BNB just made a new ATH in the recent month, and now I expect a slight correction before it rockets to new highs. The main support I have in mind is around $456, with the main target at $1,570 and an optimistic target at $2,040
BNB still resides in the bullish zone in the H4 chart.
1. A bullish breakout of $603 sets Binance Coin on course for the $619 region, possibly prompting a temporary pullback.
2. A strong rejection of $590 steers the price towards $619, potentially extending to $646-$658.
3. Inability to sustain price action above $590 may induce sluggishness and...
Binance Coin is in the bullish territory in the H4 chart.
A bullish break-out of $603 will offer more upside towards $619 where the price action will be key.
A re-test of $590 followed by a bullish rejection will lead to a bullish move towards $619 and, possibly, higher to $646-$658.
An inability to sustain price action above $590 will result in a range-bound...
Daily Chart
Binancecoin is neutral in the daily chart and teasing the top of the daily range zone at $589.
An inability to break $589 to the upside will push BNB price towards $480, however the price action towards $480 will be slow and choppy.
If Binancecoin is unable to maintain price above $480, the daily support zone (marked grey) we will see BNB in the...
BNBUSD Weekly Chart Conditions for a Bullish Scenario
In the weekly chart, BNB is lingering around the key weekly support zone at $577 (or the range of $563-$597).
It has to maintain the price action and weekly candle closures above this zone, preferably above $597 to remain in the bullish territory.
A price consolidation above $597 will push BNB towards the...
Price action edged closer to the recent high, near $328. A move above the FVG zone ($331.5 - $333.7) and a lower high on 1 & 2 May could see a sell-off.
The likely drop could hit the support zone of $316 - $320 (cyan). The support has been steady since mid-March.
A close above the lower high ($336) will be an invalidation.
Entry: $331.5 (FVG’s lower...
Hi friends, hope you are well and welcome to the new trade setup of Binance coin (BNB) with US Dollar pair.
Previously we caught a nice trade of BNB as below:
Now on a 4-hr time frame, BNB has formed a bullish BAT for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and...
The MASKUSDT has a lot of strength right now, in addition to the buying volume that has increased in the last few days, we can see that it brokeout the triangle and the SMA of 50 and the SMA of 20 on the daily timeframe, in addition to that it made a bullish engulfing exactly at the bottom of the triangle, confirming the signs of a rise in that zone.
At the moment...
Hi friends, hope you are well and welcome to the new trade setup of Binance coin (BNB) with US Dollar pair.
Recently we caught more than 12% pump as below:
Now on a 4-hr time frame, BNB is about to complete a bullish Crab move for another bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
Hi friends, hope you are well and welcome to the new trade setup of Binance coin (BNB) with US Dollar pair.
Previously we caught a very trade of BNB:
Now on a daily time frame, BNB has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and...
Binance Coin broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 293 is expected to happen.
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price has fallen down to the support line and has been supported. We expect the price to go up to the confluence of the two resistances and then fall back down to the support zone. If the resistance area is broken the price will go up.
Warning: This is just a...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The green line was the resistance line which is now broken and is turned into the support line. The price is now below two resistance areas and is likely to come down to the support line. If it breaks the resistance zone, it will go up and we will update our...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. R1 was previously the support line which is now broken and is turned into the resistance. It has received support at the S1 zone. We expect it to make a pullback to the confluence of R1 and R2 and then fall more. If it is able to break that area, it will move...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has broken the R1 resistance. We expect it to completely break the R1 resistance, stabilize above it, and move toward the R2 resistance. S1 and S2 are the support areas but it is most likely for the price to go up and not down.
Warning: This is just a...
Short position from x20
Pending sell order.
Open a position strictly at the specified price, since after passing this level, the probability of a price decrease increases
Risk management per position 2-5%
Target and stop loss indicated on the chart.
All profitable trading
![BNBUSDT.P: Binance Coin BNB Technical Analysis [April 2024]](https://s3.tradingview.com/g/GJ0UsLEM_mid.png "Binance Coin BNB Technical Analysis [April 2024]")
