Hello Traders, Here's my analysis on BNBUSDT.P long trade. Entry Target and Stop Loss is given in chart and here's he summary of trade.
Broke the downtrend structure 1H Tf and now retracing at golden pocket of FIB.R. Currently I am expecting a minor uptrend before going towards our long entry. Don't forget to leave your opinion in comment section and like the idea.
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...
Bnbusdt
"If there is a breakdown , I am anticipating a significant drop in value. It is crucial for BNB to maintain the support level that I have indicated on the chart. A breakdown of this support level could lead to a further drop in value, potentially down to the range of 310-260."
This one is showing strength against the overall drop of the market. It bounced from this support strongly and have come again here. I think a long is favorable here for the target of 327.
✈️ BNB
⭕️I think it will go up to 327.8 to 332 and drop from there
🔴322
🔴316
🔴311
🔴305
🔴300
🔮 I also placed an order for you, you can use it
🟢ENTER 1: 327.9
🟢ENTER 2: 330.7
🔴STOP: 333.5
🔴LEV max: 20
💻Capital max: 5%
Only a personal opinion
Weekly close for BNB is still not a bullish indicator.
Area 320 appeals to me since there has been a lot of rejection there.
examine something else. when he gets back to area 320
If there is a pending, there is still a chance for additional drop, with the 290–282 area being supported by the atr indicator.
I still expect the summer to be a long-term low, I hope I'm not mistaken and I don't miss the purchase, however, if it turns out that way, I expect to buy BNB at a price of around 152-160 USD/BNB and the subsequent rocket growth until February/March 2024
#BNB bounced back Excatly from my Daily Trend line. According to this it has done with retracement. We can try a Snipper entry with Stoploss just 1.38%.
Welcome to my channel! Here you'll find daily technical analysis of the latest trends in the crypto market. From Bitcoin to altcoins, I'll be sharing my insights and predictions to help you make informed...
I'm testing another likely trade, please take it with a grain of salt, low leverage. I could be 99% wrong as always, don't take this as financial advice and do your own analysis and consider the risks =D trade wisely and good luck
Bnbusdt
Support can be retested once again, if the interest of buyers is seen on support, BnB will definitely fly.
But for now be careful and show patient.
I am expecting a correction to 290-270$.
Remember: We only give Idea's from our experience and knowledge, it does not mean that it will be 100% correct, the market is always unpredictable, anything can...
We have a slight rejection at $325 by BNB, the same as on February 16, and January 23.
It rejects $325 and goes straight to $295. Pay attention to the movements, keep the stoploss close.
I hope serve something
Imagine being bearish in BNB lmao. Think of it anon, if BNB crashes crypto would be sent back to stone age. I've been a user on Binance platform for 7 years and I know enough to know this is all driven FUD by USA after FTX collapsed.
With that being said, knowing BNB is not going away after being put on the spotlight and gaslighted by american exchanges,...
#BNB DAILY TIME FRAME UPDATE
BNB made these two bullish patterns one is descending channel and another ascending triangle pattern.
BASIC INFO
What Is an Ascending Triangle? An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising...
