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...
💎 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...
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...
BINANCE:BNBUSDT outperform BINANCE:BTCUSDT in past 1 year.
With fast growing ecosystem, BNB will tend to face selloff in short time (due to external market condition ) but Bullish in long run (When bull run starts).
Binance 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...
CRYPTOCAP: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...
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
As per my wave count the BNBUSDT or binance coin has started its bully rally although is in initial wave 1 looking for some retracement till the box before moving higher. (Count get invalidated if the invalidation is broke)
This is not an investment advise!!!
Head and shoulders pattern formation on BNBUSDT on a hourly timeframe
Target should be around 520-525 levels
* I'm not an expert analyst. This is something is just learnt, so I'm sharing this with public.
If you guys find anything wrong with this post, you can tell me about that in comments.
Have a nice day!😄
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...
#C98 looks good as it is currently is in the symmetrical triangle pattern in 8hr TF.
it could be a good long opportunity if it's breakout upside and retest on Small Time frame.
I would recommend to wait till successful upside breakout and retest to further confluence of support.
#C98 is good coin to make good profits in a short span as this is not yet pumped so...