Get started

BNBUSDT

BNB value buying ? read description after a good bearish trend price is in side ways phase 180-215 been good buying area and the stop loss can be done only below this any candle closed on daily time frame we can see bearish trend but the recent bear cycle performed from april 2023 to sep 2023.. currently price is making small candles as a sign of beairsh liqudity getting faded .................... TRADE SETUP .................... Buying above 222 (candle closed on daily) we look for the target of 270 and 290 this trade will be purely investing pov and no leveraged to avoid uncertaintity stop loss can be below 200 or 190 as per your risk reward
Long
by Jimmy_Rebello
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
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.
by coinfta
2
BNB Price Prediction, will BNB’s price hit $528.24?BNB’s price at the same time last week was $307.79. It has moved by 1.24% in the past week and is currently at $308.85. Infact, in the past 24 hours, BNB has dumped by -1.70%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BNB could hit $490.92 in 2024. The total circulating supply of BNB as of writing this article was $157,886,280 and the market cap of BNB remains at $48,765,651,999. BNB, BNB could hit $528.24 in 2023 BNB’s price prediction for the most bearish scenario will value BNB at $247.08 in 2023 BNB’s previous All Time High was on 10th May 2021 where BNB was priced at $686.31
Long
by tradewith_ritik
Fibonacci levels plot levels to watch out for around the $300 The $315 and $300 levels of resistance and support respectively have been important on the lower timeframes. Over the past 48 hours, BNB has declined from the local highs at $316.3 to trade at $308.5, at the time of writing. On the 6-hour chart, the RSI was unable to climb above neutral 50, showing the persistence of the bears. Over the past week, the trading volume was low as well. This came at a time when BNB retested the $300 level. With Bitcoin facing rejection from beneath the $27.8k resistance on Monday as well, it appeared likely that more losses were in store for the crypto market this week. If Binance Coin were to slip beneath the $295-$300 area, the Fibonacci extension levels highlighted some key areas to watch out for. The 50% and 61.8% extension levels would likely be tested upon a move beneath $295, with the 23.6% level at $289 also expected to serve as minor support. Meanwhile, a move above $316.3 would signify a break in the bearish market structure. Thereafter, buyers could begin to exert their will, but this was the less likely scenario.
by tradewith_ritik
bnb usdt predictionbnb usdt prediction Ascending tringle form ....What Is an Ascending Triangle? An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since price will typically break out in the same direction as the trend that was in place just prior to the triangle forming. 1 An ascending triangle is tradable in that it provides a clear entry point, profit target, and stop-loss level. It may be contrasted with a descending triangle.
by ajayp2939
Binance Coin (BNB) Price Analysis 2022Binance Coin (BNB) Price Prediction 2022 Binance Coin (BNB) holds the 5th position on CoinGecko. BNB price prediction 2022 is explained below with a daily time frame. A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a “U”. Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements. More so, a rounding bottom chart can be divided into several main areas. First, the prior trend shows the buildup to the stock’s initial descent toward its low. The rounding bottom breaks out of its low point when the stock price closes above the price immediately prior to the start of the initial decline. Currently, Binance Coin (BNB) is at $316. If the pattern continues, the price of BNB might reach the resistance level of $447 and $540 If the trend reverses, then the price of BNB may fall to $277 Happy Trading $$$$
Long
by TheNewsCrypto
1