BNBUSDT IDEAHello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About BNB (Analysis) The Ascending Triangle Has Confirmed Breakout On 1D Timeframe☑️ Expecting Massive Bullish Wave✍️Longby Henry_Crypto_Signals8
BNB 1000$ soon ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. DisclaimerLongby bullstraders73
BNB - Ranges overview BNB is currently breaking its highs and making new highs. Let's see how we play from here. Plan is simple and straightforward as always. Follow the market and the ranges. IF we fail to hold above 670$ and close back within the range (clean candle close) expect us to hunt the sellside liquidity resting around 540$ and 520$ IF we hold the current highs expect us to continue higher PLAN...BE PATIENT and EXECUTE Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.by Patrick2707331
BNB Bulls Charge Ahead: Uptrend Signals and Price OptimismBinance Coin (BNB), the native token of the Binance ecosystem, is currently displaying bullish signals across technical charts. This positive trend suggests a potential continuation of price growth shortly. Cruising Above the 100-Day SMA: One key indicator of BNB's bullish momentum is its position above the 100-day Simple Moving Average (SMA) on the 4-hour timeframe. The SMA represents the average price of an asset over a specific period, and the 100-day SMA acts as a line of support, indicating the overall trend direction. With BNB trading consistently above this level, it suggests a sustained uptrend and buyer dominance in the market. Breaking Out of Consolidation: Further bolstering the bullish case is BNB's recent breakout from a consolidation zone. Consolidation periods typically occur after significant price movements, and a breakout from this zone signifies a potential resumption of the previous trend. In BNB's case, the breakout suggests a continuation of the upward trajectory, potentially leading to new highs. Rising Momentum on the 4-Hour Chart: The 4-hour chart provides valuable insight into short-term price movements. In BNB's case, the 4-hour chart reveals strong rising momentum, characterized by a series of higher highs and higher lows. This momentum indicates that buyers are actively pushing the price upwards, further strengthening the bullish outlook. Surpassing the $700 Threshold: A significant psychological milestone for BNB was its recent climb above the $700 mark. This price point can act as a level of resistance, where sellers may attempt to cap further gains. However, BNB successfully breaching this resistance suggests a robust market recovery and increased investor confidence. Investor Optimism on the Rise: The technical indicators and price movements all point towards a growing sense of optimism among investors and traders. The positive momentum surrounding BNB is likely fueled by several factors, including: • Binance's strong brand reputation: Binance is one of the largest and most respected cryptocurrency exchanges globally. Its success can contribute to increased demand for BNB. • Expanding utility of BNB: BNB's utility extends beyond simply being a trading token. It can be used for various purposes within the Binance ecosystem, such as paying fees, participating in token sales (IEOs), and obtaining discounts on trading fees. This growing utility can drive demand for BNB. • Overall market recovery: The broader cryptocurrency market has shown signs of recovery in recent weeks. Positive sentiment in the overall market can have a spillover effect on individual tokens like BNB. What to Watch Out For: While the current outlook for BNB is positive, there are always potential risks to consider: • Market Volatility: The cryptocurrency market remains inherently volatile. Sudden shifts in sentiment or broader economic factors can lead to sharp price corrections. • Regulatory landscape: Regulatory uncertainty surrounding cryptocurrencies can dampen investor enthusiasm and impact prices. • Technical corrections: Even within an uptrend, there can be periods of price consolidation or pullbacks. These corrections are healthy for the market but can be misinterpreted by short-term traders. Conclusion: BNB's technical indicators and recent price action paint a bullish picture. Trading above the 100-day SMA, breaking out of consolidation, and surpassing the $700 mark all suggest a potential continuation of the uptrend. Investor optimism surrounding BNB and the broader market recovery further reinforce this positive outlook. However, it is crucial to remain aware of potential risks associated with the volatile cryptocurrency market. By carefully analyzing technical indicators, staying informed about market developments, and implementing sound risk management strategies, investors can potentially capitalize on the opportunities presented by BNB's current bullish momentum. Longby bryandowningqln5
BNB long term chart to 5 or 10k this cycle or 100k on next BNB has broken out of resistance BNB in long term log channel If BNB moves as per last period just after covid Mar 20 until May 21 it projects up to 5k to reach the upper part of the channel. This is a 10X move which happens in crypto BNB and Coinbase are major payers in a relatively new market its normal for early established players to capture the lions share of the market. BNB can earn a lot of money from its dealings in Crypto as a market maker especially if transactions increase as more assets are tokenised and crypto become more mainstream. BNB can 'square the range' its been trapped in a range - a target for breakout of the range is just to double the range. BNB may step up a couple of times using these range bound limits Longby William_Playfair4
BNBUSDT 1W LONG📈Hi all. Timeframe 1 week. BNBUSDT completes triangle formation. At 213.8 there is strong support. Spot recruitment is available now. Also long during breakout/retest. Marked goals/levels on the chart.Longby KvazarBTCUpdated 3323
Binance Coin (BNB): Bollinger Bands Exploaded / Major ResistanceWe are back with Binance Coin, where we are now looking at a slightly bigger timeframe. What is catching our attention is still that strong and major resistance zone, (which is currently being tested, but also the Bollinger Bands, which have been exploaded complitely. Usually, when Bollinger Band is expended like that near Resistance ( + we are in an overbought zone with RSI), there are some major moves to come soon. There's of room to move for a healthy correction, so keep an eye! Swallow Team Shortby SwallowPremiumUpdated 3
BNBUSDT IDEAHello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring BNBUSDT for a buying opportunity, BNBUSDT UPDATE Moving slowly but positively moving towards our target💸 ✅ Running in almost +15% profit💸so far💥Longby ATradeSniper113
BNBUSDT UPDATE #BNBUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about BNBUSDT Finally Hits our target ✅Longby Alex_Crypto_hub116
BNB (Y24.P2.Video1).Breakout trade and what nextHi Traders, Here are my thoughts on this level and what to watch out for in terms with fibonacci levels as well as structure and liquidity. Please give me a like and share, Regards, S.SAri13:49by ssari1
#BNB/USDT UPDATE !!Hello friends, welcome to this BNB/USDT update from Crypto Sanders. Certainly! Here's an update based on the recent movements and potential outlook for BNB (Binance Coin): Resistance: The key resistance area to watch is around $610. BNB recently bounced from the support level provided by the yellow moving average line. The price is now approaching the critical resistance level of $610. If BNB breaks above $610, it could signal the start of a new rally. Traders should monitor the price action around this resistance level closely. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.Longby CryptoSanders9563Updated 10
Start the crypto market with BNB? BNBUSDT : If it breaks the range of 630 and the candle closes above it And the pullback is done, we can expect the specified range to move But keep in mind that this is the first and short-term target And if the price breaks our red trend line and crosses it Then it will move up to the blue trend line. You can open your position right now And set your stop below 489 Another stop can be 554. But keep in mind that the price may hit your stop in this area and move up. So, if you want to open your position at the same price, the safe zone is 489. If you want to wait, the price will cross 630 and complete the pullback Stop point 558 is suitable. Longby DisItsUpdated 6
$BNBUSDT-Formed Symmetrical TriangleDear Traders, We are convening a discussion focused on #BNBUSDT The Symmetrical Triangle Pattern is Formed In Case of Successful Breakout, Expecting a Bullish Move of 20% 🚀 Regards: AnnaTradeCharts #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:USDT CRYPTOCAP:PEPE CRYPTOCAP:DOGE NASDAQ:ALT Longby annatradechartsUpdated 30
BNB(BINANCE COIN) is ready to go up * 1D BNB seems to be undergoing ascending triangles and triangular convergence. It's currently attempting to break through the downtrend line at the top of the Ascending triangle and should be supported for further upside. I think it's about to break through. Let's see Longby untoldanalysisUpdated 8
BNB trade set up ideaWeekly time frame analysis BINANCE:BNBUSDT was one of the best performers of the last bull run. BNB retained its value relatively well ("only" -70% from ATH) during the bear market and formed a clear support zone around the 200$ mark from which it seems to currently be bouncing back to initiate the next impulse. The Bollinger bands are very contracted and flat, announcing a strong potential move. Daily time frame After a steep decline in June 2023, BNB is constructing a reversal Head and Shoulders pattern on a strong multi-year support zone. Volumes confirm the psychological construct of this trend reversal pattern. Strategy Buying on a daily close above 235$ Objective 1: Head and Shoulders neckline at 261$ (+12%) Objective 2: Top of the range at 336$ (+45%) Objective 3: ATH at 665$ (+190%) Invalidation Mental Stop: below the shoulder at 220$ If prices retrace to this level we will wait for the daily closing price then set a Stop loss ¼ or Risk below the daily close price. Risk = Distance between Mental stop and entry point. Longby pollux3000Updated 9914
BNBUSDT BULLISH BREAKOUT 💰 CRYPTOCAP:BNB is trying to fix above the Monthly Supply Zone💁♂️ Even if it's a correction case I am not looking for #BNB to go below Monthly Supply Zone 📈Our Mid-Term Target: 908$ BINANCE:BNBUSDT LEAVE LIKE AND COMMENT FOR SUCH MORE UPDATE ☺ #CRYTOEASELongby CRIPTOEASE6
BNBUSDT.1DAnalyzing the daily chart for Binance Coin (BNB) against USDT, we observe a significant price consolidation over the recent months. As of the latest data point, BNB is trading at $629.7. The chart is marked with several key resistance (R1, R2) and support (S1, S2, S3) levels. Resistance Levels: R1 at $649.1 and R2 at $724.8. These levels have served as strong psychological barriers where price has faced selling pressure. The break above R1 recently suggests a bullish sentiment that may attempt to test the R2 level if this momentum continues. Support Levels: S1 at $498.2, S2 at $398.5, and S3 below that which isn't clearly shown in the chart. The support levels indicate where buying interest has historically been strong enough to prevent further declines. Notably, the price hasn't tested S1 recently, indicating current market strength. Technical Indicators: RSI (Relative Strength Index) is at 56, which is moderately bullish and suggests there's room for upward movement before the asset becomes overbought. MACD (Moving Average Convergence Divergence) is showing a bullish crossover, which supports the upward price momentum observed. Price Action: The presence of bullish candlesticks breaking above R1, coupled with increasing trade volume, indicates an accumulation phase possibly by institutional investors, signaling strength. Conclusion: The technical analysis suggests a bullish outlook for BNB in the short term, provided it sustains above R1. Traders might look for entry points on small retracements towards R1, setting stop losses just below this level to manage risk. The next target would be R2, with a possible breakout leading to higher highs. However, any reversal and break below R1 would require reevaluating this bullish scenario. Always consider market news and broader economic indicators which might influence market sentiment and cause sudden shifts in price trends.by MarsSignals3
BNBUSD 1DBNB ~ Updated #BNB The retest of the support line of this pattern has been successful. Rocket Takes Off SoonLongby CryptoNuclear3
BNB/USDT ANALYSIShigher lows with bullish momentum candle toke last swing so wait for next day candle to confirm the continuation of upward moveLongby Mustafa_Abdel_Hadii4
BNB - 580$ long entryPretty sure we will see another drop into 580$ coming hours, which should print this weeklys low. But I have to say I'm not interested in holding this position for too long (weeks to months). BNB looked good after the breakout of the ascending triangle and I had a target of 1000$ (which could still happen), but I don't like the deep retest we are seeing right now, so just a swing trade for me :) Stay safe!Longby TV2882
Trade Signal: BNBUSDT PairDirection: Sell Enter Price: 698.8 Take Profit: 683.66666667 Stop Loss: 714.96666667 Justification: The recommendation to sell BNBUSDT at an entry price of 698.8 is based on multiple technical indicators identified through the EASY Quantum AI strategy. The factors influencing this forecast include: 1. Resistance Levels: The price has encountered strong resistance near the 700 mark, indicating it’s possible that a downward movement may follow. 2. Momentum Indicators: Momentum indicators such as RSI and MACD are showing bearish signs, suggesting that the selling pressure might increase. 3. Volume Analysis: There has been a decrease in buying volume, which aligns with a potential downward trend. 4. Market Trends: The broader market trends for BNBUSDT have shown signs of reversal, further supporting a bearish movement. By using the EASY Quantum AI strategy, this analysis provides a data-driven and algorithmic approach to decision making, aiming to enhance accuracy and reliability in forecasting the currency pair’s movement. Remember to monitor the trade and manage risk appropriately.Shortby ForexRobotEasyUpdated 0
Will BNB reach another new ATH>#BNB has been behaving nicely throughout the weekend sell off, still sitting on the uptrend support. Let's see if we can continue up from here after recently reaching a new ATH or if we break down to test the 507 area. by CryptoHyve_0