BNB Short term : Short Price broke out of the trend line and formed a lower high yesterday.
Short position towards golden zone between 0.618 and 0.5 fibs
Binance Coin Monthly Chart ($300 - $333 Next!)This chart leaves no room for doubt. Binance Coin (BNBUSDT) closed red three months straight and is now trading red for the fourth consecutive month.
➖ The action is happening below $523 which is the 0.382 Fib. retracement level for the entire bullish wave that started October 2023. This is an impo
Trading Signal For BNBUSDT Trading Setup:
There is a Trading Signal to Buy in BNBUSDT BinanceCoin (1h) (futures)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 532.0
⭕️SL @ 520.5
🔵TP1 @ 575.0
🔵TP2 @ 600.0
🔵TP3 @ 624.0
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fi
Binance Coin 6X SHORT (Full Trade-Numbers — 196% BD-Pot)Binance Coin's chart (BNBUSDT) looks very similar to Bitcoin, with the exception of the bull-trap in June.
The bull-trap is the most revealing signal of all. It confirms that the bullish wave ended. If a bullish wave ends, a bearish wave starts.
The bearish wave is already in process and after the
BNB Long After price retraced to golden zone and bounced off 0.618 fib was looking for another entry to ride the up trend. A demand zone was formed between 527 and 536. Price retraced to this zone and bounced off again ( valid entry ) . Demand zone will act as new support (SL below).
Ride the long till aro
A triangle to watch for BNB Binance $BNB Although it is quite early, there is a nice triangle forming in Binance
BNB Ready to Rally to the Next Target Price ?1. Ascending Channel :
BNB seems to be trading within an upward-sloping channel marked by two yellow dashed lines, indicating a long-term bullish trend.
The price has bounced off the lower boundary of this channel several times in the past, confirming its significance as support.
2. Resistance Br
BNB Long Yesterday price formed a demand zone between 507 and 527. Today it broke and closed above that zone.
From trend view point the low of 472 is a higher low from the low of 400 .
200 day EMA looks to have become support at 509.
Potential long till 670
Head and Shoulders Suggests Bullish Breakout for BNB/USDT
Technical Analysis:
1. Head and Shoulders Pattern in Play:
The price of BNB/USDT is currently forming a Head and Shoulders (H&S) pattern, which is a classic reversal signal. The price is approaching the neckline at $600 , which is the key level to break in order to confirm the bullish
BNB/USDT Long Update Analysis:BNB is showing bullish signs, attempting to move above the recent consolidation range. Currently trading around key support levels, and if the resistance is cleared, a breakout is likely.
Technical levels to watch:
$210-$220, a crucial area that has provided a solid base recently.
$200, which is
See all ideas
Curated watchlists where BNBBULLUSDT is featured.
Interest-earning crypto wallets: Put your digital money to work
12 No. of Symbols
Proof of Stake: Seeking validation?
26 No. of Symbols
See all sparks