This is my own indicator built in order to spot reversals within a given range. The moving averages are also incorporated into de algorythm in order to ensure a quick but solid indicator.
Bullish pennant on BINANCE:BNBUSDT Not Financial Advice Fib retracements are drawn between the ATH and the 2022 low. Some levels are still very well respected. (The pennant's low, matches exactly 0.618 fib) We are very close to the pennant's convergence, so a breakout should be imminent. Watch for a breakout of the resistance trendline (solid orange), as...
BNB/USD (Binance) is having a tough time breaking above the ascending triangle to reach its all-time highs. After the news event, there was a strong bounce from the Golden Zone, which is a key demand area. However, there’s still a chance it could drop below the trend line and go down to retest the $477 level.
BNB can stabilize around the price of $550 and move towards the target of wave 5. If you are looking for great profits, join us and try to inform your friends by commenting and publishing this analysis.
Hi, I am waiting to add more to my holdings of BNB on the next breakout. IMO this is going to happen very soon. All trades and investments are posted on my twitter. Username below - @Goodland_UK
BNB/USD (Binance) has another chance to break out from this ascending triangle and reach its all-time highs. We're seeing a bounce from the Golden Zone (Demand). After breaking through this resistance zone, it could go all the way to its ATH of $692.6.
All we need to wait for the price accumulate more, it needs to break the yellow range, then the trendline. If the price break the yellow range, I will buy to catch the next wave...
Notice that this is the same chart setup we used before; Binance Coin bearish potential remains intact. The bearish potential is intact because BNBUSDT is still moving within a lower high compared to 16-March. Notice that the peak is very close to Bitcoin's; What one does, the rest follows! We do have a volume breakout in the last two days and the MACD looks...
📊Analysis by AhmadArz: 🔍Entry: 584.1 🛑Stop Loss: 580.7 🎯Take Profit: 587.8 - 590.6 - 594.3 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Trading Setup: There is a Trading Signal to Sell in BNBUSDT BinanceCoin Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 603.6 ⭕️SL @ SL: 613.6 🔵TP1 @ 566.0 🔵TP2 @ 542.0 🔵TP3 @ 509.5 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
In the previous bull market, BNB also experienced an upward trend. However, it seems prudent to be cautious from now on. This is because there is a possibility of a transition from a bullish trend to a bearish trend. If we take a look at a longer-term chart, we can see a harmonic bearish bat pattern. We can check if there's a good risk-reward setup on...
Binance coin is back, but this time in a smaller timeframe. As we can see on a smaller timeframe, the price has been moving neutrally below both 100 and 200 EMA. As we broke already, the EMAs price has been testing that same broken zone multiple times yet without any success or failure. What we need here is to see a good rejection, which would result in...
BNB confronts the formidable resistance at $594.45, testing the resilience of bullish momentum. A successful breach might propel BNB towards targets of $622.35 and $655.65. However, a retreat below $542.50 could signal a corrective move down to $481.25.
On the daily timeframe, the price has formed a sideways movement and reached the mandatory target of the seller's vector 7-8. The next relevant buyer's vector 8-9 has a potential target of $634. The price is currently in the middle of the sideways range on the daily timeframe. On the hourly timeframe, the price has also formed a sideways movement. The short...
Bullish pennant on the #BNB daily chart. It has bounced from the pennant support and Ichimoku. Targets are: $665.8 $714.6 $763.8
Here's my plan for BNB if it breaks this pattern. This triangle is very crucial to be broken to the uptrend. If the price breaks the triangle to the downside you can enter again a trade in a short position.
📊 Due to the decrease in the upward movement momentum of the price, if the $585 range is broken and the price stabilizes below it, the price may fall to the $570 range🎯, and in the case of the strength of the $555 range🎯🎯. 📊 Otherwise, the price may fall to the range of $615.
Under the daily timeframe, BNB has formed a triangular pattern, which holds considerable significance for the coin's future. If the price indeed confirms a bullish breakout from this pattern, there's potential for an upward rally. However, it's crucial to validate the breakout on the upper boundary before considering any long positions.