BNBUSDT trade ideas
Short BNB. May touch our entry area and go down It seems bearish in short time frame. Please properly manage the risk. Best of luck for the trade.
Take a long on BNBUSDT on a risk of 1:1 or 1:2 if you wishSince the arrows accroding to my sniper strategy have shown up proving also on higher time frames plus breaking and retesting of the support level
Binance Coin(BNB): Expanding Further The Bollinger. BandsBinance coin has been expanding further, making new highs in a smaller timeframe while not giving any corrections (which is crucial for healthy bullish movement).
We are monitoring to see a sign of weakness for a potential short-term position.
Swallow Team
BNB?USDT 1HInterval Chart ReviewHello everyone, let's take a look at the 1H BNB to USDT chart, as we can see the zena is staying above the upward trend line, and locally we can see an upside exit from the triangle.
Let's start by setting goals for the near future that we can include:
T1 = $570.8
T2 = $592.50
T3 = $608.4
AND
T4 = $627.6
Now let's move on to the stop-loss in case of further market declines:
SL1 = $547.1
SL2 = $535.3
SL3 = $514.6
AND
SL4 = $482.4
Looking at the RSI indicator, it can be seen that it has returned to the upward trend, with room for a possible continuation of growth. However, on the STOCH indicator we can see that it is approaching the upper limit, but it also has some room before recovery.
BNBUSDTA great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
Be patient and enjoy your profit
BNB looking bearish time to short I'm still bearish on the BNB . I still think it's likely we're going new LH and LL in the near future. This is a more short-term oriented trade and will only be activated under certain conditions.
Binance Coin can exit from pennant and decline to 515 levelHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price some time ago declined to 515 support level, which coincided with the buyer zone and at once rebounded and started to move up. Soon, the price reached a resistance level, which coincided with the seller zone and broke it, after which BNB rose a little and then made a correction below this level. Next, the price broke the 587 level again and later rose to 645 points, after which it turned around and started to decline in a downward pennant, where soon broke the resistance level one more time. After this movement, BNB made a retest of the resistance level and in a short time declined to the buyer zone, which later reached the support line of the pennant. Then price rebounded from the support line and rose to the resistance line, which coincided with the resistance level, but a not long time ago BNB rebounded and fell to the support line, which continues to rise near to this day. So, I think Binance Coin can reach the resistance line, after which turns around and starts to decline to the support level, thereby exiting from the pennant. For this case, I set my target at the 515 level. Please share this idea with your friends and click Boost 🚀
Cryptolean Binancecoin BNB UpdateYesterday Binancecoin failed to reclaim $586.
An inability to break $586 to the upside will push BNB price towards $504-$529 and, if unable to sustain price action above $504, lower to $455-$477.
A daily candle closure above the key daily resistance of $586 is required for Binance coin to have another bullish extension to re-test $635-$660.
BNB: Pullback in UptrendTrade setup : Price is in an Uptrend. It briefly broke above $600, however, it got very overbought (RSI > 80!) and was rejected at that resistance on some profit taking. Now we look for the right entry opportunity in Uptrend.
We wait for price to either 1) break back above $600 to signal continuation of uptrend, with +10% upside potential to $670 next, or 2) pull back near $500 support for another swing trade entry in Uptrend with +20% upside potential back to $600.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $500 (previous resistance), then $400. The nearest Resistance Zone is $600, then $670.
Binancecoin BNB UpdateBinancecoin is testing the key daily resistance of $586.
An inability to break $586 to the upside will push BNB price towards $504-$529 and, if unable to sustain price action above $504, lower to $455-$477.
A daily candle closure above the key daily resistance of $586 is required for Binance coin to have another bullish extension to re-test $635-$660.
BNB LONG Before the FOMCThere has being a great fall of the BNB since March 17 few days before the close of the LaunchPad poll. And looking at the chart we can see the W formation showing up below the 50 Days EMA with a confirmation candle of a rise just immediately after hitting the lower point for the 2 days.
We see BNB moving up to 533 before the close of the Month.
📈BNB Weekend Rally: Analyzing Upside Potential💎🔍Today is Friday, with just one day left in the trading week, and the market could still offer interesting moves. Hopefully, you've opened positions and profited. Yesterday, after some ranging, the market followed the anticipated pattern, with higher timeframes exerting more influence than shorter ones, propelling the market upwards.Today's focus is on BNB, which, like other assets, surged from the $507.6 support yesterday, gaining nearly 10%.
Currently, we're at the 0.382 Fibonacci retracement level of our downward move, and the reaction so far has been limited to a single red candle, indicating uncertainty about future movements.
💎The SMA7 indicator has reached the price level, indicating potential buyer strength, possibly initiating a new upward trend supported by the SMA7. However, if the 0.382 level is breached, the golden Fibonacci zone still acts as a barrier that the price must overcome.
📊A downside of this upward movement is the notably low volume of the candles, suggesting traders' lack of enthusiasm to engage in this trend.
💥The RSI oscillator has broken its midline and is hovering around 53.14. If this resistance is broken simultaneously with a price breakout, it could serve as strong confirmation.
🔒In conclusion, while the market is showing signs of upward movement, caution is advised due to the low volume and the presence of Fibonacci resistance. Confirmation from indicators like the RSI is crucial for validating the bullish sentiment.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.
BNB SHORT after FOMC as a DAY TraderAfter the strong rally from 509, today we see the V wap annoucing a retrace before the expect the Run.
Should we close our Initial LONG?
I would be thinking so but let us wit for the CONFIRMATION candle.
BNB/ USDTBull flag Formation 🔥
Once Price breaks out from here we will see a new upward movement.
Keep an eye on it.
BNBUSDT - IN BULLISH TRENDBNBUSDT is trading in Bullish Trend as it is showing higher highs and higher lows.
BNB LONGWell, done to those they took the BNB LONG
70% Profit in Spot
Follow and drop a Like for more calls. MAD LOVE
BNBUSD BNBUSDT up to 700 USD... then down to 400 USDBullish momentum to 700 USD upper channel line, then down to 400 USD, within 2 weeks
BNB/USDT Potential ShortRSI - With an RSI value around 57, BNB is neither in the overbought nor oversold zone. However, a declining RSI from higher levels might support a Bearish move...
MACD - Appears to be in a bearish crossover, Reinforcing potential for a short position
Elliot Wave - Suggestions of completion, of Bullish cycle and entering corrective phase.
Ichimoku Kinko Hyo / 200EMA / Many Indicators
Happy Trading.
T.
Please Follow and comment.
Thank you.
BNB/USDT 4HInterval Chart ReviewHello everyone, I invite you to review the chart of BNB in pair with USDT, on a four-hour time frame. As we can see, the price is moving in a downward trend channel, while a sideways trend channel is visible locally, which previously ended with another price drop.
As we can see, the upper part of the sideways trend channel is the beginning of the resistance zone from $539 to $553, only after breaking above this zone will the way for further increases towards the resistance at $589 and then further towards $614 open up.
Looking the other way, we see strong support at the $500 level, which is located at the lower border of the sideways trend channel, inside the descending channel. And the next strong support is the $462 level.
HelenP. I BNB will correct to trend line and then rebound upHi folks today I'm prepared for you Binance Coin analytics. A not long time ago price rebounded from the trend line and in a short time rose to the support zone, which coincided with the 505 support level. But, when BNB reached this zone, it rebounded and made little correction, after which it turned around and broke the 505 level. Then price made a retest, after which it rebounded and continued to grow to the resistance level, which coincided with the resistance zone. Price even broke this level, but at once turned around and fell below, but then BNB tried to rise higher again and failed. After this, BNB declined to the support level, which coincided with the trend line, thereby breaking the 602 level one more time. And a not long time ago Binance Coin rebounded from the support level and started to move up. Now, I expect that BNB will decline to the trend line, after which it turn around and continue to move up. That's why I set my target at the 574 level. If you like my analytics you may support me with your like/comment ❤️
potential longs on BNBat the moment the price is in accumulation, which is pretty good. I would wait for an exit beyond the level of 542 and consolidation there to open long positions to the target levels of 590 and 634
BNB-USDT BEARISH PATTERN ON 1H CHARTBNB-USDT shows a series of Lower Highs (LH) and Lower Lows (LL), indicating a bearish pattern. This suggests that we can profit by taking a short trade on the 1-hour chart."
