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.
BNBUSDT trade ideas
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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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
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 $BNB chart#binance coin #bnb price is about to form a bullish divergence in lower time frame.
BNB ABCBNB coin can be bullish.
This is an analysis of price pattern reading and may be wrong.
If this coin is bullish, so are other coins.
I have been given various fall analyzes last month in June. and it has brought me the truth but minimally. they have fallen, but not the initial assumption (not yet or never). I take into account that I may not have 100% truth and try to accept different theories.
This analysis is just theory today but if it reaches BS. and its bs price pattern and volume is right then we may see 1000$ at the end of this year.
I have seen this kind of correction before and it was bullish. extra bullish
Binance Coin's Real Price Now $300 USD (Deciphering The Signals)What would you do if you were able to predict the future?
Would you share your knowledge with others or would you keep it to yourself?
If you knew ahead of time the exact price at which Binance Coin (or Bitcoin) would trade in the coming weeks, would you share this information with others or would you keep it to yourself?
I am definitely sharing... I am 100% positive, certain, that Binance Coin, Bitcoin, Ethereum, and the rest of the Cryptocurrency market is set to crash.
Before we reach the $300USD target for BNBUSDT, there is a medium level in-between but we are not going to be paying any attention to that. It seems the bearish impulse will have maximum force. The whales are set to take profits and since people are highly complacent, there is no need to play around so straight down, fast down and down we go.
Binance Coin Technical Analysis
Trading volume makes everything clear. The biggest bar came in April 2024 and closed red. This signals that the bears are now watching the chart. Trading volume decreases after this day but always leaning toward the bears.
The main signal is the failed bullish breakout.
We had a strong uptrend that ended mid-March 2024. After some months of consolidation there was an attempt to produce higher prices but a negation quickly followed. This event was not the resumption of the bullish wave that met dismal end, no; instead, this was a clear bull-trap. This move was produced by professional traders as a bull-trap... And many bulls got trapped. Lots of liquidations as well.
While this move produced its intended purpose, the downside is that it reveals clearly that the uptrend is over. Now we know for a fact that a crash follows next. This crash will lead to a price tag of $300 USD per BNB, knowing this, how will you proceed?
Use this information to win.
Namaste.
BNB Scalp ShortBnb is following BTC and falling, currently hovering around 0.618,
I think it will fall to around 581-580, there are a lot of warrants,
and if price leave the tunnel pattern, it will fall down
BNB ANALYSIS🚀#BNB Analysis :
🔮As we can see in the chart of #BNB that there is a formation of Descending Channel Pattern. #BNB is consolidating in a descending channel.... currently waiting for breakout the pattern. It is trading above its major support zone and there maybe a small retest towards support zone and after that we will see a bullish move📈📈
🔰Current Price: $589.2
🎯 Target Price: $602.8
⚡️What to do ?
👀Keep an eye on #BNB price action. We can trade according to the chart and make some profits⚡️⚡️
#BNB #Cryptocurrency #TechnicalAnalysis #DYOR
Binance Coin (BNB): Looking For Rejection of ResistanceBinance Coin is looking pushy after that fakeout near 200EMA. As of now, the price is trading still below the major resistance zone in a 4-hour timeframe, where we do not see any signs of a breakout (of a fakeout).
But what caught our attention is the price being stuck between the 100 EMA and the resistance zone, where the price is under huge pressure from both buyers and sellers.
We are looking more into that 100EMA to be broken so keep an eye on that zone there. If we see a break, we will see another movement to 200EMA; if not, a possible breakout can still happen!
Swallow Team
BNBUSDT BINANCE 1W-TIMEFRAME ANALYSIS💥BNBUSDT BINANCE 1W-TIMEFRAME ANALYSIS
💗Hello ladies and gentlemen
This is my new idea for 💥BNB BINANCE
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