bnb - 🚧 Bullish now🚧 & many Traders don't see it 👀!!According to the descending channel drawn, I predict that Binance will grow
BNBUSDT.PS trade ideas
Binance Coin can exit from wedge and decline to support levelHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price not long time ago made an upward impulse from 305 to 321 points, thereby breaking the resistance level, which coincided with the seller zone. After this price entered to downward wedge, where it rebounded from the resistance line and in a short time declined lower than the 312 level, breaking it again. Next, the price made a retest and declined until to support level, which coincided with the buyer zone, and soon BNB broke this level too and declined to support line of the wedge. Then the price turned around and made a strong upward impulse to the seller zone, breaking the 296 level one more time. After this movement, BNB rebounded from the seller zone and made correction to the buyer zone, after which the price bounced and tried to rise, but failed and declined to support line. Recently Binance Coin rebounded from this line and started to move up, so I think the price can make a small movement up, after which it will turn around and continue to decline to the support level, thereby exiting from the downward wedge. For this case, I set my target at the 296 level. Please share this idea with your friends and click Boost 🚀
BNB/USDT WEEKLY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BNB/USDT update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BNB WEEKLY update.
BNB struggled to hold its own, which is why it closed the week without any significant changes in its price compared to the previous week.
Buyers managed to keep it above $300 at the time of this post, which is a positive sign. If the overall market sentiment improves in the coming days, BNB may also follow suit.
Looking ahead, this cryptocurrency has been found in a flat trend since the beginning of the year, and a major breakout is needed to take the price to the $360 resistance.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Bnb usdt on one week laterI think bnb usdt goes into to my trendline ,if its happening i have a long setup in daily timeframe
HelenP. I BNB can fall lower trend line and then make impulse upHi folks today I'm prepared for you Binance Coin analytics. If we look at the chart we can see how the price some time ago rebounded from the trend line and made a strong impulse up to the 288 support level, which coincided with the support area and soon broke this level. Later it made a retest and continued to move up to the 327 resistance level, which coincided with the resistance zone, and even rose to this zone, but soon BNB turned around and fell below and in a short time declined to the support level. After this BNB some time traded near the support level, after which it rebounded from this level and tried to grow to the resistance level, but failed and in a short time fell to the trend line and even lower than this line. But soon, the price turned around and started to trades near the trend line, but a not long time ago it fell back to this line and recently started to rise again. For my mind, Binance Coin will correct below the trend line, after which it turn around and make impulse up. That's why I set my target at the 315 level. If you like my analytics you may support me with your like/comment ❤️
BNB/USDT 1HInterval Chart ReviewI invite you to review the BNB chart, on a one-hour interval. However, here we will start by marking with blue lines a strong downward trend channel in which we have been moving for a long time, currently in the upper part. Moreover, we can mark here the zones that can be seen to have an effective impact on the price, there is a clear support zone, as well as a resistance zone for the price in the long term at the top.
However, locally, using the yellow line, we will determine a local upward trend where the price is struggling to stay.
Let's now move on to marking the support areas for the price and after unfolding the Fib Retracement grid, we can see that first of all we have support around $303, which currently holds the price, but if we go lower, it is worth marking an important support zone from $293 to $287.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that currently the zone from $309 to $314 has effectively stopped the growth, but if it is overcome, we can see an upward movement towards the strong support level of $321.7.
Looking at the RSI indicator, you can see a return to the middle of the range, which quickly results in a downward reflection, because on the STOCH indicator, a strong upward impulse resulted in a reversal in a similar place to the last one, and what's more, we can mark the trend line at which the indicator turned around.
BNBUSDT: A quick scalp opportunity on 4H candleBNB is bouncing back from the support and heading towards the next resistance after a strong bounce back from major support at 280.
Next target for the BNB is at around 320
This is a quick scalp opportunity with significant risk. So careful with your position sizing and make sure to keep the stoploss.
Entry at: 306-309
StopLoss: 303
TP1: 312
TP2: 315
TP3: 320
Cheers!
GreenCrypto
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BNBUSDT - Price can bounce from support line and start growHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
Some time ago price bounced from resistance level, which coincided with resistance area, and in a short time it fell to $290 level.
Then BNB some time traded between $318 and $290 levels, after which price fell to support line and started to grow.
Price rose to resistance area, but soon it turned around and made downward impulse to support area, breaking $318 level.
After this, price entered to triangle, where BNB bounced from support line and in a short time rose to resistance line.
Recently, price bounced down from this line to support line, where it continues to trades near.
Binance Coin can correct to support line, after which it bounce up to $315, thereby exiting from triangle.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Binance Coin(BNB): Which Way Will We Go?BNB is trading inside the sideways path, where it is currently trying to secure the middle line of Bollinger Bands.
We are waiting for the perfect setup here, which means to wait for the support or resistance zone to be reached and see how the price is going to reach that zone eventually.
After that (getting more confirmations), we can monitor further for a potential long or short position!
Swallow Team
BNB/USDT 4HInterval ChartI invite you to review the BNB/USDT chart, on a four-hour interval. As you can see, the price remains above the local upward trend line.
Looking at the price increase, it is worth spreading the fib retracement grid, thanks to which you can see the price fighting in a strong resistance zone from $308 to $314, and then there is resistance at $322.
Looking the other way, there is support at $303, followed by a strong support zone from $293 to $287.
The RSI shows room for a price increase, and the STOCH indicator shows another increase, which may limit the room for increases.
#BNBUSDTWith a price of $310.8, Binance Coin has the 4th market rank. In the 4-hour time frame, it is between two support and resistance ranges. According to the Fibonacci chart, if it supports this point and rejects the resistance range, the first and second targets of the round It is not out of mind. The main resistances ahead are $309, $300, and $291.
Technical analyst: Amir Hassan Salek
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BNB - Binance Coin breaking upBNB rising up on momentum against all the fundamentals odds! Reverse head and shoulder breaking with a neck around the 260$ and 270$ level, which as wing can accour and on which the price tend to create a trend.
Towards which levels? we estimates that the possibile potential 1 target could be around 340$ and 640$ for a medium term movement, as the creation of a possible trend persist with this strength.
Good trading!
✴️ Binance Coin | Another SHORT Entry (6-10X Lev)Binance Coin peaked 28-December 2023, a month ago.
It has been kind of sideways but still producing clear lower highs, revealing what's to come.
We already shared a similar trade setup but timing is important so here we go again...
The major portion of the bearish move is yet to develop. Once it starts going, it is going to be really fast and strong, why? Because the consolidation has been going for an entire month.
Normally when prices are set to drop, the drop happens right after the top... Here we see this dynamic and so we know that something big is going on.
With that said, market conditions can always change.
Make sure to do your own research and planning, as trading involves risk and while there can be big win, loses are also part of the game.
Thank you for reading.
Namaste.
BNB broke important resistanceBNB broke important resistance showing signs of strength. BNB will reach soon 310$
BNB projection weekly bullishBnb just made an accumulation at the low and now as started to push up. wait price to close above the supply zone red zone and to tap the same zone wich will be now a demand zone because price will be above it. Look to exit half your position at the tp1 and the rest at tp2.
$BNB #Binance Trading IdeaBNB Binance looks strong at the current moment, but it has more room to go down. That's what I believe. If you zoom in it’s inside this descending channel. Keep an eye on this channel/flag, cause it can always break to the upside.
BNB - Looking For Wave (C) Thrust To 20K...Based on the latest crypto analysis, I present my revised perspective on Binance Coin. The analysis suggests that the corrective phase of Wave (B) concluded in June 2022, finding support at $183.
Presently, we seem to be entering the initial phases of a 5-Wave Movement for Wave (C). Confirmation of Wave 3 initiation comes with a breach above $340. I consider the range between $183 and $340 as the optimal buying zone, and I anticipate the price to hover within this range, possibly until around April, influenced by the Bitcoin halving. During this period, it is advisable to employ dollar-cost averaging.
The 20K target is based on the measured move for the 10,000% upward movement observed in Wave (A). I will provide further updates as the accumulation phase gradually nears its conclusion.
BNB can rebound from the seller zone and start to declineHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price some time ago rebounded from the resistance level and made an upward impulse to 332 points, but then the price rebounded down and started to decline in a downward channel, where it fell lower than 308 level, thereby breaking it. Next, the price fell to the support level, which coincided with the buyer zone, after which it bounced up from this level and rose higher than the resistance level, thereby exiting from the channel. But soon, BNB turned around and declined to the 290 support level. Then price made an upward impulse from this level and later started to trades inside the range. In range, BNB rose to 321 points, and then made a downward impulse to the support level, breaking the resistance level with the seller zone. Price fell to the buyer zone, after which it rebounded and rose to the seller zone, but recently it turned around and fell below. At the moment, Binance Coin trades near this zone and I think the price can grow to the resistance level and, or to the seller zone and then start to decline to the support level. For this reason, I set my target at the 290 level. Please share this idea with your friends and click Boost 🚀
BNBUSDT: Bullish Flag (LONG)BNBUSDT.P is forming bullish flag on 4hr time frame, and also moving in bullish trend. so we wait for the break out of the flag for the confirmation of the next bull run and take a new long entry.
BNB/USDT 4HInterval ChartHello everyone, I invite you to review the BNB chart on a four-hour interval. Let's start by identifying with the blue lines the downtrend channel where the price goes towards the upper limit.
Now let's move on to marking the support areas for the price and after unfolding the trend based fib extension saitka, we can see that first of all we have support at the level of $291, which has already held the price several times, and then it is worth defining the support zone from $277 to $270.
Looking the other way, we can similarly determine the resistance areas and here we can immediately see how the price is struggling with the strong resistance zone from $300 to $304, if we manage to break out of it, it is worth taking into account the resistance at $315.
When we look at the RSI indicator, we can see that there is still room for the price to increase, but we have approached the downward trend line, and additionally, we have exceeded the upper limit on the STOCH indicator, which may translate into another price recovery.
