BNB
BNB Binance Coin Trade Setup Binance Coin
: BNB from an investment perspective currently is a BIG NO
: Only enter BNB if you wanna shill or burn your money
: Traders who love volatility can take some chances
: IMO I expect BNB to easily grab some liquidity around 180-200$
: I will wait like a hawk and try to observe the price action there
: In the meantime, I will stay cash and not risk unnecessarily.
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Current Price: $0.0029
Bull Flag Breakout Confirmed!
Entry Points:
1️⃣ $0.0028-$0.0025
2️⃣ $0.0015-$0.0020
Targets:
- $0.0075
- $0.021
- $0.04
Note:- Invest an amount small enough that you can forget about it for a few years.
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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!
Crypto Price Prediction – BNB Coin Price Technical AnalysisBNB coin priced at $243. From technical analysis perspective, Binance coin BNB price chart today presently experiencing downtrend on the daily timeframe. The price resides below the 50 and 20 weekly EMA indicating bearish sentiment. Crypto price prediction technical analysis on daily timeframe.
To comprehend the existing level of support and resistance for binance coin BNB, we must examine the historical price data. Analyzing BNB coin price daily chart reveals trading range of $242 to $261 over the recent days.
Binance coin BNB crucial support level lies at $234 significantly impacting the cryptocurrency. A dip below this level could potentially lead to further price decline, with the subsequent support level positioned at $219.
BNB token price current resistance level resides at $266. A successful breakthrough beyond this level may initiate bullish trend with the subsequent resistance level set at $286 and $301.
Disclaimer: This technical analysis article is for informational purposes only and does not constitute financial, legal or investment advice. Please do your own research before making any decisions.
🚀🌕🔥 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 $20,000. If these targets are achieved, it would indeed represent a remarkable risk-to-reward ratio, potentially making it one of the biggest 📈💰 in the history of crypto trading.
To manage the risk, you've mentioned setting the stop loss at this month's June 2023 candle closing price. This strategy allows you to limit potential losses while maximizing the chance of capitalizing on the anticipated upward move.
Of course, it's important to note that cryptocurrency markets are highly volatile and subject to various factors, including market sentiment, regulatory changes, and technological developments. It's crucial to conduct thorough research and consider multiple perspectives before making any investment decisions.
That being said, with the current bullish scenario, the potential for the 3rd wave, and the mentioned targets, BNB coin could be a potentially rewarding investment. 🚀💸 However, always remember to consult with a financial advisor or do your own research before making any investment decisions. Happy investing! 🌟🤑
Btc Last Support To attract 31000$This is an educational idea only, do not take it as investment advice.
BTCUSDT looks range bound. If falls below 25800 we can see a fall upto 19800, if bounced back from 25800 we can see a rise upto 31000.
Let us connect and discuss more possibilities on day to day basis.
#btc CRYPTOCAP:BTC #crypto #sec #binance #bnbbull
BNB in great opportunity Hello its J again
After a long time and a boring bear market I can feel , see and imagine great buying opportunity for BNB at the dip price from 255 to 270 and the possibility to increase up to 650 or even for a new ATH in the upcoming weeks.
Actually I believe the price is in a triangle pattern and it shows that it has some potential to be in an up trend for several weeks .
thank for comment , like and sharing my idea
best regards J
💡Don't miss the great buy opportunity in BNBUSD @binanceTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (337.9).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
Take Profits:
TP1= @ 358.5
TP2= @ 376.8
TP3= @ 403.1
TP4= @ 426.1
TP5= @ 458.3
SL= Break below S2
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