BNB - New high on the horizon?The Elliott Wave count, coupled to the oscillators suggests we're finishing (finished?) a wave (iv), meaning, we're again going for a new high before a more consequent correction follows.
BNBUSDT trade ideas
BNB : NEW ATH !! What's NEXT FOR BNB ??BINANCE:BNBUSDT
Binance coin / BNB has recently made a new ATH 💥🚀 And the price doesn't seem to be ready to turn around just yet. How can we gauge the next possible targets AND retracements for BNB SHORT TERM?
1) Bollinger Bands
Bollinger Band Strategy is excellent to use on lower timeframes, especially when combined with Fibonacci zones. The yellow dot basis (20d Moving Averages) is a common zone to watch for retracements, as well as bounces. As long as the price is bullish, the basis will hold and act as support. The Fib lines up until the basis can be watches for bounce zones:
Notice that periods of contractions is followed by expansion - watch the upper red and purple lines for near term targets (price labels on the right).
2) Fibonacci
Trend based Fibonacci can be helpful to identify key zones that could likely act as resistance, for example:
If we can't close ABOVE the 2.618, we stand a risk to form a nasty M-Pattern, which could indicate the end of the bullish cycle.
3) Moving Averages
The price often corrects towards the moving averages in the daily timeframe. This could be a potential re-entry zone for a swing trade (not accumulation as the price is at the peak of the bullish cycle). Understand that you risk is HIGH if you're looking to buy here. If we lose the 50d (green trendline) that could mean the bullish cycle is coming to an end. You can see the bounce is slightly smaller every time it touches, indicating the end is potentially near:
____________________________
The last bullish chance of BNB in Mid term !Hi.
BINANCE:BNBUSD
the BNB is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
#BNB hits new all-time high📊#BNB hits new all-time high💥
🧠From a structural perspective, we successfully broke through the neckline and hit a new all-time high. This means that higher space has been opened at the monthly level, and the ideal target area can be seen at 1379-1804. Therefore, the BNB we hold in the buy zone below can choose to continue to hold it. 💪
➡️From the weekly level, we have continued the bullish trend according to the double bottom bullish structure. Currently, the ideal target area of this structure has been achieved, so there is an expectation of a callback in the mid-term. If your entry point is not ideal, you can choose It makes sense to lock in major profits or close positions. ✔️
🔥New participation opportunities can focus on the main support area 495-536🔥
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BINANCE:BNBUSDT
BNB : AND now 2 ? Hello there,
New BNB IDEA.
1- A long down trend is broken (green line) (775 days)
I think BNB will decrease for retest this line after, so look this line if crypto market drop.
2- The Mid term Target is now 0.5 and 0.618 FIB. (426 and 485$)
3- The first long term target is 1000-1100 Dollars with 1.618 FIB
4- Very good new for BNB if MA YELLOW in 3D is pass
5- If BTC drop a lot, is possible BNB return in the triangle. Major support is 210-200 dollars.
NB: If you have follow my last idea on BNB, you can keep 75% of the position for long term with a SL a the entry.
BNB Bulls Eye Breakout: Will Binance Coin (BNB) Surge Past $660?Binance Coin (BNB) has emerged as a standout performer, showcasing significant price movements over the past few years. From its early days at around $50 in November 2020 , BNB has experienced dramatic highs, bringing significant opportunities for investors.
BNB's journey has been nothing short of remarkable. After climbing to an impressive $696 peak in May 2021 , the subsequent bearish market took its toll, driving the price down to a low of $200 in June 2022 . The coin then faced a resistance level of $340 , appearing as a double top pattern before retracing back to the yearly support of $200 by October 2023.
However, the tide turned in favor of BNB as the broader crypto market regained momentum. The resurgence propelled BNB to new heights, surging to an all-time high of $640 . Currently, BNB has found solid support at the $500 level, a critical juncture that could pave the way for further upward movement.
I am closely monitoring BNB's recent price action, particularly as it hovers around the $590 resistance zone . A breakout above this level could set the stage for a significant rally towards the next resistance point at $620 . If BNB manages to breach this barrier, experts anticipate a clear path towards surpassing its previous all-time high to a new price $700 and potentially even higher.
Looking at the weekly timeframe chart, the $500 support level holds key significance. Should this level remain intact, market sentiment suggests a bullish breakout scenario, targeting ambitious price goals beyond the current resistance.
Investors and traders are advised to keep a close watch on BNB's performance in the coming days, as market dynamics continue to shift rapidly. With the broader crypto market showing signs of upward momentum, Binance Coin stands poised for a potential breakout, setting the stage for an exciting period of price discovery and market activity.
As always, it's crucial for participants in the crypto space to exercise caution and conduct thorough research before making investment decisions. The inherent volatility of cryptocurrencies underscores the importance of staying informed and adapting to evolving market conditions.
BNB UP to 830 or 850 rangeSymmetrical Triangle pattern clear on one day chart BNB, rising to 830 USD or 850 USD
BNB 1000$ soon ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
BNB - Ranges overview BNB is currently breaking its highs and making new highs. Let's see how we play from here.
Plan is simple and straightforward as always. Follow the market and the ranges.
IF we fail to hold above 670$ and close back within the range (clean candle close) expect us to hunt the sellside liquidity resting around 540$ and 520$
IF we hold the current highs expect us to continue higher
PLAN...BE PATIENT and EXECUTE
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
BNB forming resistanceGreetings! there is a resistance forming between 704 and the highest value registered this week. In case of consolidation, this levels could trigger a retracement to the lower levels depicted in red. There is an interesting range formed from 637 to 622 in which buy limit orders could be placed in case that the price gets a rejection here. This forecast gets invalidated if the price breaks the current HH. Also the accumulation range depicted here from 620 to 598 is going to be useful later in case that the price breaks down below 632.
BNB is waiting for breaking upward upward break is more probable than other scenarios ,so waiting for this break for going toward its tp's .
this analysis is based on fibo level and price action and ichimikou indication .
please share your comments if you like
BNB Bulls Charge Ahead: Uptrend Signals and Price OptimismBinance Coin (BNB), the native token of the Binance ecosystem, is currently displaying bullish signals across technical charts. This positive trend suggests a potential continuation of price growth shortly.
Cruising Above the 100-Day SMA:
One key indicator of BNB's bullish momentum is its position above the 100-day Simple Moving Average (SMA) on the 4-hour timeframe. The SMA represents the average price of an asset over a specific period, and the 100-day SMA acts as a line of support, indicating the overall trend direction. With BNB trading consistently above this level, it suggests a sustained uptrend and buyer dominance in the market.
Breaking Out of Consolidation:
Further bolstering the bullish case is BNB's recent breakout from a consolidation zone. Consolidation periods typically occur after significant price movements, and a breakout from this zone signifies a potential resumption of the previous trend. In BNB's case, the breakout suggests a continuation of the upward trajectory, potentially leading to new highs.
Rising Momentum on the 4-Hour Chart:
The 4-hour chart provides valuable insight into short-term price movements. In BNB's case, the 4-hour chart reveals strong rising momentum, characterized by a series of higher highs and higher lows. This momentum indicates that buyers are actively pushing the price upwards, further strengthening the bullish outlook.
Surpassing the $700 Threshold:
A significant psychological milestone for BNB was its recent climb above the $700 mark. This price point can act as a level of resistance, where sellers may attempt to cap further gains. However, BNB successfully breaching this resistance suggests a robust market recovery and increased investor confidence.
Investor Optimism on the Rise:
The technical indicators and price movements all point towards a growing sense of optimism among investors and traders. The positive momentum surrounding BNB is likely fueled by several factors, including:
• Binance's strong brand reputation: Binance is one of the largest and most respected cryptocurrency exchanges globally. Its success can contribute to increased demand for BNB.
• Expanding utility of BNB: BNB's utility extends beyond simply being a trading token. It can be used for various purposes within the Binance ecosystem, such as paying fees, participating in token sales (IEOs), and obtaining discounts on trading fees. This growing utility can drive demand for BNB.
• Overall market recovery: The broader cryptocurrency market has shown signs of recovery in recent weeks. Positive sentiment in the overall market can have a spillover effect on individual tokens like BNB.
What to Watch Out For:
While the current outlook for BNB is positive, there are always potential risks to consider:
• Market Volatility: The cryptocurrency market remains inherently volatile. Sudden shifts in sentiment or broader economic factors can lead to sharp price corrections.
• Regulatory landscape: Regulatory uncertainty surrounding cryptocurrencies can dampen investor enthusiasm and impact prices.
• Technical corrections: Even within an uptrend, there can be periods of price consolidation or pullbacks. These corrections are healthy for the market but can be misinterpreted by short-term traders.
Conclusion:
BNB's technical indicators and recent price action paint a bullish picture. Trading above the 100-day SMA, breaking out of consolidation, and surpassing the $700 mark all suggest a potential continuation of the uptrend. Investor optimism surrounding BNB and the broader market recovery further reinforce this positive outlook. However, it is crucial to remain aware of potential risks associated with the volatile cryptocurrency market. By carefully analyzing technical indicators, staying informed about market developments, and implementing sound risk management strategies, investors can potentially capitalize on the opportunities presented by BNB's current bullish momentum.
BNB long term chart to 5 or 10k this cycle or 100k on next BNB has broken out of resistance
BNB in long term log channel
If BNB moves as per last period just after covid Mar 20 until May 21 it projects up to 5k to reach the upper part of the channel.
This is a 10X move which happens in crypto
BNB and Coinbase are major payers in a relatively new market its normal for early established players to capture the lions share of the market.
BNB can earn a lot of money from its dealings in Crypto as a market maker especially if transactions increase as more assets are tokenised and crypto become more mainstream.
BNB can 'square the range' its been trapped in a range - a target for breakout of the range is just to double the range. BNB may step up a couple of times using these range bound limits
BNBUSDT 1W LONG📈Hi all. Timeframe 1 week. BNBUSDT completes triangle formation. At 213.8 there is strong support. Spot recruitment is available now. Also long during breakout/retest. Marked goals/levels on the chart.
Binance Coin (BNB): Bollinger Bands Exploaded / Major ResistanceWe are back with Binance Coin, where we are now looking at a slightly bigger timeframe.
What is catching our attention is still that strong and major resistance zone, (which is currently being tested, but also the Bollinger Bands, which have been exploaded complitely.
Usually, when Bollinger Band is expended like that near Resistance ( + we are in an overbought zone with RSI), there are some major moves to come soon.
There's of room to move for a healthy correction, so keep an eye!
Swallow Team
Alikze → BNB | Upward wave 5 scenario Upward wave 5 scenario Or The end of wave 4 of erosion correction
In the weekly time, the current corrective wave, which is a 4-erosive corrective wave, according to the break of the 250 range, seems to have ended and it can be shifted to the support of the $313 range. Therefore, according to the failure of the current supply area and the dynamic trigger of any correction up to the Fibo area of 1.618 and the range of $313, it can be a pullback to continue the upward path for the specified areas. If the behavior and structure of the post changes, it will be updated.
🟩Sup: 313 ~ 331
⛳️Tp 1:375 ~406
⛳️ Tp2 : 437 ~ 460
⛳️ Tp3 : 608 ~ 615
-----------------
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
BNB 3 months accumulation about to breakout BNB / USDT
BNB showed stability against BTC moves and printed Long accumulation in ascending triangle pattern since last march
A breakout is expected soon !
Incase of successful breakout we can see strong bullish wave
Keep an eye
Long signal for BNB/USDTThis technical analysis is based on the daily chart of BINANCE:BNBUSDT on the Binance exchange. In this analysis, a price channel is drawn, and support and resistance levels are evaluated.
Price Channel Analysis:
The price is currently within a price channel ranging from 556.3 to 676.1 USDT.
The suggested entry point is around 588.5 USDT.
Entry and Exit Points:
Entry: 588.5 USDT
Take Profit: 676.1 USDT
Stop Loss: 556.3 USDT
Conclusion:
This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 2.74, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level.
BNBBNB is looking Bullish is making HH and HL in 1hour. Should be enter as i make the trading plan for it.
bmwIt is always interesting to break out of some patterns.
Like getting out of the blue pattern that had 150% growth.
Two small yellow and green flag patterns are also visible.
The last green pattern is a beautiful pattern and it must be able to cross the red resistance area and ceiling to be completed.
So wait and watch for now
BNB (Y24.P2.Video1).Breakout trade and what nextHi Traders,
Here are my thoughts on this level and what to watch out for in terms with fibonacci levels as well as structure and liquidity.
Please give me a like and share,
Regards,
S.SAri
Lingrid | BNBUSDT Ready for All-Time Highs? The price perfectly fulfilled my last idea. BINANCE:BNBUSDT has been consistently making higher highs on the 4H chart, and the market is currently testing its previous high. This development is significant, as the price has recently broken out of a triangle formation, a trend continuation pattern, and closed above it. The current price action is unfolding right below the previous resistance level on the weekly timeframe. If the price manages to break through this level, it's likely to propel BNB to new all-time highs. Furthermore, the weekly chart reveals an inside bar formation, which indicates that the market was heavily squeezed before the extension, and we're now seeing the price surge towards new extensions. My goal is resistance zone at 650
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
