BNBUSDT.3S trade ideas
💡Don't miss the great buy opportunity in BNBUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (280.6150).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 309.6210
TP2= @ 348.7170
TP3= @ 381.4600
TP4= @ 418.9090
TP5= @ 471.4040
SL= Break below S2
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BNB-USDT(Symmetrical Triangle Breakout)Binance being the world’s largest crypto exchange with a total of 15 mn users and a daily average trading volume of around $12 Bn has also developed its smart contract infrastructure “Binance Smart Chain” to solve the major bottleneck of Ethereum that is its insane gas fees.
BNB after hitting its all-time high of ~$348 has been consolidating to date.
On 4 Hr Time Frame, BNB is giving a decent breakout from the Symmetrical Triangle formation and seems elated to continue its journey to new highs.
The support is present at $274 while BNB seems well-positioned to continue its rally to $360.
BNB/USDT hourly chart analysis BNB/usdt has tested the resistance level multiple times & failed to give a breakout. It is sustaining below 200 Ma line and it has also broken its support trend line .
MASSIVE BOUNCE SOON!!!BNB is maintaining a trend line for a long time. I think the bounce from here is imminent. But, It has to penetrate through hourly red ichimoku cloud
BNB downside channel formation- Breakout soonBNB/USDT moving in a downside channel if BTC supports there can be a breakout very soon!
💡Don't miss the great buy opportunity in BNBUSD". There is a possibility of temporary retracement to suggested support line (270.4220).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 288.3700
TP2= @ 297.0920
TP3= @ 306.0320
TP4= @ 316.4420
TP5= @ 348.2820
SL= Break below S2
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. . . . . Please show your support back,
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Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BNBUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (270.4220).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 288.3700
TP2= @ 297.0920
TP3= @ 306.0320
TP4= @ 316.4420
TP5= @ 348.2820
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BNBUSD @binance". There is a possibility of temporary retracement to suggested support line (222.50).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 256.99
TP2= @ 280.70
TP3= @ 309.75
TP4= @ 348.60
TP5= @ 408.35
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Hold!!Seems like we're creating a parallel channel in the weekly logarythmic chart. Target is the upper resistance of this channel. Depending on how long it takes to reach it, prices between $550 to $600 are possible.
BNB looks interesting in the chartsBNB is consolidating in a nice symmetrical triangle pattern and it seems that it is trying to give a breakout in the 2H time frame. Once it breaks 135 it can shoot up first 170 level and then maybe if the DEFI boom continues in the Binance chain then 200-220 level.
Disclaimer: - These views are for educational purpose only and not a recommendation.
