Hi Fellow Traders, BNBUSDT has broken out of the symmetrical triangle pattern and is possibly heading for a crash. The price is plummeting below the lower trendline and has crossed below the EMA 200 line, signaling a strong bearish trend. To make matters worse, a Bearish Inverted Hammer has appeared after bouncing off the base pattern. This deadly combination...
BNBUSD got rejected at the strong resistance level. We expect it to have a short term bounce together with the whole market and if we retest the strong resistance level again, it will the most likely get rejected . 50 % drop coming. Beware The problem is that it went very parabolic in the bull market and there´s no much support so if we break our support zone,...
"Binance Coin (BNB) / Tether (USDT) Analysis In the BNB/USDT trading pair, BNB is currently testing a minor horizontal resistance on the hourly time-frame. This comes after a recent liquidation event. I anticipate that the price might surpass this level and rise towards the resistance range of $245 to $260. Please note: This information is only a suggestion....
What is a Bollinger Band Squeeze? • A Bollinger Band Squeeze describes a period in which volatility is extremely low. The narrowing of the Bollinger Bands signals low volatility. • There is a formula to calculate the level of the squeeze. However, for simplicity, I use the Bollinger BandWidth with High/Low References by Sinier, with a 180-day lookback period....
Sell: 242.4 -242.8 Stop: 243.2 TP: 2R and above with stop entry. Maximum TP: 231-234 Thank for your following. Like and share if you love my signal
Bnbusdt In this trading idea, we will be analyzing the current price action of Binance Coin (BNB) on the daily timeframe. The chart suggests that BNB is experiencing a bearish channel, indicating a downward trend in the market. As you may recall, if you have been following my previous predictions, we successfully forecasted the downfall of BNB when its price...
Based on my analysis, BNB should start growing from a price of $240. The targets could be $250, $257, and $275. The final target is $275, and the support trend line has now turned into resistance. ⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help." Don't...
Entered a long position on $BNB... Seems like DEX projects are hype atm... See #1inch and #SushiSwap... Even though #Binance isn't the most wanted DEX atm due to all the hiccups, I still expect it to keep up with the others... Be safe...
* BNB is still stuck in a range between 220 – 250 USDT. * Currently, it looks as if BNB is forming a Head and Shoulders pattern on the 4H TF. The neckline is at the 242 USDT Level. * The target for the Head and shoulders is 225 USDT. However, there is a daily demand zone between 231 – 236. I think it is possible for this demand zone to hold BNB’s price...
• The entry for this trade is based on a range-high retest (S/R flip). • The SL is based off a daily demand zone. • Take profit points are located before supply zones. Trade Idea: • Entry: 250 USDT • SL: 242 USDT • TP: 261, 277, 304 USDT • Target: 304 USDT • R: R: 1: 7.8
• BNB is trading in a range for the past 29 days. • Range high is 252$, the range low is 220$ and the mid-range is at 235.85$. • On July 6th BNB dropped below the mid-range and it is currently testing it as resistance. A failure to get back above the mid-range may cause s drop to the range low, maybe lower. • The only way that I see for BNB to avoid the 220$ is...
Bnbusdt Bnb is bearish I am expecting 20-40% drop incoming days Note : This is personal Opinion not financial advice Trade with your own risk and always manage risk If you like this idea make sure to follow us for more quick updates about crypto Good luck
TLDR: • Although the bearish pressure on BNB is reduced. It is not yet clear that the downtrend is finished. • To confirm a trade reversal, I will wait for a long signal from the TTM Squeeze indicator. Background: • BNB is in a continuous downtrend since the 17th of April 2023. • Fundamental news regarding Binance US has exacerbated BNB’s situation and...
On the 4H TF we can see a Head and Shoulders pattern. The target of this H&S is the 223 USD support level. IF the 220 – 223 USD level doesn’t hold, next support levels are: • 205 USD • 182 USD Be sure to take advantage of this opportunity. I am still not posting a trade. I need more clarity. However, if you are a holder, I think that buying spot BNB at these...
Yesterday, on June 22nd, BNB failed to break the resistance of 21D EMA and the upper boundary of the Ascending Triangle. Consequently, it also lost the triangle’s upward sloping trendline. During the Asian session BNB tested the diagonal line resistance. I am in no way bearish about BNB, but I think that BNB will go a bit lower before it tries for higher....
Binance Coin (BNB) Technical Analysis: BNB is trading at 278$ which is a strong level of support, we are expecting a good bounce up to the upper level of this symmetrical triangle and if it breakout this pattern then we can see some good bounce according to the pattern. we have 353$ and upper resistance of this rising channel 510$ or all-time high It can offer...
Price Action Analysis BNBUSDT has broken out of the double-top pattern. The price is moving below the EMA200 line, confirming a bearish trend. Additionally, an Ascending Broadening Wedge has materialized within this ongoing downtrend. The breakout of the lower trendline further suggests the potential for a downward movement toward the designated target area. ...
BNBUSDT (4h Chart) Technical analysis BNBUSDT (4h Chart) Currently trading at $316 Buy level: Above $316 Stop loss: Below $304 TP1: $321 TP2: $329 TP3: $338 TP4: $350 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts