BNBUSD.P trade ideas
Analyse BNB USDT BNB is currently ascending pattern
Trade setup :
Buy entry 305, TP 1= 314, TP 2 =345; SL 300
Determination of major points in the weekly time frame in BNBDetermination of major points in the weekly time frame in BNB, It is important to identify the trend of this analysis
Crypto Binance BNBUSDT (Slightly Bullish)View on Crypto BNBUSDT (2 Feb 2023)
BNB seems to be meeting some resistant as it hit near the obvious level of 340~370 region.
Overall, it is still in the up trend and it may swing abit higher eventually first.
We shouldn't sell BIG just because of the small bearish candle.
I am still with the Slight Bullish Mode.
Let's see.
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BNB Update 2023-5-17It seems that the upward movement of BNB is not strong enough to move away from the bottom of the ascending channel. So, it is constantly at the risk of losing the bottom of the channel and reducing the price to 255 or even lower, and it is not possible to make a hopeful comment about it!
Note that this is a personal opinion.
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Es scheint, dass die Aufwärtsbewegung der BNB nicht stark genug ist, um sich vom Boden des aufsteigenden Kanals zu entfernen. Es besteht also ständig die Gefahr, dass der Tiefpunkt des Kanals verloren geht und der Preis auf 255 oder sogar noch niedriger sinkt, und es ist nicht möglich, einen hoffnungsvollen Kommentar dazu abzugeben!
Beachten Sie, dass dies eine persönliche Meinung ist.
BNBUSD (1H) - Bearish breakoutHi Traders
BNBUSD (1H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 312.30 support level. Only the upward break of 317.85 would cancel the bearish scenario.
Trade details
Entry: 312.30
Stop loss: 317.85
Take profit 1: 309.00
Take profit 2: 303.50
Score: 8
Strategy: Bearish breakout
Binance Coin: will $320 hold?News are reporting that the level of coins held with Binance exchanger are modestly returning after an outflow caused by the negative news which surrounded this exchanger in the previous period. However, the price of BNB is staying within a relatively lower range. After not being able to clearly break the $350 resistance line some three weeks ago, the coin found a support level around $320. BNB started the previous week around $340, but soon reverted to the down side, reaching its lowest weekly level at $320, where the coin is finishing the week.
RSI continues to move around level of 50, however, it seems that the market is more oriented toward the oversold side, rather than on the opposite. Moving average of 50 days slowed down its divergence from MA200 counterpart. It might be just a short break, however, if the move continues, it might lead toward the so-called “dead cross” in the coming period.
Charts continue to point on a short-term reversal in the coming period. During the previous week, a short support line at $320 has been clearly tested. The coin still manages to hold above this level, however, in case of persistent selling orders, it might be breached. In this case, the coin will test $300 short term stop, with currently low potential for $280. In case that a move toward the upside occurs, it could be until level of $330. A move toward the $350 resistance line is not probable based on charts at this moment.
BNBUSD PRICE PREDICTION -SUPPORT AND RESISTANCE -SIDEWAYS MARKETBNDUSD is not currently following any trend showing the market is currently moving in sideways direction. Support and Resistance concept comes into play in such scenarios. As Support and Resistance are meant to be broken so I have placed Sell Stop and Buy Stop orders at the breakout of support and resistance levels respectively. Sometimes, market crosses first Support and Resistance level and then move back so I have used breakout of 2nd Support and Resistance levels as my possible entry points.
TRADE PLAN:
REWARD: 2%
{
(TRADE 1 (Sell Stop) : 24.3 : approx USD 89.91 (REWARD),
(TRADE 2 (Buy Stop) : 27.2 : approx USD 89.91 REWARD)
}
RISK: 2%
{
(TRADE 1 (Sell Stop) : 24.3 : approx USD 89.91 (RISK),
(TRADE 2 (Buy Stop) : 27.2 : approx USD 89.91 RISK)
}
BNBUSD - BULLISH PATTERNNo bullish divergence was found as the price breaks the previous lower high and form new higher high and made a bull flag
Symmetrical Triangle PatternBINANCE:BNBUSD has formed a clear symmetrical triangle on my D1 TF, now with respect to BTC we expect a bullish breakout.
Binance: Excited! 😬Lately, Binance has been jumping up and down below the resistance at HKEX:347 excitedly, even hopping above this mark once to finish wave (b) in blue. To complete wave (c) in blue as well as wave ii in magenta, the altcoin should move a bit more purposefully, diving into the magenta-colored zone between $304.40 and $274.90. There, our crypto friend should gain enough upwards momentum to develop wave iii in magenta and thus make it above the hurdle at HKEX:347 effectively. There is a 27% chance, though, that Binance could skip the magenta-colored zone, climbing above HKEX:347 directly to expand wave alt.iii in magenta earlier already.
Binance Coin: potential for $300?Ongoing banking crisis with First Republic Bank didn’t have almost any impact on the price of BNB during the previous week. The level of deposits flowing from banks to the crypto market this time was reflected only in BTC`s price. This suggests that the majority of deposits were transferred in the first wave, during the collapse of SVB and Signature bank, and that similar banking crisis will have only minor effect on the prices of crypto coins in case that similar situation occurs in the future. However, on a positive side was the news that the total amount of BTC`s held in Binance wallets has been increased for the first time since the FTX collapse. This might be perceived as a first signal that market participants are slowly bringing back their confidence into Binance exchanger after some time of turbulent period. This will also be positive for BNB.
BNB reached its highest weekly level at HKEX:345 and swiftly reverted the price to the downside, ending the week with prevailing selling orders around $320. The RSI took the down-road, ending the week modestly below level of 50. This is one of the indications that the market is headed toward the oversold side. At the same time, positive development is that MA50 continues to diverge from MA200 counterpart, which continues to be supportive for the Golden cross.
Charts are pointing that short term reversal might continue in the coming days. There is some probability for the $300 support line to be tested in the coming days. At this moment there is no indication that the price might go lower from this level. On the opposite side, HKEX:330 might be tested again, still, without potential that the $350 might be reached in the week ahead.
BNBUSD (Daily) - Bullish breakoutHi Traders
BNBUSD (Daily Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 353.00 resistance level. Only the downward break of 314.00 would cancel the bullish scenario.
Trade details
Entry: 353.00
Stop loss: 314.00
Take profit 1: 376.00
Take profit 2: 414.00
Score: 6
Strategy: Bullish breakout
BNB LONG: Bullish trend on 15-minute candles!According to our analysis, BNB is likely to enter a bullish trend on 15-minute candles. We expect this to result in at least a 1% profit gain. It may be worth considering investing in BNB at this time.
bnbusd daily best level to buy/hold tp 100% gains🔸Hello guys, today let's review daily price chart for BNBUSD. Noteworthy compression in progress,
with a decent sequence of higher lows, so overall chart looks good for further gains.
🔸Sequence of higher lows set by 206 usd and 244 usd, expecting a new higher low near 287 usd.
Resistance overhead, so short-term progress/upside is limited. Decent pullback incoming in May.
🔸Recommended strategy bulls: bullish structure and compression in progress. However, expecting
one final pullback before we get a decent move. Bulls should wait for the pullback and focus
on buying lower near 287 USD. final TP bulls is +100% gains near 565 USD. good luck traders!
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LiteTrades AI $BNB-Interesting spot for CRYPTOCAP:BNB , consolidating above year-long resistance
-Technically this is a long trigger unless it loses 323
-Trend is green
BNB is doomedSeeing very similar price action to FTT, prior to collapse. Currently anticipating its demise sometime this year. Shorting anywhere between HKEX:330 -$400. Expected price sub HKEX:50 eoy.
Binance Coin: price is holdingConsidering general circumstances on the crypto market during the previous week, it could be noted that BNB had a relatively good week, compared to other major coins on the market. Namely, the price was following general market sentiment, but the coin managed to lose more than 1% in a single week. Although its price has been under pressure for some time now, considering generally negative news related to Binance exchanger, still, during the general market reversal, the BNB performed actually quite well. At the beginning of the week the price of BNB tested the resistance line at $350 but soon reverted to the downside and lowest weekly level at $315. BNB is ending the week around a short term stop, at level of $330. It was a pretty swift recovery within a week.
RSI reached a clear overbought side, after which, the price entered into short term reversal. Although the indicator reached level of 50, it has reverted the path toward the upside, finishing the week around level of 55. It looks like the market is still not ready to start the road toward the oversold side. Moving averages of 50 and 200 days continue to move as two parallel lines, questioning the Golden cross which occurred some time ago.
RSI shows that the market is still not ready for a course to the downside. Charts are showing that the coin is also not ready for a move to the upside. Although there is some probability that the price might head toward the $350 resistance for one more time, there is lower probability for such a move. Based on current charts, it is more likely that the price will revert once again toward HKEX:310 , which should be its reversal point back to $330.
BNB short Clear swing failure with obvious invalidation. Slightly late entry, size accordingly. SL pink line, TP green line. Magic internet money go brrrrrrrrr
BNB - LONGJust created a trend zone with support and resistance zones , im not giving you signals with where and when to Buy or sell.
You have all prepared, so just make it simple and follow the trend or wait for a breakout.
BNB drop, Short term buy opportunitySpeculative opportunity at short term:
- BNB is on a bull channel
- Dropped today failing to pass $350 (expected as uptrend was exponential)
- Correction at $325 (support holding)
- Bollinger bend broken from the bottom
Buy opportunity at HKEX:330 or below:
- Long safe 'R1' at HKEX:345
- Long risky 'R6' at HKEX:365 (if $350 is broken)
Caution, BNB is at Binance news exposure.
