BNBUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
BNBUSDT trade ideas
Binance Coin(BNB): Potential ScenarioBinance Coin has seen some decent moves after that successful breakdown of the double top pattern.
We are looking for a potential buy zone near that lower 200 EMA, where the currentyl price is struggling to break the smaller resistance. If all plays out nicely, we should see a rejection (downward movement) and then a good bounce to the upper zones towards that last resistance of Double Top.
Swallow Team
BNBUSDT - Price can exit from channel and fall to support levelHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
Some time ago price started to trades in wedge, where at once made upward impulse from support line.
After this, BNB broke $537 and $611 levels, but soon made a correction, after which it soon rose to resistance line.
Next, price in a short time declined to support line of wedge, thereby breaking $537 and $611 levels one more time.
Then BNB turned around and later exited from wedge also, after which started to move up in rising channel.
In channel, price rose to $598 points, but recently it fell to support line, where at the moment trades near.
Now, I think that Binance Coin can little grow and then decline to $537 level, thereby exiting from channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short BNB till range 500 USDBearish trend in the 1 hour chart, did not have enough volume,,,, down to 495 to 500 USD
BNB - Holding Strong and Ready for next moveBINANCE:BNBUSDT (4H CHART) Technical Analysis Update
BNB is currently trading at $317 and showing overall bullish sentiment
We are seeing nice 1D candle which is showing a bullish sentiment. We can expect the trend to continue until 340$ and we can see some resistance at that range.
Once BNB breaks the 340 range then next target is an easy 400$
Entry level: $310-317
Stop loss level $280
Target 1: $ 337
Target 2: $ 374
Target 3: $396
Target 4: $448
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto
BNBUSDT: Riding the Bullish Wave with Strategic Analysis"In the dynamic world of cryptocurrency trading, identifying patterns and key zones is essential for navigating market trends effectively. One such pattern that often signals a bullish trend reversal is the W pattern, characterized by a double bottom formation. Within the context of BNBUSD trading, the emergence of a W pattern signifies a potential shift from bearish sentiment to bullish momentum.
At the heart of this pattern lies the main buy zone and order block zone, where whales and significant investors strategically position themselves to capitalize on favorable market conditions. In the case of BNBUSD, this critical zone is observed between $528 to $524. Within this range, market participants identify a convergence of factors that make it an attractive accumulation area.
The $528 to $524 range represents a level of significant support, where historical price action suggests increased buying pressure and a reluctance of sellers to push the price lower. As the price approaches this zone, traders and investors perceive BNB as undervalued, prompting increased buying interest and positioning for potential price appreciation.
Moreover, within this buy zone, the presence of order blocks further solidifies its significance. Order blocks are areas on a price chart where significant buying or selling activity has occurred, often leaving behind a "block" of orders yet to be filled. In the context of BNBUSD trading, the $528 to $524 range represents a notable order block zone, indicating substantial buying interest from whales and large institutional investors.
The strategic accumulation of BNB within this zone is driven by the anticipation of future price growth. Traders and investors recognize the potential for a bullish reversal following the formation of the W pattern, with the $528 to $524 range serving as a launching pad for upward momentum.
It's important to note that the significance of this buy zone extends beyond mere price levels. It reflects a collective sentiment among market participants, including whales and institutional investors, who strategically position themselves to capitalize on future price movements. Their accumulation within this zone not only provides support for the price but also signals a vote of confidence in the long-term prospects of BNB.
In conclusion, the W pattern observed in BNBUSD trading signals a potential bullish trend reversal, with the main buy zone and order block zone identified between $528 to $524. Within this critical range, whales and significant investors strategically accumulate BNB in anticipation of future price appreciation. By recognizing the significance of this zone and understanding the dynamics at play, traders can make informed decisions to capitalize on potential opportunities for profit.
Short BNB. May touch our entry area and go down It seems bearish in short time frame. Please properly manage the risk. Best of luck for the trade.
Take a long on BNBUSDT on a risk of 1:1 or 1:2 if you wishSince the arrows accroding to my sniper strategy have shown up proving also on higher time frames plus breaking and retesting of the support level
Binance Coin(BNB): Expanding Further The Bollinger. BandsBinance coin has been expanding further, making new highs in a smaller timeframe while not giving any corrections (which is crucial for healthy bullish movement).
We are monitoring to see a sign of weakness for a potential short-term position.
Swallow Team
BNB?USDT 1HInterval Chart ReviewHello everyone, let's take a look at the 1H BNB to USDT chart, as we can see the zena is staying above the upward trend line, and locally we can see an upside exit from the triangle.
Let's start by setting goals for the near future that we can include:
T1 = $570.8
T2 = $592.50
T3 = $608.4
AND
T4 = $627.6
Now let's move on to the stop-loss in case of further market declines:
SL1 = $547.1
SL2 = $535.3
SL3 = $514.6
AND
SL4 = $482.4
Looking at the RSI indicator, it can be seen that it has returned to the upward trend, with room for a possible continuation of growth. However, on the STOCH indicator we can see that it is approaching the upper limit, but it also has some room before recovery.
BNBUSDTA great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
Be patient and enjoy your profit
BNB looking bearish time to short I'm still bearish on the BNB . I still think it's likely we're going new LH and LL in the near future. This is a more short-term oriented trade and will only be activated under certain conditions.
Binance Coin can exit from pennant and decline to 515 levelHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price some time ago declined to 515 support level, which coincided with the buyer zone and at once rebounded and started to move up. Soon, the price reached a resistance level, which coincided with the seller zone and broke it, after which BNB rose a little and then made a correction below this level. Next, the price broke the 587 level again and later rose to 645 points, after which it turned around and started to decline in a downward pennant, where soon broke the resistance level one more time. After this movement, BNB made a retest of the resistance level and in a short time declined to the buyer zone, which later reached the support line of the pennant. Then price rebounded from the support line and rose to the resistance line, which coincided with the resistance level, but a not long time ago BNB rebounded and fell to the support line, which continues to rise near to this day. So, I think Binance Coin can reach the resistance line, after which turns around and starts to decline to the support level, thereby exiting from the pennant. For this case, I set my target at the 515 level. Please share this idea with your friends and click Boost 🚀
Cryptolean Binancecoin BNB UpdateYesterday Binancecoin failed to reclaim $586.
An inability to break $586 to the upside will push BNB price towards $504-$529 and, if unable to sustain price action above $504, lower to $455-$477.
A daily candle closure above the key daily resistance of $586 is required for Binance coin to have another bullish extension to re-test $635-$660.
BNB: Pullback in UptrendTrade setup : Price is in an Uptrend. It briefly broke above $600, however, it got very overbought (RSI > 80!) and was rejected at that resistance on some profit taking. Now we look for the right entry opportunity in Uptrend.
We wait for price to either 1) break back above $600 to signal continuation of uptrend, with +10% upside potential to $670 next, or 2) pull back near $500 support for another swing trade entry in Uptrend with +20% upside potential back to $600.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $500 (previous resistance), then $400. The nearest Resistance Zone is $600, then $670.
