BNB 3 months accumulation about to breakout BNB / USDT BNB showed stability against BTC moves and printed Long accumulation in ascending triangle pattern since last march A breakout is expected soon ! Incase of successful breakout we can see strong bullish wave Keep an eye Longby BabenskiUpdated 8840
BNBUSDT IN CORRECT POINT It sounds like you're analyzing the BNB/USDT pair and noting that it has reached an all-time high, continuing to rise with strong momentum. The breakout and close above a significant range suggest a bullish trend, and you're aiming for a target around $730.00. Here’s a structured approach to evaluate this scenario: Technical Analysis Trend Analysis: Confirm the current trend. If BNB/USDT is consistently making higher highs and higher lows, it indicates a strong uptrend Resistance and Support Levels: Identify key resistance and support levels. Since BNB/USDT has broken out, the previous resistance level could now act as support. Volume Analysis: Check the trading volume. A breakout accompanied by high volume suggests strong buying interest and confirms the breakout. Moving Averages: Use moving averages (e.g., 50-day and 200-day) to assess the trend. If the price is above these averages, it’s a positive signal. Relative Strength Index (RSI): Ensure the RSI is not in the overbought territory (above 70). If it is, there might be a pullback before further gains. Fundamental Analysis News and Developments: Stay updated with news about Binance Coin (BNB), such as partnerships, network upgrades, or regulatory news. Market Sentiment: Assess the overall market sentiment towards cryptocurrencies. A positive sentiment can drive prices higher. On-Chain Metrics: Look at on-chain data like the number of active addresses, transaction volume, and holding patterns of large holders (whales). Risk Management Position Sizing: Determine the size of your position based on your risk tolerance. Avoid overexposure to a single asset. Stop-Loss Orders: Set stop-loss orders to protect against significant downturns. For instance, you might place a stop-loss just below the new support level. Take-Profit Orders: Consider setting take-profit orders around your target price of $730 to lock in gains.Longby MrCharlie13354
BNBUSDT: Strong Sell Coming Up! BINANCE:BNBUSDT Price have been consolidating since a long time now, we are expecting price to manipulate first which will take our buy side liquidity and then after we can see price to drop strongly. Please wait first for the price to do it thing and once it takes out the buy side liquidity and with the confirmation we can enter sell entry. **If you like our ideas, then please like, comment and follow us which will encourage us to bring you more educational ideas** Team Setupsfx_ Shortby Setupsfx_6613
Lingrid | BNBUSDT Ready for All-Time Highs? The price perfectly fulfilled my last idea. BINANCE:BNBUSDT has been consistently making higher highs on the 4H chart, and the market is currently testing its previous high. This development is significant, as the price has recently broken out of a triangle formation, a trend continuation pattern, and closed above it. The current price action is unfolding right below the previous resistance level on the weekly timeframe. If the price manages to break through this level, it's likely to propel BNB to new all-time highs. Furthermore, the weekly chart reveals an inside bar formation, which indicates that the market was heavily squeezed before the extension, and we're now seeing the price surge towards new extensions. My goal is resistance zone at 650 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby LingridUpdated 5517
A 800% move to $6000 for Binance token (BNB) by September?On the above monthly chart of BNB token there is easily an hour of topic to discuss. However attention spans amongst the equity providers do not afford a detailed explanation so the short version.. 1) Price action is in a legacy uptrend channel since inception with a confirmation of uptrend continuation (unlike LTC). 2) Price action is at resistance after three years of consolidation. This is the third test of resistance. Blue pointing down arrows. 3) Just as with May 2020 prior to the break of resistance, Stochastic RSI previously crossed above 80. (orange arrows). This is the same situation as today. Stochastic RSI remains with momentum for 182 days. Should history repeat, momentum continues until August / September. 4) The bull flag pattern confirms a breakout AND support. A measured move from the flagpole of the last resistance breakout takes price action to $6000. Is it possible price action corrects? Sure. Is it probable? No. Ww Type: trade Risk: <=6% Timeframe for long: You decide Return: 800% over the next 16 weeksby without_worriesUpdated 4414
BNB, Silence is deafening.. low key preppin BIG MOVES at bottom.BNB has somewhat been abandoned in terms of price growth in comparison with its big coin peers alongside other alts. It has stayed at the bottom range for quite sometime. A low key reversal maybe on queue that will be missed by majority. On our weekly data, BNB has tripled bounced on a solid order block at 220-240 range. This has been visited many times and it keeps bouncing off it for the past 12 months. This range is firm -- and a huge bounce maybe warranted after a few tries already. Increasing volume has been spotted this past few days with numbers surging +20% from its average numbers. The coin is currently sitting just above 78.6 FIB LEVEL -- a bargain that can't be missed. Histogram higher lows is being registered conveying of that a long term trend shift is about to materialize. A bubble up volume (bottom indicator) has finally appeared after 3 months -- since April 2023. If you missed the LTC, ETH, BTC bull train, BNB is kind enough to give you a chance. Spotted at 245 TAYOR. Safeguard capital always. by JSALUpdated 8823
The last bullish chance of BNB in Mid term !Hi. BINANCE:BNBUSD the BNB is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD) Note: we should wait for the breaking of the triangle and than make a move! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!Longby CobraVanguardUpdated 4465
BNBUSDT Hit New ATHBNBUSDT Technical analysis update The price of BNB hit a new ATH a few days ago. The price is now bouncing back after retesting the previous support at $670. We can expect a bullish continuation. Buy zone : Below $695 Stop loss : $655 Regards Hexa Longby HexaTrades119
BNBUSDT UPDATE #BNBUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about BNBUSDT Finally Hits our target ✅Longby Alex_Crypto_hub116
BNBUSDT IDEAHello 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 Moving slowly but positively moving towards our target💸 ✅ Running in almost +15% profit💸so far💥Longby ATradeSniper113
BNB on the Rise: Breaking New ATH and Eyeing Higher Targets🔍BNB (Binance Coin) is making significant moves. Here's an in-depth analysis to guide your trading decisions. 📆Coin of the Day: BNB (Binance Coin) About the Project BNB is the native cryptocurrency of the Binance exchange, used for trading fee discounts, transaction fees on Binance Smart Chain, and various other utilities within the Binance ecosystem. 🧩Technical Analysis 1-Day Timeframe This analysis focuses on longer-term trends, highlighting critical levels and scenarios. 📉Support and Resistance: BNB recently broke above a major supply zone, setting a new all-time high (ATH). The immediate support levels to watch are at $656.4, $617.0, and $589.8. A confirmed break below $589.8 could signal a failed breakout, while a hold above this level would confirm the breakout's validity. 📈Bullish Scenario: BNB's break above the supply zone and its new ATH suggest bullish momentum. If BNB can hold above the $589.8 level, it could aim for higher targets. Key resistance levels to watch are $813.5 (0.618 Fibonacci level) and $1072.8. 📉Bearish Scenario: If BNB fails to hold above $589.8, it could signal a fake breakout. The next support level would be at $517.2. Monitoring the price action around these levels is crucial for determining the trend's direction. 📊Volume and RSI: Volume has been low recently, which is concerning for sustaining a move higher. An increase in volume is necessary to confirm the bullish momentum. The RSI is currently at 67.38, indicating bullish momentum but approaching overbought levels. Key RSI levels to watch are 62.53 for support and potential bullish continuation. 💡Key Triggers: Monitor the price action around the $589.8 support level. A hold above this level, coupled with increasing volume, would confirm the bullish breakout. Conversely, a break below this level would indicate a potential reversal. 👨💻Trading Positions Long Position Entry Trigger: Hold above $589.8 with confirmation from RSI and volume. Strategy: Open a position on the hold of this level, targeting $813.5 and $1072.8. Use tight stop-loss orders to manage risk. Short Position Entry Trigger: Break and retest below $589.8. Strategy: Open a position if the price confirms a break below this level, targeting $517.2. Adjust stop-loss orders accordingly. 📝BNB has broken above a critical supply zone, setting a new ATH. Traders should monitor key levels and triggers for potential entries and exits. Volume and RSI indicate bullish momentum, but increasing volume is necessary for sustaining the move higher. 🧠💼Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2. 🫶If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.by itsparham96224
BNB - Ranges overview BNB is currently breaking its highs and making new highs. Let's see how we play from here. Plan is simple and straightforward as always. Follow the market and the ranges. IF we fail to hold above 670$ and close back within the range (clean candle close) expect us to hunt the sellside liquidity resting around 540$ and 520$ IF we hold the current highs expect us to continue higher PLAN...BE PATIENT and EXECUTE Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.by Patrick2707331
BNB is waiting for breaking upward upward break is more probable than other scenarios ,so waiting for this break for going toward its tp's . this analysis is based on fibo level and price action and ichimikou indication . please share your comments if you likeLongby MtICHIUpdated 555
BNBBNB is looking Bullish is making HH and HL in 1hour. Should be enter as i make the trading plan for it.Longby faraz068220
BNB UP to 830 or 850 rangeSymmetrical Triangle pattern clear on one day chart BNB, rising to 830 USD or 850 USDLongby diaaemadUpdated 556
BNBUSDT 1W LONG📈Hi all. Timeframe 1 week. BNBUSDT completes triangle formation. At 213.8 there is strong support. Spot recruitment is available now. Also long during breakout/retest. Marked goals/levels on the chart.Longby KvazarBTCUpdated 3323
Lingrid | BNBUSDT in CORRECTION phaseThe price perfectly fulfilled my last idea. BINANCE:BNBUSDT has reached an all-time high, riding a wave of momentum as it continues to make higher highs on the daily chart. The recent breakout and close above the massive range zone has been a significant development. Meanwhile, on the 4H timeframe, the market is showing a typical pullback after an impulse move, which is a natural corrective process. It's essential to pay attention to the weekly candle's close, as this will provide valuable insights into the market's future direction. Based on the current trend, I expect the market to experience a squeeze before extending its upward trajectory, potentially forming another compression channel in the process. My goal is recent highs around 730.00 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid1119
BNB Massively Undervalued? $10,000 Potential!BNB has been making some extraordinary moves last cycle, where it bottomed around $4.5 and made it to $700 during the next top. Looking at the chart, we can clearly see that BNB follows a bullish channel pattern. My assumption is that this channel will hold and that BNB will make a move towards the top of the channel. $10,000 is possible, it's a "mere" +5,000% move from bottom to top, as opposed to last cycle's +16,000%. Are you bullish on BNB? Share your thoughts.Longby FieryTrading121229
BNB trade set up ideaWeekly time frame analysis BINANCE:BNBUSDT was one of the best performers of the last bull run. BNB retained its value relatively well ("only" -70% from ATH) during the bear market and formed a clear support zone around the 200$ mark from which it seems to currently be bouncing back to initiate the next impulse. The Bollinger bands are very contracted and flat, announcing a strong potential move. Daily time frame After a steep decline in June 2023, BNB is constructing a reversal Head and Shoulders pattern on a strong multi-year support zone. Volumes confirm the psychological construct of this trend reversal pattern. Strategy Buying on a daily close above 235$ Objective 1: Head and Shoulders neckline at 261$ (+12%) Objective 2: Top of the range at 336$ (+45%) Objective 3: ATH at 665$ (+190%) Invalidation Mental Stop: below the shoulder at 220$ If prices retrace to this level we will wait for the daily closing price then set a Stop loss ¼ or Risk below the daily close price. Risk = Distance between Mental stop and entry point. Longby pollux3000Updated 9914
BNB(BINANCE COIN) is ready to go up * 1D BNB seems to be undergoing ascending triangles and triangular convergence. It's currently attempting to break through the downtrend line at the top of the Ascending triangle and should be supported for further upside. I think it's about to break through. Let's see Longby untoldanalysisUpdated 8
BNBUSDT IDEAHello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About BNB (Update) Running In +10% Profit So Far☑️ Moving Exactly As We Expected & Still Moving Towards The Target✍️Longby Henry_Crypto_Signals8
BNBUSDT IDEAHello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About BNB (Analysis) The Ascending Triangle Has Confirmed Breakout On 1D Timeframe☑️ Expecting Massive Bullish Wave✍️Longby Henry_Crypto_Signals8
Start the crypto market with BNB? BNBUSDT : If it breaks the range of 630 and the candle closes above it And the pullback is done, we can expect the specified range to move But keep in mind that this is the first and short-term target And if the price breaks our red trend line and crosses it Then it will move up to the blue trend line. You can open your position right now And set your stop below 489 Another stop can be 554. But keep in mind that the price may hit your stop in this area and move up. So, if you want to open your position at the same price, the safe zone is 489. If you want to wait, the price will cross 630 and complete the pullback Stop point 558 is suitable. Longby DisItsUpdated 6