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BNBUSDT trade ideas

BNB SWING LONG IDEA - ALTCOIN SEASON - BNB CHAINBNB is one of the most stable coins in the crypto market. With Binance officially backing it, BNB is relatively safer compared to other altcoins. Technical Analysis: The price hit and wicked into the monthly demand zone during the August 5th dump, showing a strong rejection and initiating an upward trend. This move established a weekly demand zone by breaking the weekly structure, and as it did so, it created a daily demand zone, which is a significant area for me. Currently, the price is back into the daily demand and has reached the optimal trade entry zone according to the Fibonacci levels. I anticipate an upward movement from here in the coming days. Targets: The initial target is $613-$619, with potential to reach the all-time high at $722. Note: Watch out for the U.S. Presidential Election, as it may cause volatility with long wicks that could stop out positions.
Long
by UA_CAPITAL
The last bullish chance of BNB in mid-term !!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! See my first analysis on BNB in 2020 Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Long
by CobraVanguard
BNB: Ready for a New All-Time HighHello, traders, I hope you’re all doing well. Today, let’s review the BNB chart in a 2-week timeframe. On this higher timeframe, BNB is approaching the resistance trendline. With an all-time high of $721, the current price suggests the potential for a new record. BNB has consistently held its support trendline since its inception, and with the 21 EMA providing support, a breakout could happen at any time. If we see a breakout and a close above the resistance, BNB is likely to enter a price discovery phase and aim for a new all-time high. During this altseason, if BNB reaches $1,000, it will push its market cap to $144 billion, securing the No. 4 position and surpassing Solana. Let’s aim for BNB to hit $1,000. #BNB1000 Always conduct your own research and analysis before investing. This is not financial advice.
Long
by Dexter_The_Trader
#BNB Ascending Triangle📊#BNB Ascending Triangle📈 🧠From a structural perspective, the ideal goal of the bullish structure has not been fully achieved, so we still maintain our bullish view. Currently, it has encountered a staged resistance area and has undergone a complex horizontal consolidation. ➡️From a graphical perspective, we have the opportunity to form an ascending triangle between the neckline support area and the staged resistance area. Generally, we will continue to rise according to this model in an upward trend ➡️Can we challenge the historical high this time? Let's see👀 🤜If you like my analysis, please like💖 and share💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BITGET:BNBUSDT.P
Long
by wolf_king888
BNBUSDT.1DAs I analyze the BNB/USDT daily chart, Binance Coin is currently trading at 624.17. The chart displays a well-defined upward channel, with the price respecting the ascending trendlines. This suggests that the overall trend remains bullish in the medium term. The immediate resistance is located at R1 (around 619.29), which BNB has just surpassed, while the next major resistance lies at R2 (721.54), near the channel’s upper boundary. On the support side, the price has strong levels at S1 (around 575), S2 (527.41), and S3, which aligns with the lower boundary of the channel. These levels provide significant zones of interest where the price could find buying pressure in case of a correction. The MACD (12, 26) indicator shows a bullish crossover, with the MACD line above the signal line. The histogram is also positive, although it appears to be stabilizing, signaling that bullish momentum is strong but could be losing a bit of its intensity. This calls for close monitoring to see if the current momentum can be sustained. A breakout above R2 (721.54) could confirm further bullish continuation, with the price potentially targeting levels beyond 750 or higher in the coming weeks. On the other hand, a rejection at R2 or a loss of momentum might result in a pullback toward S1 or S2, where the price could consolidate before making another attempt to move higher. In conclusion, I remain optimistic about the upward potential of BNB/USDT, particularly if it continues to trade within the rising channel. My primary focus is on the behavior of the price around R2 and the strength of the current momentum. A breakout above R2 would affirm a strong bullish trend, while any pullback toward S1 or S2 could provide opportunities for accumulation before the next upward leg.
Long
by MarsSignals
BNB Surges by 131% to $721 – A Prediction Fulfilled!The cryptocurrency BNB has delivered an extraordinary rally, soaring by 131% to reach an impressive price of $721. This massive rise is a testament to the strength of the market and the accuracy of our analysis. In our **last signal published on May 30, 2023, we forecasted this bullish move when BNB was trading at just $312. The anticipated growth materialized perfectly, aligning with our detailed analysis and market projections. This achievement underscores the importance of strategic insights and the ability to identify potential opportunities in the cryptocurrency space. As BNB continues to gain momentum, we remain confident in its long-term potential. For those who followed our signal, this is a moment of triumph, validating the power of precise predictions.
Long
by SafeCryptoSignals