Unstoppable BNB Bulls to $400 from $250? Explosive Ride!
Bulls are coming, $400 BNB loading.....Don't be deceived by the quietness surrounding BNB while other altcoins are pumping. This pump coming seems to be extraordinary, and it's a chance you wouldn't want to miss. Well sit tight for this one, If you want to join the BNB bulls ship before it sails, here is a free signal to get on board quickly if you read to the end you get free entry, stop and take profit but don't forget to click the boost button to support us if you agree and comment if you disagree.
Chart Analysis: According to MT Pandora's Box, The current support level on BNB around 245 to 250 indicates a potential breakout on the 4-hour chart. A higher low formation suggests a 65% chance of a bounce towards the resistance range of 263 to 268. If the bulls maintain dominance, further targets could reach 300. It is advisable to buy incrementally as the breakout is pending, considering the high volatility of BNB's price. The price may experience back and forth struggles, but once the breakout occurs, it could skyrocket to 409 to 569 if extended. The market sentiment suggests that the bulls are unstoppable, and missing out on this opportunity would be a mistake.
Here at MT traders, we have already started accumulating BNB at around 237. While it is uncertain if $500 will hold them, it's wise not to be too greedy with the take profit target
Moreover, the weekly chart shows a highly bullish market sentiment, and even a slight range entry by BTC could trigger more altcoins to break out, including BNB.
I will be constantly updating this post, so I encourage you to come back and check for updates. It's still a great opportunity to buy before it's too late. If you agree with this idea, please follow and click the "like" icon under this post. If you disagree, please comment below stating your reasons.
📈 🚨 #FREE MT BNB LONG TRADE SIGNAL 🚨📈
👉 🧿 ASSET:
BNB
(BNB/USDT)
👉 🧿 ACTION: LONG
👉 🧿 1st ENTRY PRICE: $248.3, $252, $254.5
👉 🧿 STOP LOSS: $226 (Risky stop 237) 👉 🧿 1st TAKE PROFIT: $268, 2nd Tp: $300 (extended TP: , $468, $590)
Remember to trade responsibly and always do your own research. Happy trading! 📈🚨
Chart Analysis: According to MT Pandora's Box, The current support level on BNB around 245 to 250 indicates a potential breakout on the 4-hour chart. A higher low formation suggests a 65% chance of a bounce towards the resistance range of 263 to 268. If the bulls maintain dominance, further targets could reach 300. It is advisable to buy incrementally as the breakout is pending, considering the high volatility of BNB's price. The price may experience back and forth struggles, but once the breakout occurs, it could skyrocket to 409 to 569 if extended. The market sentiment suggests that the bulls are unstoppable, and missing out on this opportunity would be a mistake.
Here at MT traders, we have already started accumulating BNB at around 237. While it is uncertain if $500 will hold them, it's wise not to be too greedy with the take profit target
Moreover, the weekly chart shows a highly bullish market sentiment, and even a slight range entry by BTC could trigger more altcoins to break out, including BNB.
I will be constantly updating this post, so I encourage you to come back and check for updates. It's still a great opportunity to buy before it's too late. If you agree with this idea, please follow and click the "like" icon under this post. If you disagree, please comment below stating your reasons.
📈 🚨 #FREE MT BNB LONG TRADE SIGNAL 🚨📈
👉 🧿 ASSET:
BNB
(BNB/USDT) 👉 🧿 ACTION: LONG
👉 🧿 1st ENTRY PRICE: $248.3, $252, $254.5
👉 🧿 STOP LOSS: $226 (Risky stop 237) 👉 🧿 1st TAKE PROFIT: $268, 2nd Tp: $300 (extended TP: , $468, $590)
Remember to trade responsibly and always do your own research. Happy trading! 📈🚨
Comment:
🚫Update on our active BNB Longs:BNB bulls are facing a significant obstacle with the support at 250. Breaking through and remaining below 248 puts our current long position at risk, as the stop at 226 could be reached. Although they initially broke the risky stop at 237, the price pulled back to 248 before facing rejection once again. We are concerned about the 226 support because, despite the ongoing long play, more accumulation is needed due to recent news affecting bulls. The prolonged sideways movement will aid in the necessary accumulation required by the bulls. If you are holding BNB, it's important to be cautious of the current BTC pullback, which could lead BTC to the 27600 range. This move is likely to impact BNB as well. While we remain in a long position, caution is advised.
Comment:
BNB is struggling below 245, indicating signs of market manipulation aimed at pushing the price toward 300. However, before this upward movement, it needs to clear the current long stops, including our long stop at 226. Following that, there may be a pullback and rejection of the current Head and Shoulders pattern being formed by the bears, which could result in our position being liquidated first then moving to 300.
Alternatively, another scenario is that BNB breaks down if the bulls fail to reclaim a level above 236 after first piercing below the 230 support. If this breakdown is confirmed, indicating that the previous pull-up was a confirmation of the breakdown, we will switch back to a short position. We must first confirm this breakdown before initiating another short position, aligning with our initial call of 180 on BNB here
Alternatively, another scenario is that BNB breaks down if the bulls fail to reclaim a level above 236 after first piercing below the 230 support. If this breakdown is confirmed, indicating that the previous pull-up was a confirmation of the breakdown, we will switch back to a short position. We must first confirm this breakdown before initiating another short position, aligning with our initial call of 180 on BNB here
Comment:
above was our first observation of the 1st H & S we saw but we needed more confirmation before updating you on it as the range was tight to conclude the smaller H & S in the Box
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