Get started

Binance Coin / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BNBUSDT trade ideas

BNB: Pullback in UptrendTrade setup : Price is in an Uptrend. It broke out of an Ascending Triangle and above it's ATH of $692 from May 2021. It reached $720 but got overbought (RSI ~ 80) and pulled back on some profit taking. This pullback near $600 level is an attractive swing trade entry in Uptrend with +15% upside potential back to $700. Stop Loss (SL) level at $580, just below prior swing low. Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3. Trend : Short-term trend is Down, Medium-term trend is Strong Up and Long-term trend is Strong Up. Momentum is Bearish ( MACD Line crossed below MACD Signal Line) BELOW days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $500.00. Nearest Resistance Zone is $720.00.
Long
by altFINS
3
A sad story for crypo is right around the cornerFrom my previous post where I started out having a bullish tunnel vision it actually ended up with me continuing to short bitcoin and make a really good ROI. Now that bitcoin has been gotten rejected from a strong resistance zone and has also created a big descending triangle I think BTC is ready to rip to the downside. It is currently backtesting the resistance zone from the descending triangle but when it is ready to continue the pattern I think we will go down fast. The next support zone will then be between roughly 57-59k USD. That would be a 10% drop and in my opinion it could be the beginning of the bear market already. According to pattern recognisation and fractals it is fully possible that we will see that 70-80-90% drop much earlier than previously thought. The RSI on weekly is extremely overbought and the MACD has also flipped bearish here. This is signs we should take to consideration when trading btc. Whatever happens with bitcoin I will try to make my own profits by shorting BNB since it both follows the same principles and it is known that most of the other coins follow the bitcoin price in some sort of way. The technicals are looking beautiful for shorting BNB as it looks right now. We are getting a rejection from a key resistance level on the weekly, the MACD has just flipped bearish and the RSI has been extremely overbought here too. I think it is very likely that we will move rapidly towards the 180-260 USD support zone. Some consolidation down at this level would also be good to look at. That is at least what happened last time we dropped down there. Whatever happens I will make sure to risk free my trades and move the stop loss downwards as the price moves down. As long as it is technically possible. I also think gold soon will lose a lot of its value but I will write that in another post. Have fun trading guys and thanks for sharing your opinions!
Short
by Madmantrades
5
BNBUSDT.1DIn this professional analysis of the Binance Coin (BNB)/USDT daily chart on Binance, we are examining the key technical indicators and price structures that may affect the future price movements of BNB. Price Action and Support/Resistance Levels The current price of BNB stands at approximately $594.1. The chart presents a structured view with key resistance (R2) and support levels (S1, S2, S3, S4) defined. The highest recent resistance is marked at $724.1 with the latest price falling below this peak. The primary support levels are indicated at $625.5, $498.2, and $398.5, which help in identifying potential bounce-back points or areas where price might consolidate. Technical Indicators MACD (Moving Average Convergence Divergence): The MACD line is below the signal line and close to zero, suggesting a decrease in momentum and a potentially bearish outlook in the short term. The negative histogram further indicates that the bearish momentum could be increasing. RSI (Relative Strength Index): The RSI is slightly below 60, which indicates a somewhat bullish momentum but nearing neutral territory. This suggests that while the market is not excessively overbought, there is also no strong bullish momentum at present. Chart Patterns The chart shows a range-bound movement with periodic tests of the aforementioned resistance and support levels. Recent price movements suggest a potential downward trend toward the next support level if the current price continues to decrease. Conclusion Given the current technical analysis of BNB/USDT, the market seems to be in a cautious phase with a potential bearish bias due to the MACD's positioning. However, the RSI provides a slightly conflicting signal, suggesting some remaining bullish sentiment. Investors and traders should monitor these indicators closely along with any geopolitical or economic news that could influence market sentiment. The key will be to watch for potential rebounds off support levels or a breakthrough above current resistance, which would necessitate a reassessment of the bearish outlook. As always, maintaining a balanced perspective with stop-loss orders to manage risks is advisable in such volatile environments.
by MarsSignals
Trade Signal: BNBUSDTDirection: Buy Enter Price: 602.5 Take Profit: 622.4 Stop Loss: 589.2 I am providing this prediction using the EASY Quantum Ai strategy, which has analyzed various market factors to come to this conclusion. 1. Technical Analysis: According to our proprietary indicators, BNBUSDT is currently showing a bullish trend. Moving averages and momentum indicators support an upward price movement. Historical resistance and support levels have been identified precisely at our take profit and stop loss points. 2. Market Sentiment: Current news and social media trends reflect positive sentiment towards BNB. Recent headlines surrounding BNB developments and partnerships are likely to drive demand. 3. Volume and Liquidity: There is a significant volume increase, indicating strong participation, which usually precedes price movements. Higher liquidity at this level reduces the risk of sharp drops and supports the forecasted target. 4. Macro-Economic Indicators: Broader economic conditions, such as favorable regulatory news and a positive outlook on the cryptocurrency market, provide a conducive environment for a price rise. Based on these factors, the BNBUSDT pair is expected to ascend towards our take profit target of 622.4 while maintaining a safe stop loss at 589.2 to mitigate potential downturns.
Long
by ForexRobotEasy
BNB support and consolidationPrice seems to be stabilizing around the 600 level. Which seems to be the newest support to be tested. Initially, we saw a strong upward trend, with higher highs and higher lows. This uptrend was followed by a period of consolidation, where the price moved sideways. Recently, the chart shows a sharp correction from the recent high, breaking down past support levels. The current market sentiment shows bearish pressure in the short term initiated with the formation of strong bearish candlesticks at the recent high. The current price action lead there is a potential support forming here, with the next support levels located at 580 and 550 for accumulation purposes. The new distribution range should be placed above 700. The range plotted here would help us to keep a close eye to the action, and also manage risk efectively
Long
by Dantawe
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.
Short
by ForexRobotEasy
#BNB reaches the staged support zone📊#BNB reaches the staged support zone✔️ 🧠We made adjustments as expected after completing the weekly-level bull target. The current price has reached a staged support area. If a new bull structure can be formed in this area, it will be worthy of our attention and participation. 👀 ➡️Because at the monthly level, we have opened up a higher space, so trading with the trend will always be much smoother than trading against the trend. So we closed the short order we held. 💰🍻 🎉Congratulations to all the friends who followed Wolf King to print money. 💰🍻 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BNBUSDT.P
Short
by wolf_king888
1
BNBUSDT.1DThe BNB/USDT daily chart demonstrates a recent bullish momentum, with the price reaching as high as the R2 resistance level at $724.8 before experiencing a slight retracement. Currently, the price is near the S1 support level at $625.1, which is acting as a pivotal area for potential future price action. The Moving Average Convergence Divergence (MACD) indicates bullish momentum, as evidenced by the MACD line being above the signal line, although the positive momentum is decreasing as the histogram bars are shortening. This suggests that while the bullish trend may be slowing, it has not yet reversed. The Relative Strength Index (RSI) is right at the midline (50), indicating a balanced market condition between buyers and sellers. This neutral RSI suggests that there is potential for the price to move in either direction, depending on how market sentiment develops. Given this analysis, if BNB maintains its position above S1 ($649.1), it may have the strength to retest the R2 level. Breaking above R2 could potentially lead to higher prices towards historical highs. However, if the price breaks below S1, the next support to watch is S2 at $498.2, which could serve as a lower boundary in a more bearish scenario. Investors should watch these levels closely, as they will likely dictate the short-term direction of BNB’s price movement.
by MarsSignals
BNB Price Analysis BNB is in an uptrend but the rally is facing resistance at $721.8, suggesting profit booking from short-term traders. Currently, the price of BNB is testing the EMA21 and is very close to the $630.3 level where a breakout occurred. If the price of BNB holds the support and bounces back from here we can see a good bullish move. If the price closes below the support at $630.3 and the trend line this might drag the price to $495.8. There is very little chance for the price to break the trend line because if the price breaks the support it will test the trend line and EMA 55 at the same time and from here the price could bounce back to the upper level.
by TheCryptoCity
2
Trade Signal for BNBUSDT PairDirection: Sell Enter Price: 684 Take Profit: 657.93333333 Stop Loss: 711.03333333 Analysis: Our forecast for BNBUSDT predicts a downward movement. This prediction is grounded in our EASY Quantum Ai strategy, which analyzes various market indicators to provide a reliable prediction. Several key factors have influenced this signal: 1. Technical Indicators: The EASY Quantum Ai system has identified bearish patterns in the technical indicators, suggesting a potential decline in price. 2. Market Sentiment: Recent market sentiment shows increased selling pressure, which supports the prediction for a decrease. 3. Volume Analysis: There has been a significant uptick in sell volume, indicating stronger selling interest and potential downward momentum. 4. Support and Resistance Levels: Our system has detected that 684 is an optimal entry point based on historical support and resistance levels. This trade signal is generated with an emphasis on risk management. The stop loss is carefully placed at 711.03333333 to minimize potential losses, while the take profit is set at 657.93333333, aligning with anticipated price movements. Disclaimer: Trading involves risks, and this analysis is for informational purposes only. Be sure to conduct your own research and consider your financial situation before making any trades. Happy Trading!
Short
by ForexRobotEasy
BNB/USDT 1HInterval Chart ReviewHello everyone, let's take a look at the BNB to USDT chart considering the one hour time frame. As we can see, the price is approaching the point of exiting the triangle, after the current recovery. Let's start by determining the support line, as we can see, the price is based on a significant support at the level of $672, in case of breaking the support, the next support is $656, and then a very strong support at the level of $632. Looking the other way, you can see the resistance at the price of $682, ​​then there is a point at the price of $696, the third resistance is significant and has doubled the price increase at the level of $720, further resistance can be identified at the price of $736. When we look at the RSi indicator, we will see that the energy is approaching the lower limit. We have a similar situation on the STOCH indicator, but here we are bouncing off the bottom of the mark, which slows down the decline.
by cryptodailyuk
BNB - New ATHs are coming soon BINANCE:BNBUSDT (1D CHART) Technical Analysis Update BNB is currently trading at $676 and showing overall bullish sentiment sentiment. Price is currently retracing back to strong support. i think this support will hold and bounce back from there. We can enter a trade at current price and then DCA at lower price. Entry level: $ 676 Stop Loss Level: $ 588 TakeProfit 1: $ 715 TakeProfit 2: $ 761 TakeProfit 3: $ 820.3 TakeProfit 4: $ 909 TakeProfit 4: $ 999 Max Leverage: 5x Position Size: 1% of capital Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
2