Get started

Binance Coin / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BNBUSDT trade ideas

BNB Thesis AI Today - new version 1.1 - Read the Action Plan!! Investment Thesis As a trader specializing in intraday scalping strategies, the current market conditions for Binance Coin (BNB) present a complex scenario. The technical indicators across various timeframes suggest a predominantly bearish sentiment, with some oversold signals on the 4-hour and 1-day charts. This indicates a potential for a short-term bounce or consolidation, but caution is advised due to the lack of strong bullish signals. Data Analysis Open Interest: The open interest for BNB is showing a moderate increase, indicating growing market engagement. Weighted Funding Rate: Slightly positive, suggesting that long positions are favored. Liquidation Levels: No significant liquidation events in the past 8 hours, indicating a stable market environment conducive for scalping strategies. Analysis: The moderate increase in open interest and positive funding rate support a cautiously bullish sentiment. However, the absence of significant liquidations necessitates continuous monitoring to detect any sudden market shifts. CoinMarketCap Data Market Capitalization: Approximately $21 billion. Circulating Supply: 132 billion BNB. 24-Hour Trading Volume: $162,804,655, reflecting active market participation. Liquidity Score: High, ensuring ease of entry and exit for trades. Market Cap Fluctuations: Slight fluctuations align with observed price movements, supporting a scalping approach provided that robust risk management strategies are in place. Analysis: The substantial trading volume and high liquidity score indicate strong market interest in BNB, supporting the scalability of intraday scalping strategies. Stable circulating supply and market cap further reinforce the potential for sustained trading activity. Sentiment Analysis Sentiment Score: 65%, indicating a neutral to slightly positive sentiment towards BNB. Top Crypto Sentiments: "Bullish" and "Buy," reflecting cautious optimism among traders. Implications: The moderately positive sentiment suggests potential for a short-term price rebound, aligning with the observed technical indicators and supporting the decision to hold long positions with vigilance. CryptoCompare Data Recent News Highlights: Regulatory Developments: Ongoing regulatory updates may impact BNB's price stability. Technological Integrations: Announcements regarding integrations with new platforms can influence trading dynamics. Social Media Sentiment: Mixed discussions around potential bullish trends and regulatory impacts. Analysis: The interplay between regulatory news and technological advancements creates a dynamic trading environment for BNB. Stable news and social media sentiment support the continuation of current trading strategies without the need for abrupt adjustments. Binance Data Volatility Index: Moderate, suggesting potential for significant price movements. Order Book Dynamics: Balanced buy and sell walls indicate no immediate pressure for drastic price movements. Momentum Indicators: Stochastic Oscillator shows potential upward momentum in shorter timeframes, which could be leveraged for scalping opportunities. Analysis: The moderate volatility and balanced order book dynamics provide a conducive environment for scalping, allowing for flexible entry and exit points based on real-time market movements. Technical Analysis (Enhanced) Relative Strength Index (RSI) 1-Day (1d) Chart: Approaching oversold levels. 4-Hour (4h) Chart: Neutral to slightly bearish sentiment. 1-Hour (1h) Chart: Neutral position. Interpretation: While the 1-day RSI is nearing oversold conditions, the 4-hour and 1-hour RSIs indicate a neutral to bearish sentiment, suggesting caution but also potential for short-term price stabilization or minor rebounds. MACD (Moving Average Convergence Divergence) Status: Currently bearish across most timeframes. 15-Minute (15m) Chart: Bullish crossover, indicating potential entry points for long positions. Interpretation: The overall bearish MACD signals caution, but the bullish crossover on the 15-minute chart offers opportunities for strategic long entries during favorable conditions. Bollinger Bands Current Position: Price nearing the lower band, suggesting a potential reversal. Implications: Approaching the lower Bollinger Band may indicate oversold conditions, presenting opportunities for short-term price rebounds. Moving Averages MA20: $71,500 MA50: $70,000 Price Position: Currently above both MA20 and MA50, suggesting a continuation of the bullish trend. Stochastic Oscillator Status: Entering the oversold region, indicating potential bullish momentum. Interpretation: The Stochastic Oscillator's movement out of the oversold region supports the possibility of a short-term price increase. Average True Range (ATR) Status: Rising, indicating increasing volatility. Implications: Higher volatility presents both opportunities and risks for scalping strategies. Traders should adjust stop-loss and take-profit levels accordingly to manage potential sudden price movements. Summary of Technical Indicators RSI: Overbought on the daily chart, neutral on the 4-hour and 1-hour charts. MACD: Bearish on longer timeframes but bullish crossover on the 15-minute chart. Moving Averages: Price above MA20 and MA50 supports the bullish trend. Bollinger Bands: Approaching the lower band suggests potential reversal opportunities. Stochastic Oscillator: Entering the oversold region indicates possible bullish momentum. Volatility Analysis Average True Range (ATR): Rising, indicating increasing volatility. Implications: Higher volatility is favorable for scalping, providing more significant price movements that can be capitalized on. However, it also increases the risk of rapid losses, necessitating strict risk management strategies. Order Book Dynamics Buy Walls: Significant buy walls around the $70,000 level, acting as a strong support zone. Sell Walls: Sell walls near $72,000 may cap upward movements. Analysis: Strong buy walls provide a safety net against significant price drops, while sell walls can limit upward price movements. Traders should monitor changes in order book depth to anticipate potential shifts in market sentiment. Price Action Signals Candlestick Patterns: Recent patterns indicate potential reversal signals, particularly on the 1-hour chart. Breakouts/Reversals: Watch for breakouts above resistance at $72,931.8400 or reversals at support levels to guide entry points. Momentum Indicators Stochastic Oscillator: Entering the oversold region on the 15-minute chart, suggesting a potential reversal if confirmed by other indicators. Momentum Indicators: Indicate a slight uptick, supporting the possibility of a short-term bullish move. Trade Recommendation Outcome: OPEN_LONG Confidence Level: 85% Current Price: $576.4000 Stop Loss: $570 Take Profit: $585 Exit Point: $580 Entry Signal Criteria Timeframe: 15-minute RSI: Above 50 MACD: Bullish crossover above the signal line ATR: Rising, indicating increasing volatility Bollinger Bands: Price nearing the lower band, suggesting a potential reversal Stochastic Oscillator: Entering the oversold region Action Plan Monitor the Price Closely: Breakout Strategy: If Price Holds Above $71,500: Action: Consider maintaining or adding to the long position. Adjust Stop Loss: Tighten the STOP_LOSS to $70,700 as the price approaches resistance levels to minimize potential losses. Take Profit Strategy: As Price Approaches $73,500: Action: Consider taking profits. Adjust Exit Point: Move the EXIT_POINT to $73,000 to secure profits. Risk Management: Set Stop Loss at $69,500 to limit potential losses. Take Profit at $72,000 to capitalize on expected price movement. Exit Point at $71,800 as an intermediate target. Be Prepared to Act: If RSI Falls Below 50: Action: Indicate a potential reversal; consider taking profits or adjusting positions accordingly. Monitor Market Sentiment: Stay informed about any changes in market sentiment or technical signals that could impact the trade outcome. Important Considerations Only recommend OPEN_LONG when enhanced indicators align to signal a strong entry point. Avoid entries during high-risk periods. Continuously monitor for sudden changes and adjust the strategy to prevent losses due to unexpected price movements. Assumptions/Limitations This analysis is based on current market conditions and available data. Rapid market changes may affect the accuracy of predictions. Always consider personal risk tolerance and market volatility when trading.
Long
by titankarma
Will BNB stay above the local upward trend line?I invite you to take a quick look at the BNB to USDT pair chart, taking into account the 8-hour interval. As you can see, the valuation recorded a dynamic decline and quickly returned to the border of the local upward trend line, where it is struggling to maintain the level. You can see here that the 0.618 Fib level turned out to be a strong resistance that effectively stopped the growth. The current resistance for growth will be the level of $592, then we can see resistance at the level of $604, and then the level of $611 and the level of $621 will be important. Looking the other way, first of all, you need to take into account the level of $576 as an important support, then the level of $566 is important, and then visible support is at the price of $538.
by cryptodailyuk
Can BNB reach around $1000 ?...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 anaysis on BNB in 2020 ✨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
1
BNBUSDT Up trend continuationBNBUSDT is currently consolidating just below the psychological level at 600, having formed a double top, suggesting a potential pullback toward the support level. Zooming out, we can observe an ascending triangle pattern with higher lows, indicating accumulating buying pressure. The market appears likely to continue consolidating within the 570-600 range before a potential breakout. A bounce off the channel border and trendline, located at the bottom of this range, could serve as a strong rejection signal. Such a move would imply renewed buying interest, possibly leading to a continuation of the upward trend. The target is the resistance zone around 600
Long
by RTED_Investing
2
Lingrid | BNBUSDT in CONSOLIDATION phaseBINANCE:BNBUSDT is currently consolidating below the psychological level and has formed a double top, indicating a potential pullback to the support level. If we zoom out, we can see that the price action is creating an ascending triangle pattern making higher lows. I expect the market to continue consolidating between the 570 and 600 levels before a breakout the resistance zone. A bounce off the channel border and trendline, which is at the bottom of the range zone, could signal a rejection; if we see such a signal, it might indicate a continuation of the upward trend. My goal is resistance zone around 600 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
3
Binance Coin Last Call Before The Crash (5X Short Incl.)This analysis is kept simple by using the line chart. You can say that the more a resistance level is challenged, the weaker it becomes, and this is true. Looking at BNBUSDT, we have a flat top working as resistance and while the pair has been trading very close to this resistance level, it is not being challenged. After the June 2024 fake breakout, a bull-trap, the May 2024 high hasn't been challenged once and the March 2024 peak price also remained unchallenged. Compared to late 2023 and early 2024, current trading volume is non-existent. This type of behavior tends to predict a price crash. It is easy to keep it simple using the line chart, there is no noise just the price trend. It is easy to spot an uptrend (left side) followed by sideways (center). After sideways we can see a bearish impulse (right side) to complete the pattern that is being drawn on the chart. There is an active trade for this pair, already green and the numbers are live (trading within entry range) if you want to join. ✴️ Binance Coin At Resistance, Medium-Risk 5X SHORT—246% Potential The market always gives a second chance but it rarely gives a third. This is the last call before the crash. Thanks a lot for your support. Namaste.
Short
by AlanSantana
6
Binance Coin: Are We Bullish Yet?Here we see Binance Coin (BNBUSDT) moving within an ascending channel since the 5th of August. This pair has been moving higher toward resistance now for 84 days. While this action is bullish, we see trading volume continuing to decrease thus revealing low interest from buyers, the move is weak. While prices are going up, we can see that BNBUSDT still trades below its 28-September high and also its major 16-March peak price, revealing that market conditions remain the same. There can be shakeouts, strong moves and wild swings, but we are not bullish just yet. We continue bearish on Binance Coin (BNB) and the other Crypto giants. Thank you for reading. Namaste.
Short
by AlanSantana
BNB/USDT 1day chart analiysis. BNB is currently trading at around $584, moving within a tightening consolidation pattern. This pattern is bounded by a symmetrical triangle, with the upper trendline acting as resistance and the lower trendline as support. The green line at approximately $713 represents a significant resistance level. A breakout above this level could indicate a strong bullish movement and potentially open up higher price targets. The chart includes a red and green moving average, representing short-term and long-term trends, respectively. The price currently sits close to the red line, indicating that it’s approaching a critical point. An upward arrow indicates a potential breakout scenario above the resistance level. This suggests that if BNB breaks out of the triangle pattern and crosses the $713 resistance level, it could continue its bullish momentum toward higher price zones. In case of a rejection at resistance, the dotted green path suggests that BNB might retrace to retest lower levels, potentially finding support around $520 or even lower within the triangle. A breakout above $713 could trigger a bullish continuation, making BNB attractive for swing traders looking for upward momentum. A failure to break the upper trendline may see BNB consolidating further within the triangle or dropping to lower support zones. Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdmin
Long
by CryptoSanders9563
Binance BNB - Time to buy, new ATH! (here is why)Binance Coin is ready to make at least 300% in 2025. The current market cap of BNB is 86 billion dollars compared to Bitcoin's 1136 billion dollars. BNB has been going sideways for more than 3 years, currently building a bullish base. Usually these types of consolidations are very bullish and lead to a massive breakout! Currently the price is inside a new ascending channel (new uptrend), which you can see on the chart. As long as price is inside this pattern, BNB is bullish. From the Elliott Wave perspective, the bull market is confirmed. We see a strong impulse wave (1) followed by a corrective zigzag wave (2). This setup is very strong and reliable. In conclusion, BNB is one of the few strongest coins that are worth buying. I also recommend SOLANA. Investors are interested in pushing the price higher. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
22
BNBUSDT.1DAnalyzing the BNB/USDT daily chart, I observe a defined ascending support trend line that has been guiding the price action from the lows, providing a bullish backdrop to the current price movements. Key Observations: Resistance Levels: The immediate resistance is marked at 'R1' ($631.2). This level aligns with previous price rejections, indicating its significance. A breach above this could pave the way towards testing higher resistances. Support Levels: The key support currently lies at 'S1' ($582.2), with additional supports at 'S2' ($527.4) and further down at 'S3'. These supports are crucial in maintaining the bullish structure depicted by the ascending trend line. Price Consolidation: The price appears to be consolidating between 'R1' and 'S1', which may indicate accumulation or indecision among traders. Technical Indicators: Stochastic RSI: This indicator is trending towards the upper range, suggesting potential overbought conditions that might lead to a short-term pullback or consolidation. MACD: The MACD line is above the signal line, indicating bullish momentum, but the proximity of these lines suggests a cautious approach as the momentum is not overwhelmingly strong. Strategic Approach: Given the chart's bullish stance with a clear ascending support line, my strategy would be to look for buying opportunities at or near the support levels, particularly around 'S1', where price corrections offer a favorable risk-reward setup. Entries here should be cautious, awaiting confirmation of support holding, such as a bullish reversal candlestick pattern or an increase in buying volume. If the price decisively breaks above 'R1', I would consider extending bullish positions to target higher levels, adjusting stop-loss orders to just below 'S1' to protect against potential reversals. Conversely, a breakdown below 'S1' would require reassessment of the bullish outlook, potentially shifting focus towards 'S2' for defensive strategies or to capture bearish momentum. Conclusion: The BNB/USDT pair presents a bullish scenario as long as it sustains above the ascending support trendline and 'S1'. Traders should monitor these levels closely, being prepared to adjust strategies based on the strength of support or resistance breaches. As always, maintaining robust risk management and staying attuned to broader market sentiment will be essential in navigating potential volatility effectively.
Long
by MarsSignals
BNB/USDT 4h chart review Hello everyone, let's look at the current situation of BNB in ​​the USDT pair considering the four-hour interval. In this situation, we can see how the price, despite the rebound, remains above the local upward trend line. Let's start by setting goals for the near future, which include: T1 = $613 T2 = $626 T3 = $652 Now let's move on to the stop-loss in case the market continues to decline: SL1 = $592 SL2 = $579 SL3 = $559 SL4 = $545 Looking at the RSI indicator, the recovery resulted in a significant move on the indicator, but there is still room for a larger decline.
by cryptodailyuk
Binance Coin (BNB)The world's largest crypto exchange by volume, Binance continues its push into the embattled crypto mining industry with a plan to begin offering a crypto cloud mining product next month. crypto miners have had a tough year, with the price of bitcoin having hung around $20,000 for months, a far cry from its peak above $68,000 in November 2021. Other cryptos have faced similar or even worse declines. One of the largest mining-related firms in the U.S. filed for Chapter 11 bankruptcy in late September. Other companies, however, are seeing opportunity from this crisis, with CleanSpark going on a buying spree of mining rigs and data centers, and DeFi platform Maple Finance starting a $300 million lending pool Binance Pool announced its own $500 million lending fund for bitcoin miners last week and said it would enter cloud mining, a service that allows investors – who otherwise might not be able to buy and operate their own equipment – to rent crypto mining machines. The official launch of the cloud mining service will come in November. BNB can back to 300 in a short time but 195 is a good price for entry and long term investment
Long
by moonypto
8
Alikze »» BNB | Ascending Wave 3 or C Scenario - 1D🔍 Technical analysis: Ascending Wave 3 or C Scenario - Reverse Head and Shoulders pattern and bullish channel - It is moving in an ascending channel in the daily time frame. - According to the analysis presented in the previous post , after the inability to break the supply area, the range of 530 to 545 faced correction, which after the correction in the Liquidity Area, it faced demand. After that, it entered an upward rally and then From the failure of the supply zone (545-53) and pullback, it entered the upward continuation phase. - As can be seen, after the correction in the Liquidity Area, a head and shoulders pattern has also been formed. - It is currently in the supply area. Therefore, in case of selling pressure, it can face the demand again by correcting in the bottom area of ​​the channel, and after the failure of the supply area and pulling back to it, it can continue its growth until the next supply area, which is also the ceiling of the ascending channel. 💎 In addition, if he can break the supply zone that is the range of the previous hundred fibo wave (the ceiling of the channel), he can continue his growth by pulling back to it until the next supply zone. ⚠️ Note: In addition, it should be noted that this upward wave should not enter the Liquidity Area, touching the number 470.9 will invalidate the upward scenario. ⚠️ »»»«««»»»«««»»»««« 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. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:BNBUSDT
Long
by alikze