In the crypto market, the largest assets are currently experiencing similar situations. On the charts, we can see that six assets have formed sideways trends. Prices for all six assets are currently at the bottom of these sideways trends. For four assets, the price temporarily dropped below the lower boundary of the sideways trend, where liquidity from sellers...
After experiencing a parabolic increase of 200% over 200 days, BNB coin has now reached a significant resistance zone ranging from $616 to $660. Current Market Perspective: Given the current conditions and Bitcoin's behavior, a correction and consolidation period for BNB is highly likely. For those who took positions at $255 following advice from Trade City Pro,...
Trading Setup: There is a Trading Signal to Sell in BNBUSDT BinanceCoin Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 603.6 ⭕️SL @ SL: 613.6 🔵TP1 @ 566.0 🔵TP2 @ 542.0 🔵TP3 @ 509.5 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
📊Analysis by AhmadArz: 🔍Entry: 584.1 🛑Stop Loss: 580.7 🎯Take Profit: 587.8 - 590.6 - 594.3 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Hi folks today I'm prepared for you Binance Coin analytics. A few moments ago price made a correction movement from the resistance level, which coincided with the resistance zone, after which turned around and rose back to this level. Then it made impulse down to the support level and then tried to rise, but soon continued to fall and in a short time broke the 562...
🔍As Bitcoin experienced a notable downturn today, catching many traders unaware, it's imperative to reassess market conditions and identify potential trading opportunities. In this analysis, we'll delve into the intricacies of Binance Coin (BNB) and explore various factors shaping its price action. 💎Binance, being one of the most reputable digital currency...
Under the daily timeframe, BNB has formed a triangular pattern, which holds considerable significance for the coin's future. If the price indeed confirms a bullish breakout from this pattern, there's potential for an upward rally. However, it's crucial to validate the breakout on the upper boundary before considering any long positions.
BNB still resides in the bullish zone in the H4 chart. 1. A bullish breakout of $603 sets Binance Coin on course for the $619 region, possibly prompting a temporary pullback. 2. A strong rejection of $590 steers the price towards $619, potentially extending to $646-$658. 3. Inability to sustain price action above $590 may induce sluggishness and...
Bullish on this short term. Bullish triangle formed with a lot of buy pressure from the 30min time frame. Target at $606 area or more.
Hello 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 Formation of the Ascending triangle Pattern in 1D timeframe✴️ Breakout may lead 20-25% increase in price💸✅
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About BNB (Update) On The Verge Of Massive Breakout In 1D Timeframe⚡️ In Case Of Successful Breakout Expecting Massive Bullish Rally✍️
Here we have a symmetrical triangle for Binance Coin vs Tether (BNBUSDT). This pattern for us has a bearish bias due to the fact that related pairs in the same situation are now bearish, take Ethereum as an example. The bearish action we see on the Ethereum chart can easily be duplicated on the Binance Coin chart. ➖ Market conditions can always change though...
📊 Due to the decrease in the upward movement momentum of the price, if the $585 range is broken and the price stabilizes below it, the price may fall to the $570 range🎯, and in the case of the strength of the $555 range🎯🎯. 📊 Otherwise, the price may fall to the range of $615.
Here's my plan for BNB if it breaks this pattern. This triangle is very crucial to be broken to the uptrend. If the price breaks the triangle to the downside you can enter again a trade in a short position.
In the previous bull market, BNB also experienced an upward trend. However, it seems prudent to be cautious from now on. This is because there is a possibility of a transition from a bullish trend to a bearish trend. If we take a look at a longer-term chart, we can see a harmonic bearish bat pattern. We can check if there's a good risk-reward setup on...
Here's my plan for BNB if it breaks this pattern. This triangle is very crucial to be broken to the uptrend. If the price breaks the triangle to the downside you can enter again a trade in a short position.
Long BNBUSDT, 8H entry 589.0 - 575.9 sl 536.7 tp scalp 641.3 tp1 691.8 (ath) - 715.3 tp2 798.2 move sl to entry after price reach 641.3 ; price shouldn't retest entry again. BINANCE:BNBUSDT BINANCE:BNBUSDT.P BINANCE:BNBUSD
BINANCE:BNBUSDT remains in a consolidation phase, as evident from the daily timeframe. The price has been oscillating between 515 and 615 levels, testing the upward trendline that emerged after the recent range breakout. Following the price's rebound after respecting the upper boundary of the downward channel, we've seen a significant daily bearish candle...