Get started

Binancecoin

BNB/USDT- Plotting Key Levels for Short and Long-Term Profits ? Introduction: In this BNB/USDT technical analysis, we'll examine critical price levels and potential scenarios for Binance Coin (BNB) against the US Dollar Tether (USDT). Liquidity Sweep Area - 145-160 USDT: The first key aspect to address is the liquidity sweep area, which encompasses the price range of 145-160 USDT. Liquidity sweeps often serve as precursors to major price movements. Traders should closely monitor this range as it could act as a pivot point for future price action. Accumulation Opportunity at 145-160 USDT: Within the 145-160 USDT range, we identify a promising opportunity for short-term accumulation. For traders seeking short-term gains, this area offers a potential entry point to buy BNB. Market Structure and Long-Term Potential: If the price rallies and a market structure breakout occurs in the 230-250 USDT range, it could indicate a shift in the long-term trend. In such a scenario, a retracement to the 200 USDT level may present an excellent long-term buying opportunity. Traders and investors should watch for confirmation of this breakout. Potential Target at 300 USDT: Should a market structure breakout occur around 230-250 USDT, with subsequent retracement to 200 USDT, the setup could lead to an exciting long-term opportunity. In this context, a potential target for BNB might be around the 300 USDT mark. In conclusion, the BNB/USDT technical analysis highlights the significance of the liquidity sweep area at 145-160 USDT as a potential short-term accumulation zone. Additionally, traders should keep a close eye on the 230-250 USDT range for signs of a market structure breakout, which could create a long-term buying opportunity with a potential target at 300 USDT. Cryptocurrency markets are highly volatile, and it's essential to conduct your research and consult with a financial advisor before making investment decisions.
by Un_trade
BNB/USDT: Bullish Breakthrough - Inverse H&S with RSI Divergence💎 Hey ParadiseSquad, let's focus on BNB/USDT. Looking at the 1-hour chart, we can spot an inverse head and shoulders pattern accompanied by bullish divergence on the RSI. Notably, the right shoulder is shorter than the left one, indicating a pattern of higher highs and higher lows. 💎 If the price successfully breaches the resistance level at 220, we could reasonably expect a strong bullish upswing targeting the next resistance points at 224.7 and 230.4. However, if the price drop below the invalidation zone of 211.5, this bullish pattern would lose its significance. 💎 Presently, the price seems to be consolidating around the breakout level. Remember, the more the price lingers here, the greater the potential for a significant move. Stay sharp with your trading instincts, ParadiseSquad!
Long
by MyCryptoParadise_Nathan
🚀🌕🔥 BNB Coin Moonshot Potential! 🚀🌕🔥Let's analyze the potential risk-to-reward scenario for BNB coin based on the information provided. The current setup suggests that once this month's candle closes above the long-term trend line support, it could trigger a significant bullish rally for BNB coin. This could potentially be the 3rd wave of BNB's upward trend, according to trend analysis. The first target mentioned is $2159 per BNB coin, and the second target is an impressive $20,000. If these targets are achieved, it would indeed represent a remarkable risk-to-reward ratio, potentially making it one of the biggest 📈💰 in the history of crypto trading. To manage the risk, you've mentioned setting the stop loss at this month's June 2023 candle closing price. This strategy allows you to limit potential losses while maximizing the chance of capitalizing on the anticipated upward move. Of course, it's important to note that cryptocurrency markets are highly volatile and subject to various factors, including market sentiment, regulatory changes, and technological developments. It's crucial to conduct thorough research and consider multiple perspectives before making any investment decisions. That being said, with the current bullish scenario, the potential for the 3rd wave, and the mentioned targets, BNB coin could be a potentially rewarding investment. 🚀💸 However, always remember to consult with a financial advisor or do your own research before making any investment decisions. Happy investing! 🌟🤑
Long
by vc_96
Binance coin forming a double top patternBinance coin has been forming green candles on weekly time and has formed a perfect doji above its 20 ema. On the daily chart analysis, the coin is consolidating near the resistance zone and 200DMA. The coin is trading between its 20 and 200 ema on daily time frame. A clear rejection is there near the resistance zone. Coin is trading and taking support from its 200 ema on hourly time frame. Wait for a close below 315 level on the daily time frame. Good risk to reward ratio is there if the coin starts to dip. Wait and watch the price action before shorting the coin.
Short
by Mambotrade
BNB to take over Global Finance? Interesting Macro ScenarioCRYPTOCAP:BNB BINANCE:BNBUSDT CRYPTOCAP:BNB.D In the chart, 1. Trend based fibonacci levels. Shouldn't disappoint. 2. BNB is forming an ascending pattern on macro levels 3. Exchange's popularity and usage metrics are off the charts that will attract more institutional investors in both short term and long term 4. Binance acquires anything that can make their presence more exponential. Whether its banks or exchanges in multiple countries. Binance is the largest crypto exchange with the biggest presence in countries. NO S*** It's better to look at BNB coin more than what it presently is. HIGH TIME we take notice. This is not a financial advice I still don't know what to think of this- It's the biggest exchange so far Has a crypto thats actually being used for payments, defi, transfers and can even be treated as an asset class. Enjoys zero maintenance margin on multiple instruments Coins are pegged against BNB and has a dedicated exchange for the same on its network Almost started to feel like a bank Is it a tech giant? Is it a financial giant? Is it Both? I don't know I've started to have interest in Binance as a new generation asset class that really could dominate global finance. I don't believe in this strongly but the trends have been positive and consistent. Fundamentals are way too strong - so is the dominance and presence. Could be wrong but I'm still taking a DCA oriented long position for the next 5 year cycle on this coin. Also I have no complains from the exchange. Seamless experience since 2017.
BINANCE:BNBUSDLong
by mrinalsethi
Trading Signal For BinanceCoin Trading Signal: There is a Trading Signal to Sell in BNBUSDT BinanceCoin BNBUSD Traders can open their Sell Trades NOW Rank : ⭐️ ⬇️Sell now or Sell on 398.8 ⭕️SL: Close above 415.1 or Downtrend breakout 🔵TP1 @ 355.0 🔵TP2 @ 329.0 🔵TP3 @ 240.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments.
Short
by pullbacksignal
#BNB/USDT CHART !!!In 4hr time frame it is forming a rising wedge pattern and mostly this pattern breakouts in downward but wait for the breakout, if breakout happens in downward that it can go down and i have given support zones you can accumulate in parts and but if it breakout than you can buy at breakout in upward line..... And what breakout means that the pattern or channel in which price is moving from certain days which is going to breakout the pattern in either side if price breaks bottom line of pattern means breakdown(Bearish) and if price breaks top line of pattern it means breakout(Bullish)........
Short
by Mohitvani