BNB 12h Action Plan for the coming weeksYesterday on the cryptomarket clearly reminded everyone what a crypt is and that, in addition to growing, it can also fall very strongly. Because a year of non-stop growth in the crypto market dulled the feeling of fear, caution and discipline in traders.
Now to BNBUSDT
In the previous global idea BNBUSDT, we wrote targets from above and the price did not reach $30 to the first of them, the maximum was $691 with a target of $720
And then the problems began, and we warned that below $400 for BNB would be very painful for a deposit.
In general, the price of BNBUSD fell by -45% yesterday and this is the average result of yesterday's fall on the cryptomarket, because some alts showed and -60% -75%.
BNB price reached the first liquid level of $275 and bounced briskly, below we had $210-230.
And a few days ago there was a short-term idea and here is its development:
If we look at the BNBUSDT chart today, you can see that buyers managed to close the bodies of two 12h candlesticks within the channel, and the lower shadows indicate liquidations.
This arrangement makes it possible to assume that the price BNBUSDT will bounce up to $480 in the near future , and then it will be necessary to closely monitor the behavior of the price and the general situation on the market.
After all, further, the price behavior around the $400 level will again be decisive.
If sellers are able to keep this level, then the way will open for growth again to $680
If the level of $400 does not hold back the onslaught of sellers and possible negativity in the market, then from below it will already be necessary to focus on $140-145.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Bnbusdtidea
BNB to DIP more in coming daysCrypto market is not going through a good phase at the moment and looks like this is far from over.
Even BNB has dropped to 500 level yesterday and going by the chart, looks like BNB has entered a correction wave, of which it has completed 1 stage of 3, at point A.
There would be a short recovery at point B at around 600. When it reverses from Point B, then we will have more confidence that it will be heading towards Point C in a 5 step movement.
Crypto is still moving in Bearish mode so trade wisely and keep your greed horses under control.
f you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends.
Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks.
Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
BNB heading for potential Breakout soonNow that Crypto market is back in action, after Bitcoin's tragic fall. Looks like Altcoins are ready to create ATH's again.
BNB is one that coin that has given some good results over the past few weeks.
Going by the chart, on a larger Time frame, it is moving in a symmetrical triangle. BNB has been pushed down twice from the marked Resistance zone.
May be in a day or two, it might try to test that zone again, and hopefully it will be able to break it to create a new ATH.
If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends.
Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks.
Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
BNB-The formation of Triangle pattern in wave IVIn the 3-day chart, the uptrend is crystal clear, which can be extended up to the target of $ 800 to $ 1,000.
In the 240-minute chart we can see the triangle pattern ,which has been completed in the range of $ 515. This movement is a good indication for the termination of the corrective movement, in wave iv from point 3.
BNB 12h Global Idea: Where price will go $1,300 or $230 For your attention a global idea for the BNBUSDT pair
And a few scenarios of how the price of Binancecoin might behave in the coming months
1) Smooth price growth within the channel to one of the three targets $720-815-890
2) If the channel is broken upwards, a rapid growth with a maximum upper target of $1300
3) If the price fixes below $400 , a possible continuation of the fall with the lower target of $215-230
Like the idea and write a comment , then tradingview will notify you that we have updated this idea, depending on what scenario the BNB price went through.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
BNB analysisAt 18th of April bulls bought the dip at 454$ which could raise the price back above. Bears are likely to defend the 550$ resistance if they manage to that then price may drop to 428$ and then to 348$ support.
If EMA20 at 550$ breaks upward then price may reach 600$ and then to 638$ and finally to 832$.
BNB To The Moon! - Fibonacci AnalysisBNB To The Moon! - Fibonacci Analysis
BNB looking good! It bounced back of Fib 0.6 and heading North.
Entry Point: $400 - $500
Take Profit #1 at $695
Take Profit #2 at $614
Take Profit #3 at $580
Disclaimer: This is not a financial advice. This information does not provide individually tailored investment advice and does not take anyone’s circumstances into consideration when discussing investments, nor am I registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any cryptocurrency.
BNB, Binance Coin - I'm waiting for a breakout pattern⚙️BNB creates a local range near an important key level. I expect the continuation of the movement in this range and squeezing to the level. Only in this case, we will create a great breakout pattern for a long position.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BNB 12h We took the $400 mark, where should the price move next?Since the goal of our previous idea in the BNBUSDT pair has fully worked out, it's time to take a global look at the chart and update the goals.
But first, still appreciate the development of our previous idea with dignity)
So, the goal of $400 (maximum $414) is taken, that is, who followed our idea was able to fix +75-80% profit , keeping part of the deposit in highly liquid BNB
As you can see from the chart, the BNBUSDT price skillfully moved upward in a channel, reaching its maximum value.
To continue moving further, the channel formation needs a correction.
The critical level of support maybe $300
With a favorable market, from this value, a possible recovery of the growth of the BNBUSD price to $385 to begin with.
If the cryptocurrency market completely goes into the stage of global correction, then the price of BNBUSDT may drop even lower into the liquid zone of $215-230
We don't want to scare anyone, we just write what we see on the chart and trade in parallel with the market trend.
Everyone knows the trading saying: "Trend is My Friend"?)
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
BNB good buy setup? 🏮Hello Traders. Hope every thing is fine.
Today I want to share my thoughts on BNB. As you can see BNB has broken out of the triangle and has managed to pullback to it and tested the triangle
as a support. So in my opinion you can open a nice long position here with the target of 421$ and stop loss at the bottom of the previous candle ( 284$ ).
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on BNB and don`t forget to comment what you think. ✌






















