SHORTBNB couldnt break this level may be after toch QMR weekly could break this level but every thing depends on BTC market for this time trend is shortShortby Rahman_as224
Bullish market with triangle correction patternDear analysts and traders, I trust this message finds you in good health and high spirits as you prepare to approach the upcoming week with renewed vigor. I extend my best wishes for continued success in all your business pursuits. It is essential to emphasize that sustained success in business hinges significantly on the consistent establishment and adherence to your principles. As an advocate of the Elliott Wave principle, I regard this methodology as a valuable instrument for market analysis. Over the past three years, I have honed my approach by amalgamating this principle with a meticulous evaluation of diverse market scenarios. I strive to mitigate market uncertainties by upholding a broad spectrum of market perspectives, enabling me to discern market structures with utmost precision. I am pleased to share my analysis with you, with the disclaimer that I do not offer buy or sell recommendations. My perspective on analytical ideas remains entirely impartial, and if my analysis aligns with your standards, it can serve as a compass for informed decision-making. I have enclosed my prior analysis of the same market for your perusal and comparison. All aspects of my analysis are clearly delineated for clarity. Nevertheless, familiarity with the Elliott Wave principle theory facilitates comprehension of the analytical concept. I apologize for the repetitive nature of the text, as my week is occupied with formulating analytical and educational ideas, as well as engaging in trading activities and managing my social networks. Due to time constraints, I am unable to provide textual explanations for every idea, hence the inclusion of a separate text alongside the labeling. Should the text be unclear, I am available to elucidate the key points. My rigorous study of the Elliott Wave Principle spanned nearly three years, during which my grasp and utilization of this invaluable tool evolved. My progress thus far stands as a tribute to the legacy of Ralph Nelson Elliott, whose brilliance underpins my accomplishments. May he rest in peace. I am grateful for your unwavering support and benevolence, and I eagerly anticipate your feedback and constructive criticism. May my analysis serve as a valuable asset in your business endeavors, and I remain yours sincerely, Mr. Nobody Previous analytical ideas Longby mehdi47abbasi79229
Binance Coin - The $70.000 price target is real!Hello Traders and Investors, today I will take a look at Binance Coin . -------- Explanation of my video analysis: Back in 2020 Binance Coin created a decent bullish break and retest of a horizontal structure which was followed by a rally of 10.000% towards the upside. After this rally, which ended in April of 2021, Binance Coin has been trading sideways ever since. Currently it seems like Binance Coin is preparing another bullish breakout, which could lead us all the way up to $70.000 in the future! -------- Keep your long term vision, Philip (BasicTrading)Long03:18by basictradingtv117
BNB : good base breakout base formation : - 2months + - around 10 WEMA - VCP - high breakout volume , low pullback volume - beakout downtrend line / horizontal lines Longby qidran111
#BNBUSDT | 4 HOUR TIMEFRAME UPDATE🏦 #BNBUSDT | 4 HOUR TIMEFRAME UPDATE As you can see on the 4-hour time frame chart, we have this big FVG from $623.82 to $610. After that the price reached this area bounced to the upside. We can look for confirmation on the 1-hour time frame to open a LONG position. The targets for this upward movement are $645, $690, and $720, and perhaps even the moon! 🌙 🐳 Invalidation below $585.90 Longby mrsignalllUpdated 5
Wyckoff re-accumulationThe picture perfect copy should tell you enough... BNB is ready to moon finishing it's LPS phase with a ascending triangle breaking into all time high...Longby seanwevers362473
#BNBUSDT | WEEKLY TIMEFRAME UPDATE#BNBUSDT | WEEKLY TIMEFRAME UPDATE One coin to add to your watchlist and keep an eye on is #BNBUSDT. Looking at the weekly chart for #BNBUSDT, the price has been ranging between $507 and $630. After every consolidation, we will have an expansion and we could expect that this expansion will be to the upside. The targets for this upward movement are $645, $690, and $720, and perhaps even the moon! 🌙 🐳 Invalidation below $585.90 Longby mrsignalllUpdated 4
BNB - LONG TERM -Binance Coin (BNB) is a cryptocurrency native to the Binance blockchain ecosystem. Initially launched as an ERC-20 token on the Ethereum blockchain in 2017, BNB later transitioned to become the native asset of the Binance Chain when it was launched in April 2019. BNB serves multiple purposes within the Binance ecosystem, including but not limited to: 1. Transaction Fees: BNB can be used to pay for transaction fees on the Binance exchange platform. Users who hold BNB in their Binance accounts can choose to use it to pay for trading fees, which provides them with discounts. 2. Token Sales: BNB is often used in token sales and initial coin offerings (ICOs) conducted on the Binance Launchpad platform. Participants can use BNB to purchase new tokens issued through Launchpad sales. 3. Staking and Governance: BNB holders can participate in various staking mechanisms and governance activities within the Binance ecosystem. For example, BNB holders can stake their tokens to earn rewards through the Binance Staking platform or participate in governance decisions related to the Binance Chain. 4. Utility and Ecosystem: BNB has utility across various products and services offered by Binance, such as Binance Smart Chain, Binance DEX (decentralized exchange), Binance NFT (non-fungible token) marketplace, and more. Additionally, BNB is accepted as a form of payment by various merchants and platforms that support cryptocurrencies. 5. Burning Mechanism: Binance periodically conducts token burns, where a portion of BNB tokens is permanently removed from circulation. The burning mechanism helps reduce the total supply of BNB over time, which may contribute to its potential value appreciation. Overall, Binance Coin plays a crucial role in the Binance ecosystem, serving as a utility token with various use cases and functionalities. Its integration into multiple Binance products and services, as well as its growing adoption, have contributed to its prominence within the cryptocurrency space.by clasaicryptoUpdated 115
BNB flagBNB continues with the formation of this tight flag. Expect explosive move.Longby ttrades0001
BNB's Pennant FormationBNB's pennant has been breached to the upside. Will the re-test confirm the move?Longby suckyUpdated 2
Binance Coin - Is the rally already over?Hello Traders and Investors, today I will take a look at Binance Coin . -------- Explanation of my video analysis: Binance Coin is currently clearly retesting a major resistance at the previous $700 level which was also the all time high of Binance Coin. Since we did not see a break above yet, there is simply a higher chance that we will see a (short term) move lower. If you are not in a position on BNB yet, you can potentially use this anticipated drop to enter a fresh trade. -------- Keep your long term vision, Philip (BasicTrading)Long02:19by basictradingtv447
🏦 #BNBUSDT | 1 HOUR TIMEFRAME UPDATE🏦 #BNBUSDT | 1 HOUR TIMEFRAME UPDATE We can look for confirmation to open a LONG position in the range of $609 - $603✔️ The objective for this UPWARD movement is to achieve $617 - $627 - $645 - $680 🔼 Invalidation below $593 ❌ Longby mrsignalllUpdated 2
BNB Breakout to ATHBNB broke out of a weekly Bullflag and reached new ATHs. This should be bullish for all of Crypto if it holds. Longby Cyranus0
Binance Coin (BNB) - a wide channelBNB has been oscillating in a wide channel since Feb last year (2021); almost ideal situation for swing traders. Now, since last Jun, BNB started a upward (impulse) wave and recently broke a major downtrend line, and now an inverted wedge as a correction pattern is almost finished. Can we see BNB reach the upper line of the channel? or even break the channel and ascend further? Yes? maybe? Well, not so soon. Have to wait for BTC to break some major lines, Fed's next Wednesday meeting and see how stock market will react! Also market is acting strange today: SPX up, DXY up and BTC is also up. So be careful :) Longby SaeedSalehiniaUpdated 117
Potential Ascending TriangleConsolidation range suggestive of ascending triangle or abstract inverted head and shoulders entry: accum when confident, add on breakout exit: 1.618 + measured move 711-771 stop loss: support breach 560 NFA Longby IAmSatoshi4
#BNBUSDT | 4 HOUR TIMEFRAME UPDATE#BNBUSDT | 4 HOUR TIMEFRAME UPDATE We can expect that #BNBUSDT will come to the zone of $577.80 - $568 (the grey area that you see on the chart). At that grey area, we can look for confirmation ✅ to open a LONG position. The target of this UPWARD movement is to reach $593.70 - $603 - $613 - $625 - $648 🆙 Invalidation below $560 Longby mrsignalllUpdated 116
Binance : 2 months consolidation breakout - 2 months+ base with drying volume - base formation on 10 weeks EMA line - first range expansion after a consolidationLongby qidran2
#BNBUSDT | 4 HOUR TIMEFRAME UPDATE#BNBUSDT | 4 HOUR TIMEFRAME UPDATE We can expect that #BNBUSDT will come to the zone of $584 - $570 (the grey area that you see on the chart). At that grey area, we can look for confirmation ✅ to open a LONG position. The target of this UPWARD movement is to reach $604 - $620 - $640 - $670 - $694 Invalidation below $557 Longby mrsignalllUpdated 119
BNBUSDTIt is completing the final wave of the triangle. The pattern of wave 4 is a combination.Longby imankohkan6
BNB/USD The entire primary trend.Logarithm. Time frame 1 month. Idea for understanding the main trend, secondary trends. Zones of accumulation and distribution of this asset of the most liquid and popular exchange (this is the main thing, the direction of thinking of the masses on a scale). Setting trends in the crypto market. This is how the trend of this crypto coin with its own blockchain of the Binance exchange looks like on a line chart. Potential news background in the future under the chart for price direction. 1️⃣Manipulation with the price of which (influence on the exchange and the turnover of billions) can very significantly affect the market as a whole, especially when the SEC announces that this cryptocurrency of this exchange is "outlawed" and is a "security" (the scenario of "probing the reaction" has already been launched in March 2023 for local corrections) or similar nonsense. 2️⃣Also remember the competition between the two superpowers, China and the United States, they will alternately supply each other with spokes in the wheels, as well as local news springboards for themselves (the race to monopolize and control cryptocurrencies, taxing, and so on). Percentage decline from price peak. Liquidity. The game is good/bad. Notice the % reduction. It has been preserved (liquidity, trust, suggestion) unlike other exchange tokens due to the good/bad play between the Binance (BNB) and FTX (FTT) exchanges. The sinking of the latter, and the redirection of financial crypto flows to the Binance (BNB) exchange from other exchanges (direct marketing about the reliability and unreliability of others, the disclosure (that's right) of some exchange wallets with large balances (the largest in the cryptocurrency market). Decentralization or centralization? State. Supervision. The right to create money out of nothing. It's all pre-planned game, it's not an accident. Think about how the state and the digitalization process in general are connected with this. After all, such billions of dollars of financial flows to liquid exchanges, as well as the control of USDT / USDC (and other small stablecoins) cannot be outside state supervision. Who thinks otherwise I feel sorry for you in the future. Think about what would happen if the "state" gave the right to create money out of nothing to someone else. Is it possible? I think no. Is it a mimicry of new experimental trends to improve the financial system. And it is right. 📊Technical analysis. Secondary trend. Zones of accumulation and distribution. Look first at the monthly time frame (publication), then below the local area chart (weekly time frame, less makes no sense). Please note that the price is now at the lower zone of the ascending channel, there is a small "drop-out" from the channel on the monthly time frame (this is important). A flat with a % step between levels 218 - 327 has been going on for 14 months (426 days!). Now the price is near the lower zone of this flat trend (1311% of the average price of the previous set, not a minimum). What do you think, gentlemen, is this accumulation or distribution?). 📊Technical analysis. Local reversal zone . Candles. Time frame 1 week. 📊Technical analysis. Local reversal zone . Linear (to show the trend). Time frame 1 week. 👁 Coronavirus. Super dump 03 2020 I would like to turn your attention to the time of the March 2020 corona dump. Here, the logic is very clearly visible on the chart of this exchange coin (direction of financial flows, creation of liquidity, development of the exchange, attraction of new users). Long-term accumulation and super removal in the moment. Removal of all stop-loss under the accumulation zone at the moment by a huge percentage. Continuation of the set after that (I remember at that moment everyone was waiting for a further decline in the market, psychology). This is how this super dump looks on a line chart and is irrelevant from the position of the general trend. No matter how scary it was for some market participants at the moment. Always remember this and be prepared, whether you believe it will happen or not. 📊BNB/BTC. Technical analysis. Reversal zone . Candles. Time frame 1 month. BNB/BTC Main trend in full. Channel. Reversal zone. 📊BNB/BTC. Technical analysis. Reversal zone . Linear (to show the trend). Time frame 1 month. by SpartaBTCUpdated 383837
Key area to watchBNB likely to test these levels as it prints an ascending triangle. Could do a fakeout but one to watch for a breakout. Longby Fibonaccifibberz0
Binance Coin - A 10.000% TriangleHello Traders and Investors, today I will take a look at Binance Coin. -------- Explanation of my video analysis: After the beautiful break and retest on Binance Coin back in 2020, we saw an insane rally of roughly +10.000% towards the uspide. Then BNB topped out in the beginning of 2021 and created a descending triangle formation. We saw a bullish breakout on Binance Coin just four months ago and maybe we can even see a similar move of 10.000% towards the upside from here. -------- Keep your long term vision, Philip (BasicTrading)03:09by basictradingtvUpdated 4418
Binance Coin (BNB) UPDATE MAY 2024Hello Friends. How are you? today I wanna publish a new analysis of BNB It's not financial advice. please just read and do based on your strategy. Let me tell you something first. The market moved more than I thought. and it's really strange. when Bitcoin passed 42800 because Bitcoin did not react to this order block. let's not go into details. I used the Fibonacci channel. As you know, when we want to draw a channel, we need two points at the bottom and one point at the top. so, I drew a channel line. and finally, the price succeeded in breaking the top of the channel.so I activated the second channel line. we see the second channel line stopped the raising. and we had a very powerful pressure of selling. As a result, the price dropped to the top of the first channel line. and then the price raised to complete the pull-back to the broken midline and I expect to drop more. the first target is around 226 USD the second one is around 85 USD and the last one will be 35 USD. *** important notice: Finally, wait until the price reaches $35. The price movement in recent months is not important to me because I believe that the price should reach around $35 ******************************** I'm still counting on my pre-analysis and I believe that the best place to buy and hold Binance-coin will be the 3rd one. and the price will touch that place at a few months later. I'm sure about that. Please don't be fooled by Twitter and Instagram influencers. That's all. please think about that carefully. and know that Opportunities in the market flow smoothly like a river. Please don’t forget to write your comments ✍️✍️ like 👍👍 and Share 👌👌 this vision with your friends. And Tell me do you agree with me or Not? Please don't hesitate to write your comments below. ❤️❤️ Wish you the best ❤️❤️ Sincerely Yours Ho3ein.mnD Shortby Sticky-Stock332