BNB has bounce back from 290 (major support) & 300 support area successfully, It can reach its 1st target at 335 & 2nd target at 350 soon. BUT on one condition. I have already published an idea on it ,Check that out & make sure to follow me.
BNB is currently above the hourly resistance. We can take long at retest around 310 to 308 zone. 1st target would be at 335 and 2nd at 350. Stoploss around 303 to 302. Lev :- 1.5X to 2X
After a correction in the range of 50%, after exiting the density, it can continue the growth with a pullback to the support range until the supply range. At the same time, this correction may continue up to the 23% Fibo range if the support range is broken, which will be the red line range.
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if the impulse and correct that i realize will be true the price will take another impulse for a downtrend
Hello traders, Here's an update on BNB using a weekly timeframe chart. BNB is expected to rally 250% soon which will be close to its ATH. That's the minimum rally we can expect as a mid-term target. For a long-term target, BNB has a long way to go. I am anticipating a breakout soon on BNB and also keeping in mind the $200 support that is still holding on strong....
It's been a while since BNB has a lot of margins. Have a look at the BNB chart. Price seems to be playing within a diametric. It looks like it is now completing wave E of this diametric. From the green range, the D wave can rise again to the ceiling of the D wave to complete the F wave and then fall for the G wave. We expect such behavior from the price in the...
As BNB flirts with a significant resistance trendline, the anticipation of a breakout builds. A decisive close above this level could ignite a rally towards Fibonacci extension levels of 1.272 and 1.414, correlating to a price target around $1200—representing a fivefold gain from the current position. Given Binance's stature as the 'father of the crypto market,'...
BNB Update: BNB has broken above the resistance trendline in a daily timeframe. This move is different compared to the previous move as you can see in the chart. This breakout could possibly push BNB toward the bullish side. All it needs to do is hold the price above the resistance trendline. A breakdown back to the falling wedge pattern will invalidate the...
BNB Update: BNB has remained calm and managed to maintain the $200 range quite significantly. With the current price level at $212, BNB is still under the threat of dipping down as it faces the resistance trendline. If somehow BNB manages to break and close above the resistance trendline, things may look different. If not, we have the $200-$203 support waiting...
The SEC lawsuit heralds more regulatory difficulties for the cryptocurrency industry, which is reeling from increased scrutiny after a series of high-profile bankruptcies so far in 2022. The commission also recently threatened action against Coinbase (NASDAQ:COIN) for non-compliance with securities laws. Coinbase shares fell 10% following news of Binance's...
Hello Guys 🙌 Let me tell you something clearly. it's not financial advice. it's just my vision of the chart of BNB.USD I wanna share this vision with you. That's all. Please read it carefully and tell me what you think. As you see the main trend is still bearish. because we are under the Komo cloud. The price is far from Kijun-sen. As we know the price is so...
I think this complicated correction has 2 ways to show itself, first is bow tie correction and the second is triangle but actually I prefer ETH for holding.
Amidst the current 2% dip, Binance faces clouds ☁️ in the near-term, indicating a potential price correction could be ahead. However, there's optimism on the horizon ☀️ as next week holds the potential for a price rebound, according to ATMMO's insights. Follow us for more crypto weather reports! 🌦️
Fantastic news! Our recent BNB trade has delivered remarkable results, achieving an impressive 0.5% profit. It's a testament to our strategic approach and the power of informed decision-making. Stay tuned for more exciting opportunities as we continue to navigate the markets with precision and expertise. Happy trading! 📈💹
If we consider this as a potential giant bull flag on the D1 chart, a logical next bullish target for BNB could be set at 70k
Based on my analysis, BNB should start growing from a price of $240. The targets could be $250, $257, and $275. The final target is $275, and the support trend line has now turned into resistance. ⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help." Don't...
Entered a long position on $BNB... Seems like DEX projects are hype atm... See #1inch and #SushiSwap... Even though #Binance isn't the most wanted DEX atm due to all the hiccups, I still expect it to keep up with the others... Be safe...