BNBUSDT 4HI'm buying some #BNB around its supports. Targets are:
$586.20
$619.80
$649.00
$690.60
$743.70
Supports are:
$533.30
$498.70
We recommend you use tight stop-loss
BNBUSDT trade ideas
Supportive Role of Previous Resistance ZoneOn a daily timeframe, we have drawn an ascending trendline and are witnessing the formation of an upward pattern known as a running flat.
After this pattern was formed, the currency experienced a significant increase and is currently undergoing price and time corrections.
Previously, we had mentioned the possibility of forming a triangle pattern, the upper side of which is marked with a red line. During its last rise, the price could not stabilize beyond this area and we are again seeing a price decline.
It is important to know that the first orange zone, which previously acted as resistance, now has a supportive role. If we see the formation of strong bullish patterns in this area, the price may start to rise again. However, if this zone and the ascending trendline are broken downwards, the price may experience deeper corrections.
$BNB #Binance Trading IdeaBNB/USD (Binance) following yesterday's price drop, there was a notable amount of buying activity around the $500 price level, indicating that many investors placed their orders there.
If this support ($500) doesn't hold we can expect a bigger drawdown till the $416 or even $358 demand zones. These zones might offer a better opportunity for investors to buy at a lower price.
BNB - Ranges overview Clean pa on BNB in my opinion.
Simple plan for you guys.
IF we manage to hold 520$ we should expect the market to retrace and hunt the buyside liquidity.
IF we fail to hold these current levels, we would basically be closing back within the HTF range and head towards the sellside liquidity around 450$
No need to predict the market... WAIT FOR THE MARKET AND FOLLOW THE MARKET
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.
Lingrid | BNBUSDT contraction before EXTENSIONBINANCE:BNBUSDT has been making higher highs on the daily timeframe. However, on the 4H timeframe, the market is moving sideways. It is forming the triangle formation, which is a trend continuation pattern. The price bounced off the bottom of the pattern. It is heading toward the top of the triangle. If you look at the weekly timeframe, it took liquidity below the previous low, indicating buying pressure. I think the market will be squeezed before the extension. My goal is recent highs at 625.5
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
HelenP. I Binance Coin can break trend line and fall to $565Hi folks today I'm prepared for you Binance Coin analytics. Recently price made impulse down to the trend line, thereby breaking the support level, which coincided with the support zone, but soon BNB rebounded from this line and rose back. After Binance Coin broke the 546 level again, it continued to move up to the resistance level, which coincided with the resistance zone, and when the price reached this area, BNB entered to it. But soon, the price turned around and in a short time declined to the trend line, after which the price bounced up and started to rise near this line. Some time later BNB made an impulse from the trend line higher than the resistance zone one more time, but a not long time ago BNB turned around and declined lower the trend line. But recently price rose higher than this line and now trades close, so, I expect that Binance Coin will rise a little more again and then rebound down lower trend line, breaking it. For this case, I set my target at 565 points. If you like my analytics you may support me with your like/comment ❤️
BNBUSDT in sideways marketBNBUSDT is showing resistance and support at different levels. Trade is placed considering a breakout at either support or resistance.
Will BNB touch $2000?BNB The most reliable currency in the market
BNB reaches its highest price on October 24
📈BNB: Testing Resistance Near ATH - Long or Short Play?❓🔍Today, we're analyzing BNB, which is nearing its all-time high (ATH). This coin is making its third attempt to break through the resistance at 630.6. As you can see, it was rejected the first time and failed to reach the resistance level the second time. This time, it has only made a slight move towards it, and we need to observe whether it can finally break through this resistance or not.
💎Simultaneously, as this coin contends with its resistance, a bullish trendline has formed. This trendline causes the price to establish higher lows after each peak, indicating stronger buying pressure compared to selling pressure. Considering its long-term bullish trend, we can anticipate that it might break through the 630.6 resistance.
📈Personally, I refrain from entering a long position until the resistance is broken, and the candle closes above 630.6. I wait for the candle to confirm the breakout above this resistance level before entering a long position.
✅For the target, we can consider the ATH, which is 10% above 630.6. With a reasonable stop-loss, we can aim for a risk-reward ratio of 2. The next target could be the 2.618 Fibonacci extension level, which serves as a significant supply zone.
📉As for shorting, we should wait for the trend to be broken first. Afterward, we can wait for confirmation below the trend trigger, around 573.7. Upon confirmation, we can enter a short position targeting 507.6.
📝Remember, patience is key, and it's essential to wait for the right entry point based on your trading strategy.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Good level for short positionHello
I marked points on the chart. I think it will go down so it's a good short position. Fake breakout is obvious.
Let's see what's happen.
Long trade
12th April 2024
15min TF
London Session (11:30am GMT)
Entry: 621.88
Profit level: 668.66 (7.25%)
Stop level: 612.15 (1.56%)
BNB: break EMA-20📊Analysis by AhmadArz:
🔍Entry: 606.4
🛑Stop Loss: 598.2
🎯Take Profit: 614-623-633
🔗"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 is Expected to Move Upward!Hi.
BINANCE:BNBUSDT
Today, I want to analyze BNB for you in a 9H time frame so that we can have a SHORT-term view of BNB regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
BNB is testing the important zone on 9H timeframe
Ascending Triangle pattern is completed and broken.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 AB=CD
🟢symmetrical Triangle
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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's situation+next targets and expected movements.Hi.
BINANCE:BNBUSDT
Today, I want to analyze BNB for you in a 9H time frame so that we can have a SHORT-term view of BNB regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
BNB is testing the top of symmetrical triangle on 9H timeframe
Up We Go if we manage to break upwards🐃
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 AB=CD
🟢symmetrical Triangle
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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!!
Smells like a new ATH... ( 400% PUMP 🤯🚀 ? )Hello my friends .
This a complete idea for BNB so if you are one of the BNB fans or holders ; make sure to read this idea until the end .
Oh right my friends as I said before , when you are looking for a mid term trade , it's better to start with the higher time frame like monthly and weekly then going to the smaller one to find a good entry :
let's start with the weekly chart :
OMG what's happening here ! honestly I can't believe what I'm seeing right now but this is for real , my friends ; BNB could goes up to the 3000$ ; maybe you might say this is not going to happen at all , but my friends the last time when the BNB price was around it's ATH price (38$)
no one believed that it's goanna hit 740$ mark .
As you can see in the chart above , we have a clear AB=CD pattern or in the other word , a flag pattern which is obviously a bullish continuation pattern and if the price break the current ATH price , in my opinion the 3000$ is very easy for BNB .
Let's look at the daily time frame to find a good entry :
In the daily we are in the clear uptrend which is a good sign for us because as you might know , trend is our friend util the end ! so we had to looking for the long position rather than short ,
also we have some kind of triangle formation but it's not complete yet but in my opinion there is good chance for break to the upside ; because BNB right now is showing a good strength against the BTC downward pressure and trying to make a new highs .
have nice trade my friends.... 🐺
#BNB/USDT is currently testing descending resistance after break#BNB/USDT is currently testing descending resistance after breaking out of a symmetrical triangle pattern🧐
This breakout could signal a continuation of the trend towards the next resistance✈️
BNB BrokeoutBNB has broken out it's triangle pattern in an upwards move, and also retested successfully. This indicates me a potential move towards an ATH in the coming days.
NEXT RESISTANCE:
630 - 645
#aqeelonline
BNB/USDTnice and clear set up for bnb we broke out of the holding pattern and retesting the upper limit now, great entry point!!!!
BNB USDT Price Movement ScenarioWe are considering a scenario for the price movement of BNB.
Since the beginning of 2023, there has been increased interest from buyers in the movement of the asset's prices. Confirmation of this is a sustainable upward trend accompanied by an increase in trading volumes.
Volume profile analysis confirms the sustained interest of buyers within the current price range. At the moment, the price of the asset has been in a squeezed state within a triangle for a significant amount of time.
This creates conditions to expect the price of the asset to break out upwards, followed by testing the levels of the triangle and subsequent ascent with the overcoming of resistance levels. The process of such a breakthrough may be supported by an increase in trading volume and increased interest from buyers, which in turn will emphasize the strength of the potential upward movement.
BNBUSDTBNBUSDT is trading inside the symmetrical triangle . The price is reacting well the support and resistance of symmetrical triangle.
Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement.
If the bulls sustain to upside the optimum target could be 650 followed by 700
What you guys think of this idea?
#BNB: Breakout this bull pennant!#BNB has broken out of a bull flag pattern. Now, we're looking for a retest of this pattern to confirm it according to technical analysis. If confirmed, we could see a potential 80% upward move. However, we must overcome the important resistance at the all-time high.
Stay tuned for more updates. I'll keep you informed.
#Crypto
BNB next leg upBNB is trying to break out the ascending triangle, keep an eye on it, will open a long position once break out is confirmed on 4h TF. DYOR
