BNBUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial adviseLongby Rising33BUpdated 4
BNB VS TON Friends, let's take a look at the market situation for two popular cryptocurrencies — BNB (Binance Coin) and TON (Toncoin). The charts show that both coins have very similar price movement structures, which could indicate potential opportunities. If we analyze the mechanisms of these coins, they are almost identical, but the TON chart lags behind BNB. Despite the news about Telegram, I see a lot of potential in the TON coin and expect its price to exceed $10 this fall. I’ve shown why I believe this on the chart.Longby Du_Trade4
BNB Pullback starts now! Hello, good evening to all! Here we go again on another analysis after scanning the crypto. This time, let's talk about BNB. In this analysis, we start by marking the trend line on the H4 chart and we see that there's a trend reversal in a clear head and shoulder pattern from uptrend to downtrend. Now that we're seeing downtrend - I also noticed that after going to H1 chart, it formed a double bottom. Based on my recent study, this is an indicator that the price will go up - it supports the H4 chart since after going down, it stopped for a pullback. Not a 100% accurate but we should be expecting the pullback will go to the level of resistance from the previous support and will either go down further. That's it from my analysis. Note: This is not a signal. This is just an application based on the analysis that I learned and testing it out. Share your ideas, and suggestions by commenting below to help me improve my trading analysis. Thank you!Longby jefersonroda5
BNBUSDT could reach the $4000 to $7000 rangeHello Traders, I'm excited to share my analysis on BNBUSDT using the weekly timeframe. Looking at the right chart on a standard scale, it's easy to feel confused 😕 as the broader picture is hard to see. However, switching to the logarithmic scale on the left chart, patterns and channels become much clearer. From this perspective, I anticipate that BNBUSDT could reach the $4000 to $7000 range around 12 to 24 months after breaking the resistance at $650. This analysis is focused on a long-term investment or a long position. I’d love to hear your insights and thoughts on this!Longby Eymen-GUVEN4
Binance Coin On The Decline: Chart RevisitedWe are not new to Binance Coin's bearish bias, we've been at it for a while. Things are different now, it is so clear that no single shred of doubt remains... Do you agree? We are looking at BNBUSDT on the daily timeframe and the drawings on the chart are self-explanatory, but, let's review them one last time before the crash. The failed signal/bull-trap in June is quite revealing, it literally reveals the top. Just as a strong breakdown leading to a lower low that quickly recovers is considered a bullish signal; in reverse, a strong breakout that quickly reverses is considered a bearish signal. A signal is just a signal, it doesn't mean down or up, only price action can confirm if the signal we spot on the chart is real. Price action confirms the bearish signals in this case. After June, BNB starts to produce lower lows. A crash in July, a crash in August and now we are set for another crash in September; the chart patterns are all exactly the same. A slow bounce that produces a rising wedge, the rising wedge breaks down after a lower high leading to a new lower low and then repeat the same. We are expecting lower on this and other major pairs. Prepare. Namaste.Shortby AlanSantana6613
Binance Coin (BNB): Rejection From Resistance ZoneBinance coin filled nicely our resistance zone and now is seeing a good rejection. If all plays out well, we should see another liquidity sweep happen in the lower zones, so keep an eye on EMA now. Swallow Team Shortby SwallowPremium226
Long trade Buyside Sun 25th Aug 24 3.00 pm LND Session PM Entry 572.72 Profit level 597.29 (4.29%) Stop level 567.95 (0.83%) RR 5.15Longby davidjulien369Updated 2
BNBFull send straight to Valhalla! I expect a BTC pull back tomorrow at NY Stock Exchange open, so want this to play out before day closes and go flat.Longby RossCFC883
BNBUSDTin case of sweeping liquidity, first short position is shown on the chart, econd entry on 15m OB is available according to the chartShortby arman_ariamanesh2
BNBUSDTMarket is bearish. after grabbing liquidity price pushed higher and reached to 4H POI. now i am waiting for a little upmovement to grab the liquidity and take this short positionShortby arman_ariamanesh6
BNBUSDT Momentum trade.One for the next few weeks... Higher time frame momentum play: Altcoins seem to have been sleeping, with only a few showing some signs of life. One that's showing early signs of life is BNBUSDT. It's possible for this to go up to $700 if we can get above this overhead resistance with some early momentum. Longby SACT_CAPITAL1110
Is BNB Ready for a Major Breakout? Here’s What You Need to Know!Yello, Paradisers! Have you been watching #BNBUSDT lately? You might be sitting on a goldmine without even knowing it. 💎#BNB is in the midst of a massive accumulation phase that has been developing over 1,265 days—this isn’t just a pattern, it’s a potential game-changer. Even more intriguing, a falling wedge is forming, hinting at a possible breakout in the days or weeks ahead. Could this be the moment we've been waiting for? 💎BNB has shown incredible resilience, holding strong at the $480 to $450 range. As long as these levels remain intact, BNB maintains a bullish bias, setting the stage for a potential breakout. 💎Keep an eye on the $555 level. This is where descending resistance and lower-time-frame horizontal resistances converge. If BNB can break through $555, the next targets are the $640 to $700 range. These are pivotal levels; breaking through here would push BNB toward the $880 to $920 range, where the pattern targets completion. Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴Longby MyCryptoParadise_JackUpdated 16
BNB: Bullish Triangle ConfirmedBNB: Bullish Triangle Confirmed BNB just completed a symmetrical triangle pattern and the price broke out after the accumulation. The price is retesting the broken resistance that has now turned into support. Chances are it may rise further from this area. It's a bit risky, but it can work well. The first resistance and target zone is found near 557 and the second and stronger zone is near 590 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby KlejdiCuniUpdated 3329
BNBUSDT.1DReviewing the BNB/USDT chart on a daily timeframe, we observe a complex pattern with a notable trend of fluctuation and recent signs of potential recovery. Here's a breakdown of the key technical indicators and patterns that frame the current market sentiment and outlook for Binance Coin. Key Observations: Price Movement: BNB has shown a significant downtrend marked by a descending resistance line (R1), which has consistently capped upward movements. The price is currently approaching this resistance line again, suggesting an imminent test. Support and Resistance Levels: Resistance Levels (R1 and R2): R1 is currently at approximately $503.7, with R2 higher at $613.5, indicating potential target levels if the price breaks above R1. Support Levels (S1, S2): S1 is marked at $401.8, with S2 lower at $300, providing critical areas where the price might stabilize if it retraces. MACD Indicator: The MACD line is above the signal line and both are ascending, suggesting a building bullish momentum. This could be indicative of a shift towards a positive trend if sustained. RSI Indicator: The Relative Strength Index is near 55, which is moderately bullish and suggests that there is room for upward movement before BNB becomes technically 'overbought.' Technical Analysis and Conclusion: The current setup on the BNB/USDT chart indicates a pivotal moment where the asset is testing key resistance at R1. A break above this line could signal a strong bullish reversal, potentially leading the price towards the next resistance at R2. The positive divergence in the MACD supports this potential move, suggesting increasing bullish momentum. However, if the resistance at R1 holds, we might see a pullback to the support at S1, or further down to S2 if bearish pressures intensify. The presence of a higher low compared to the previous spikes suggests a strengthening in market sentiment, which might underpin recovery attempts. Trading Strategy: Bullish Scenario: Consider taking a long position if BNB convincingly breaks and holds above R1. Set a target near R2 with a stop-loss slightly below R1 to manage risk. Bearish Scenario: If BNB fails to breach R1 and reverses, a short position could be considered, targeting S1. Place a stop-loss just above R1 to limit potential losses. Traders should closely monitor volume and other market dynamics for confirmation of these movements. As always, external factors such as market news, overall crypto sentiment, and regulatory developments should be factored into any trading decisions to adjust strategies dynamically.Longby MarsSignals1110
Where is bnb heading? long or short? The price will rise after the break and we will reach the stated targets, insha allah.Longby Lalakind6
BNB Is Forming an ABCD PatternThe AB=CD pattern is a four-point price harmonic, which involves a partial retracement of the initial price segment, followed by an equidistant move from the completion of the pullback. Not every impulse and retracement form an ABCD Pattern. I use it under two conditions: 1. AB is an Impulsive move. 2. Sharp retracement up followed by a sharp move down. Use a trendline as a guide. ABCD Targets: 1. A shallow continuation follows a deep retracement and vice versa. For example, if BNB retraces in C to 70% of AB, the D point is expected at 1.414. If it retraces to the 0.618 of AB, the D point is expected at 1.618. Your default should be the 1:1 extension. BNB is creating a nice ABCD With a target of 350$. Invalidation: Price > 544$ by NewThoughtCrypto2
BNB Is Forming an ABCD PatternThe AB=CD pattern is a four-point price harmonic, which involves a partial retracement of the initial price segment, followed by an equidistant move from the completion of the pullback. Not every impulse and retracement form an ABCD Pattern. I use it under two conditions: 1. AB is an Impulsive move. 2. Sharp retracement up followed by a sharp move down. Use a trendline as a guide. ABCD Targets: 1. A shallow continuation follows a deep retracement and vice versa. For example, if BNB retraces in C to 70% of AB, the D point is expected at 1.414. If it retraces to the 0.618 of AB, the D point is expected at 1.618. Your default should be the 1:1 extension. BNB is creating a nice ABCD With a target of 350$. Invalidation: Price > 544$ by NewThoughtCrypto2
Binance Coin (BNB): Looking For A Downward Movement Here!Binance Coin is back in-between EMAs while being below the major resistance zone on the daily timeframe. We are looking for a nice rejection to happen from the current market price up until the resistance zone so we are waiting for any signs of rejection for now, which would give us a good movement! Swallow Team Shortby SwallowPremium2215
#BNBUSDT Descending Channel, is Breakout possible?🔸After the market crash in August 5, BNB has seen a pullback of 35% sending the price from $401 to $545. Currently sitting at $535 below the 200 MA ($536). 🔹The reason behind the price movements has been the overall market behavior specially Bitcoin, if you have read my BTCUSDT analysis that i posted yesterday you can notice some similarities among these two pairs. 🔸Similar to Bitcoin, BNB is consolidating below it's 200 MA ($536) and the support at $510. With a little bit of positive fundamentals to push the bulls, Bitcoin price can possibly move higher and try to regain it's recent losses resulting in BNB to follow the flagship and break above the 200 MA ($536) 🔹From there if the next target for buyers would be the resistant line of the channel, if this resistance cracked the price can move up to $620, $645, $700 and $720. 🔸Conversely, if the pair stayed loyal to the Descending Channel and aimed lower, the $500 - $510 support will break the next target for the bears would be $460 and $400. Zanzibar TradingLongby Zanzibar_Trading6
Long trade Buyside Fri 16th Aug 24 20.00 pm NY Session PM Entry 522.14 Profit level 544.65 (4.31%) Stop level 517.27 (0.93%) RR 4.62 Longby davidjulien369Updated 666
Blood on the leaves.BNB is breaking structure and has also hit the top of the 0.5 Fibonacci level. Back in July, after reaching that point, we went down to the 0 Fibonacci level and are now currently looking for a relief crash down to 0.27 and then 0.618. We are also in the third wave down according to Elliott Wave Theory, completing the harshest wave. Last but not least, the structure is breaking out of a bear pennant. If you are familiar with price action and technical analysis, you can follow up and see that what I am articulating is accurate. Thanks for reading! :) Shortby swurveeydope116
BNB analysisIt is about reading the price pattern and the result of the indicators I will only share with you what the result of the analysis shows. This could be wrong. MDShortby MoralDiscipleUpdated 338
WAIT FOR PULLBACK AND BUY AROUND $519BNB is showing bullish momentum, and I remain optimistic about its upward potential. However, I recommend waiting for a pullback to the $519 level before entering a buy position. This level represents a key area of support, where the price is likely to find stability before resuming its upward trajectory. For this trade setup, my target profit zone is around $541, with a stop loss set at $512 to manage risk effectively. If the bullish trend continues, BNB could reach $560 shortly, offering a solid gain opportunity. Traders should closely monitor price action and confirm signals before executing the trade. Longby ForexClinikUpdated 666