Start the crypto market with BNB?
BNBUSDT :
If it breaks the range of 630 and the candle closes above it
And the pullback is done, we can expect the specified range to move
But keep in mind that this is the first and short-term target
And if the price breaks our red trend line and crosses it
Then it will move up to the blue trend line.
You can open your position right now
And set your stop below 489
Another stop can be 554.
But keep in mind that the price may hit your stop in this area and move up.
So, if you want to open your position at the same price, the safe zone is 489.
If you want to wait, the price will cross 630 and complete the pullback
Stop point 558 is suitable.
BNBUSDT trade ideas
BNB looks bullishConsidering the HLs on the chart and the bullish mCH on the chart and the breaking of the trigger line, we can have a bullish view on BNB.
If there is a pullback on the green range, we will look for buy/long positions.
The target is clear on the chart
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BNB(BINANCE COIN) is ready to go up
* 1D
BNB seems to be undergoing ascending triangles and triangular convergence.
It's currently attempting to break through the downtrend line at the top of the Ascending triangle and should be supported for further upside.
I think it's about to break through.
Let's see
BNBUSDT.1DAnalyzing the daily chart for Binance Coin (BNB) against USDT, we observe a significant price consolidation over the recent months. As of the latest data point, BNB is trading at $629.7. The chart is marked with several key resistance (R1, R2) and support (S1, S2, S3) levels.
Resistance Levels: R1 at $649.1 and R2 at $724.8. These levels have served as strong psychological barriers where price has faced selling pressure. The break above R1 recently suggests a bullish sentiment that may attempt to test the R2 level if this momentum continues.
Support Levels: S1 at $498.2, S2 at $398.5, and S3 below that which isn't clearly shown in the chart. The support levels indicate where buying interest has historically been strong enough to prevent further declines. Notably, the price hasn't tested S1 recently, indicating current market strength.
Technical Indicators:
RSI (Relative Strength Index) is at 56, which is moderately bullish and suggests there's room for upward movement before the asset becomes overbought.
MACD (Moving Average Convergence Divergence) is showing a bullish crossover, which supports the upward price momentum observed.
Price Action: The presence of bullish candlesticks breaking above R1, coupled with increasing trade volume, indicates an accumulation phase possibly by institutional investors, signaling strength.
Conclusion: The technical analysis suggests a bullish outlook for BNB in the short term, provided it sustains above R1. Traders might look for entry points on small retracements towards R1, setting stop losses just below this level to manage risk. The next target would be R2, with a possible breakout leading to higher highs. However, any reversal and break below R1 would require reevaluating this bullish scenario. Always consider market news and broader economic indicators which might influence market sentiment and cause sudden shifts in price trends.
BNBUSDT #001 ( Keep your Eyes on bullish Rally $$$ ) Hello dear traders.
Good days .
On daily Gann Square first Gann Arc resistance is broken and passed.
With support from lower Gann Fan line, is about to broken 2nd Gann Arc resistance and start 3rd Bullish leg of Elliot wave .
BNBUSDT is at Time reversal zone and expected from this position start bullish rally.
Chart updated and route plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments
Trading opportunity. What to buy?In the crypto market, the largest assets are currently experiencing similar situations.
On the charts, we can see that six assets have formed sideways trends. Prices for all six assets are currently at the bottom of these sideways trends. For four assets, the price temporarily dropped below the lower boundary of the sideways trend, where liquidity from sellers was collected, but then returned to the sideways trend. The prices of five assets, excluding BNB, are in zones where it makes sense to consider buying. The most interesting potential is with DOGE and AVAX.
One possible strategy to consider is buying four assets that you like the most.
binance analysis analyticalyBinance/USDT Analysis in 4h Timeframe.
Technical Indicators: The 4-hour timeframe analysis for Binance/USDT lacks critical technical indicators such as MACD, KDJ, and RSI. Without these indicators, it is challenging to assess the momentum and potential trend reversals.Support and
Resistance Levels: Similarly, there are no identified support and resistance levels available for this timeframe. This makes it difficult to determine the market sentiment and potential entry or exit points.
Trend Analysis: Looking at the recent chart analysis for MATIC/USDT, it is mentioned to be in a downtrend, trading below the 200 EMA1. This suggests a bearish sentiment in the market, which could potentially affect Binance/USDT as well.
Market Sentiment: The sentiment for USDT is positive, with a price bounce-back from the 200 EMA, indicating a good time for long positions with a 10-12% potential target2. This contradicts the MATIC/USDT analysis, indicating mixed sentiment in the market.
Recent News: Bitcoin is experiencing volatility due to CPI data releases, which could impact the entire crypto market, including Binance/USDT3.
Additionally, BNB has dropped below 600 USDT with a slight increase, which might indicate a broader market trend4.In conclusion, the 4-hour analysis for Binance/USDT lacks crucial technical information, and the mixed signals from related markets suggest caution. Investors should consider the broader market sentiment and wait for more conclusive indicators before making any trading decisions.
Buy BNB - it is breaking out! CRYPTOCAP:BNB
It is breaking out again - the next super ally will begin!
BNB is a good crypto because it has several unique features that set it apart from other cryptocurrencies:
(1) Reduced transaction fees when trading on the Binance exchange, making it cost-effective for traders.
(20 Token sales) The Binance Launchpad has hosted numerous successful token sales, and users can participate using BNB.
(3) Staking rewards: Users can stake BNB to earn rewards, even without holding massive amounts of the cryptocurrency.
(4) BNB stands out as one of the top utility tokens in the cryptocurrency industry.
(5) BNB implements a unique burndown policy, wherein a portion of the token supply is permanently removed from circulation.
BNB/USDT: Enter on Bullish Consolidation Break, Buy Stop at $625BNB/USDT has displayed a bullish consolidation pattern and is now poised for an upward breakout. A buy stop order is set at 625 to capture the breakout from this consolidation, targeting a favorable risk/reward ratio of 1:2. This strategy anticipates a significant upward movement as BNB/USDT aims to reach higher resistance levels. Monitor closely for the activation of the buy stop as it indicates strong buyer momentum, positioning for a potential rise towards our calculated target.
BNB looking super strong.There's obviously liquidity sitting in that zone but BNB is crunching it down with every visit at that area.
Momentum is looking strong once again. Couple that with BTC trying to establish he 69K area as support and you get a clear picture of what's coming.
If it breaks through that liquidity zone, nothing but clear skies towards a new ATH
BNB M BULLFLAG, explosive move on H BNB getting its explosive move to resistance after weeks of continually basing higher.
Been flipping this for weeks to build a decent position,
Out1 /2 too profits into this move ,
taking back a big position in retest of 15 Ema 12 and then 5 OS for an H HL.
Basically I am expecting a break oiut of this range soon , if yoo see my post on JASMY
it did a similar thing and had nice follow through.
BNBUSDT. Trading opportunityOn the daily timeframe, the price has formed a sideways movement and reached the mandatory target of the seller's vector 7-8. The next relevant buyer's vector 8-9 has a potential target of $634. The price is currently in the middle of the sideways range on the daily timeframe.
On the hourly timeframe, the price has also formed a sideways movement. The short seller's vector 11-12 broke below the lower boundary of the sideways range at $574 and collected sellers' liquidity. Pay attention to the key volume of the last vector 11-12: the candle with the highest volume in the vector is at the bottom (marked as 'KC' on the chart). Then the buyer absorbed this volume and returned the price to the sideways range, forming a new buyer zone at the boundary of the sideways range (the blue rectangle on the chart, upper boundary at $575.5). The key volume (largest) in the emerging buyer's vector is also at the bottom (the candle on the chart is marked as 'tKC'). This setup increases the probability of realizing the buyer's vector 12-13 with a potential target on the hourly timeframe of $600.
Idea: Look for purchases as the realization of the buyer's vector 12-13 on the hourly timeframe and the buyer's vector 8-9 on the daily timeframe. The target on the hourly timeframe is $600.
The preferred option is to look for purchases from the defense by the buyer of the buyer zone at the lower boundary of the sideways range.
BNB ATH incomingIt seems to me that $1000 per BNB is destined at this point
Binance won the exchange wars, and it's positioned to win in the scene of degenerate gambling that the US economy is promoting, high levels of debt and keep on printing infinite fiat (saw news that the Wall Street guys are looking to adopt the 24/7 trading hours)
In whatever case, bear market or bull market, Binance is the best investment for the crypto industry.
So much for decentralization and muh ''bitcoin fix this''
BNB retracing back to 50%??this could be possible
the on monthly and weekly we can see the price action is sell on high and buy on low, and price recently hit the high and forming triangle on the daily time frame
we can see rsi falling and with price it could be bearish divergence
450-425 is the 50% from the swing low
let see how the structure forms .......
BNBUSDT: Strong Sell Coming Up! BINANCE:BNBUSDT
Price have been consolidating since a long time now, we are expecting price to manipulate first which will take our buy side liquidity and then after we can see price to drop strongly. Please wait first for the price to do it thing and once it takes out the buy side liquidity and with the confirmation we can enter sell entry.
**If you like our ideas, then please like, comment and follow us which will encourage us to bring you more educational ideas**
Team Setupsfx_
BNB/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the 4H BNB to USDT chart as we can see that we are getting close to trying to break out of the triangle.
Let's start by setting goals for the near future that we can include:
T1 = $600
T2 = $608.50
T3 = $614.50
T4 = $621
AND
T5 = $643.50
Now let's move on to the stop-loss in case of further market declines:
SL1 = $595
SL2 = $583
SL3 = $573.50
AND
SL4 = $563
When we look at the EMA Cross 50 and 200 indicator, we will see the yellow ema cross 50 line staying above the blue ema cross 200 line, which confirms that the uptrend is continuing.