Long trade
Sat 27th Juky 24
Buyside trade
LND to NY Session
Entry 588.58
Profit level 603.92 (2.61%)
Stop level 585.65 (0.50%)
RR 5.24
Observed (trending inside th range)
Whykoff
BNBUSDT.PS trade ideas
Binance Will PumpThe chart says it all if you know were to look, it's truly that simple.
The fundamentals are the same, but the technicals are leading this one.
Use stops, be safe.
BNB-USDT 1D Hello everyone, I invite you to review the BNB to USDT chart on a one-day time frame. As we can see, the lines of the main upward trend and the downward trend intersect, creating a triangle in which the BNB price remains.
Let's move on to determining support and here, after decomposing the FibRetracement tool, we see support at $548, then we have strong support at $513, and then very strong support at $455.
Looking the other way, we will define the resistances in a similar way and here we can see how the price has approached a very strong resistance around $620, only when we manage to go up from it we will be able to see an increase to around $723.
Bear Flag : Short Position- Break out from ascending channel
- Divergence on MACD
- Pull back happened.
Looks like a potentially good short to me.
BNBFocus on Downside , wait for small timeframe retest then goes to proper Entry First Target 6 to 7%
BNBUSTdaily chart
SELL
TP: 567
The daily candle closed under 587 then the the indicator is sell and the tp is 567
BNB to collapse to $582...today!Targets for #BNB Short
Tp 1 🎯$585.6 -- 50% 💵
Tp 3 🎯$582 -- close 💵
(I'll only take partial at TP 1 if the market is hesitating to drop lower, main target is $582. Also I keep my targets open unless am going to bed or if I will be away because sometimes the market can flush drop or pump aggressively and you can make a lot more profit than if you have fix targets set)
Right now I'm just waiting for entry signal in the optimal time period after I see signs of whales entering the market. I don't trade bnb often, its kinda weird with the tick movement but it's a beautiful setup, with potential 4-5RR move.
So I haven't entered the trade as yet, just sharing just incase anyone reading want to follow along and have enough time to prepare . I'll comment on the post when I enter... if I enter so you probable need to follow to get notified.
$BNB will hold the support?#binance coin #bnb is sitting on the trend support. After the bounce at 54K, #bnbusd is moving in ascending channel. A bearish divergence has been formed in lower time frame. Breaking this support will be dangerous. Price must hold it to be bullish. Not financial advice.
Will BNBUSDT Crash Through Support? Key Levels You Can't Miss!Yello, Paradisers! Have you been keeping an eye on Binance Coin (#BNB)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details.
💎#BNBUSDT has been trading within a symmetrical triangle pattern on the 1D timeframe. Previously, We've observed a failed breakout which reinforces a bearish bias. Currently, #BinanceCoin is retesting the symmetrical triangle's lower support level, and there is a possibility that it might drop further.
💎The diminishing trading volume and POC of VRVP acting as resistance increases the chances of further drop. If #BNB fails to hold the support at the symmetrical triangle's lower boundary, it's likely to retest the Bullish Order Block (OB) around $460.3.
💎However, if CRYPTOCAP:BNB fails to hold at $460.3, the next support level to watch is at $422.9. This area is packed with liquidity and can create a good chance of pullback if tested.
💎On the contrary, If the symmetrical triangle's lower support level holds well, we could see the bulls taking control, leading to a bullish rally. The overall market sentiment and Bitcoin's movement will significantly influence #BNB's price action, so keep a close eye on these factors.
If you want to be consistently profitable, you need to be extremely patient and always wait for high-probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
BNB Consolidating Inside a Triangle Patter, Bulls in ControlBNB Consolidating Inside a Triangle Patter, Bulls in Control
Price Analysis:
The price is developing a triangle pattern which is showing the possibility for a bigger bullish movement.
In the 4-hour chart the price faces a strong resistance near 590 but after this bullish accumulation, we should see BNB resuming the bullish trend again.
For this reason, we have to wait for the price to break out of the triangle shown on the 60 min chart.
BNB may rise to 612 and 635 after the bullish breakout.
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❤️
BNB local longPotential accumulation range with a spring, so there is a probability to see price higher at the range high
BNB/USDT 1D Long TimeBNB is fighting to break out of the falling channel on top, it is currently struggling with the upper limit of a specific channel, as you can see, breaking out of the downtrend line with the top gave a strong upward signal.
Resistance lines are visible just above the upper border of the downtrend channel, while the next significant resistance levels are $666 and $724.
However, if the price is rejected and we experience declines again, we can see the first support zone from $564 to $544, then we have support at $509, and then the second very strong zone from $486 to $454.
BNBUSDT Buy SetupBinance coin Buy setup. We see triangle pattern on this chart, Bullish breakout is still active. 608 level is the target of this pattern. Risk reward 1:1.6
spotIn the crypto market, after each liquidity and receiving it
Spot buying becomes very important. You can buy in two stages of the current price and in the specified prices
BNB Shorting The Pullback IdeaHi Guys, this is a new setup, price already hitting a well respected supply zone, this mean there is two scenario, price is respecting and will go down or the price will be go trough, based on my analys there been an agressive selling in this zone and slower buyer, this is make perfect sense to be a pullback zone, so can short this one than go long when hitting the low. Please remember to only trade 1-5% of your capital per trade
BNB Speculation, Downtrend, Short trade after alertNow BNB between 580 and 554 Res level and lower POC.
The last time it fell about 35%. About 23% arose,
The price is lower than POC. In order to open a trade, you need to wait until Iseis is Res level.
If it rises, then I put an alert about 620 that Short.
BNBUSDT ShortBNB sell signal, Price is in strong Daily Supply zone , now we can see bears power to retest demand zone at 545 level. Risk reward 1:4
BNB-USDT Resistance BreakoutBNB-USDT Resistance Breakout
T1 - $2200 (Time Frame - 3 to 6 months)
T2 - $12200 (Time Frame - 6 to 18 months)
Condition - If breakout happens at key resistance level
BNB Eyes Bullish Breakout: Price Attempts Upward TrajectoryThe price of Binance Coin (BNB) is currently exhibiting interesting technical signals on the 4-hour chart, hinting at a potential bullish breakout. This analysis delves into the current price action, focusing on the 100-day Simple Moving Average (SMA) and the established bullish trendline, to gauge BNB's future trajectory.
100-Day SMA: A Benchmark for Momentum
The 100-day SMA acts as a crucial indicator of long-term momentum in the market. It represents the average closing price of BNB over the past 100 days, smoothing out short-term price fluctuations and revealing the underlying trend. Currently, the price of BNB is trading above the 100-day SMA, signifying a potential shift towards a bullish uptrend.
This position above the 100-day SMA suggests that the overall buying pressure for BNB is outweighing the selling pressure. Traditionally, a sustained move above this key moving average is often interpreted as a bullish signal, indicating that the long-term trend for BNB may be positive.
Bullish Trendline: A Guide for Direction
The 4-hour chart also reveals the presence of a bullish trendline. This line is formed by connecting a series of higher swing lows on the price chart, highlighting the overall uptrend direction. In an ideal scenario, the price should respect this trendline by finding support at its touchpoints.
The analysis points out that BNB has previously attempted to break above this bullish trendline, but faced selling pressure that resulted in a pullback. However, the recent price action suggests a renewed attempt to reclaim this uptrend. This retest of the trendline is a critical juncture, as a successful breakout could signal a continuation of the bullish momentum.
The Importance of Confirmation
While the current technical indicators are promising, it's crucial to emphasize the importance of confirmation before drawing definitive conclusions. Here's how confirmation can be established:
• Volume: A surge in trading volume alongside the breakout from the trendline would provide stronger validation of the bullish move. Higher volume suggests increased participation from buyers, reinforcing the uptrend.
• Technical Indicators: The convergence of other technical indicators, such as the Relative Strength Index (RSI) or the Moving Average Convergence Divergence (MACD), with the bullish signals on the chart can bolster confidence in the breakout.
Looking Ahead
The confluence of the price trading above the 100-day SMA and the retest of the bullish trendline paints a potentially optimistic picture for BNB. If confirmed by increased volume and supportive technical indicators, this could lead to a sustained price increase in the coming weeks.
However, it's important to acknowledge that the cryptocurrency market remains volatile, and unforeseen events can trigger price reversals. Continuing to monitor market developments and incorporating additional technical analysis is essential for making informed investment decisions.
Binance Coin (BNB): Looking For Rejection From ResistanceBinance Coin has been having a nice rally to upper zones, claiming unfilled FVGs that formed when we had a nice dump on the coin.
As of now, we are testing the 200EMA and approaching the upper resistance zone in 4-hour timeframe so this is the zone we will be looking for some weakness to kick in. It is still early to talk about it so let's wait for the zone to be reached and then look closer to the situation!
Swallow Team
BNBUSDT Path to $2500BNBUSDT Technical analysis update
BNB price has been trading inside a range for the last 1,230 days, with multiple rejections from the resistance of the range. Now, the price is moving towards a breakout, which could happen in 1-2 months. The price could reach the $2,000-$2,500 level in 2025.
HODL.
