see on the Ethereum chart can easily be duplicated on the Binance Coin chart.
➖ Market conditions can always change though and this is only an assumption based on past price action; anything goes.
➖ Make sure to do your own research before trading.
There is always risk involved.
➖ Leveraged tradings is for experienced traders only.
This is not financial advice.
Full trade-numbers below... ⤵️
____
SHORT BNBUSDT
Leverage: 5X
Buy-in: $620 - $580 | Cp: $584.5
Targets:
1) $540
2) $510
3) $480
4) $425
5) $380
6) $345
7) $315
Stop-loss: Close daily above $650
Potential profits: 230%
Capital allocation: 3%
___
If you enjoy the content or would like to see more trade ideas with "full trade-numbers," make sure to boost and follow... Now!
Namaste.
Binance Coin (BNB): Sideways Movement / Good Sell Momentum?Binance Coin is still trading inside that sideways tunnel, bouncing from one side to another.
We are seeing price approaching yet again in the in the upper zones, where previously we did not have a touch on the lower side of that zone.
We expect to see a downward movement soon from the current zones, so eyes open!
Swallow Team
BNBUSDT 1DBullish pennant on the #BNB daily chart. It has bounced from the pennant support and Ichimoku. Targets are:
$665.8
$714.6
$763.8
BNB 4HInterval Chart ReviewHello everyone, let's look at the 4H BNB to USDT chart, in this situation we can see how the price is moving in a sideways trend channel, staying below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = USD 579.2 at which the price struggles
T2 = $605.9
T3 = $623.6
AND
T4 = $648.3
Now let's move on to the stop-loss in case of further market declines:
SL1 = $570.1
SL2 = $539.4
SL3 = $518.2
AND
SL4 = $491.50
$BNB #Binance Trading IdeaBNB/USD (Binance) is having a tough time breaking above the ascending triangle to reach its all-time highs. After the news event, there was a strong bounce from the Golden Zone, which is a key demand area. However, there’s still a chance it could drop below the trend line and go down to retest the $477 level.
BNB Coin's Journey to Major Resistance After a Parabolic Surge
After experiencing a parabolic increase of 200% over 200 days, BNB coin has now reached a significant resistance zone ranging from $616 to $660.
Current Market Perspective:
Given the current conditions and Bitcoin's behavior, a correction and consolidation period for BNB is highly likely. For those who took positions at $255 following advice from Trade City Pro, now might be a good time to secure profits.
Strategy Insights:
For Holders: I plan to continue holding. However, if BNB closes a weekly candle below $540 and Bitcoin is under $48,000, I will consider selling my BNB holdings.
For Bitcoin's Influence: If Bitcoin stays above $48,000, I will not sell BNB.
Potential Re-Entry: Should the price suddenly pump and exceeds $616, I would consider re-entering the market at that point.
For Potential Buyers:
Entering After Resistance: Those who don't own BNB might consider buying if the price surpasses $617.
Fibonacci Retracement Levels: In case of a correction, the key Fibonacci levels from the last upward wave at 0.5 and 0.618 (between $394 to $430) might offer good entry points. Wait for a reaction or momentum change at these levels before entering.
Additional Observations:
It's intriguing that BNB seems relatively unaffected by broader market conditions, suggesting Binance might be positioning for something unique.
👍 If you find these insights valuable, feel free to like, comment, or share! Follow for more updates: #Tradecitypro #TCP 🚀
🔖 Categories: Market Analysis, Fibonacci Retracement, Strategy and Risk Management
📌 Stay tuned for any unexpected moves in the market, and happy trading!
Binance Coin can correct to support line and then continue riseHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price in a short time rose to the resistance level, which coincided with the seller zone, and soon broke this level. After this, the price rose to 627 points and then made a strong impulse down to 508 points, thereby breaking 600 and 547 levels. After this, BNB started to trades inside a symmetrical triangle pattern, where soon it broke the support level, which coincided with the buyer zone and continued to move up to the resistance level again. When the price reached this level, it entered to seller zone and even later rose to the resistance line of the triangle, but after which BNB turned around and declined back to the support level, breaking the 600 level one more time. After this, the price rebounded from the support level and in a short time rose to the resistance level, and some time traded near, after which bounced and declined to the support line of the triangle. Also recently, Binance Coin started to move, so, in my opinion, BNB can correct to the support line again and then continue to move up, therefore I set my target at the 590 points, which is located close to the resistance level. Please share this idea with your friends and click Boost 🚀
Lingrid | BNBUSDT LONG afre fake Trendline BREAKOUTBINANCE:BNBUSDT remains in a consolidation phase, as evident from the daily timeframe. The price has been oscillating between 515 and 615 levels, testing the upward trendline that emerged after the recent range breakout. Following the price's rebound after respecting the upper boundary of the downward channel, we've seen a significant daily bearish candle indicating a sell-off. I believe that the market may break through the trendline and move down towards the bottom of the giant consolidation zone. If the market shows a false breakout of the support level, we can look for buying opportunities. My goal is the resistance zone at 597
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
BNB USDTBNB can stabilize around the price of $550 and move towards the target of wave 5.
If you are looking for great profits, join us and try to inform your friends by commenting and publishing this analysis.
BNB Buy setupBNB is consolidating in a bullish triangle looking for a retest of the rising support trend line and
breakout above resistance line.
buy at 550 and 540 levels
target 700 and 1000
stop 530
BNB: 50% shadow📊Analysis by AhmadArz:
🔍Entry: 584.1
🛑Stop Loss: 580.7
🎯Take Profit: 587.8 - 590.6 - 594.3
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
BNB ScenarioHere's my plan for BNB if it breaks this pattern. This triangle is very crucial to be broken to the uptrend. If the price breaks the triangle to the downside you can enter again a trade in a short position.
BNB ScenarioHere's my plan for BNB if it breaks this pattern. This triangle is very crucial to be broken to the uptrend. If the price breaks the triangle to the downside you can enter again a trade in a short position.
