BNB aggressive swing tradeTook support multiple times from a valid order block.
Bears failing to push price further down.
Liquidity sweep occured at the last candle and formed a bullish engulfing candle
Entry, SL and TP on chart.
Suggestion: once price reaches +3%, drag SL at break even and then trail SL every time a FVG forms (put SL at FVG's orderblock or Liquidity sweep)
Happy trading
BNBUSDT.3S trade ideas
BnbAsaaTo achieve excellence in cryptocurrency trading, specific psychological traits and skills are crucial:
* Emotional Control: Manage fear and greed to avoid impulsive decisions.
* Discipline: Stick to a trading plan and avoid emotional reactions to market fluctuations.
* Risk Management: Assess and manage risk tolerance to avoid significant losses.
* Adaptability: Adapt to changing market conditions and adjust strategies accordingly.
* Patience: Wait for the right opportunities and avoid overtrading.
* Self-awareness: Understand personal biases and emotions that may affect trading decisions.
* Continuous Learning: Stay updated on market trends and develop new strategies.
By cultivating these psychological attributes, traders can enhance their decision-making abilities, manage risk effectively, and ultimately achieve greater success in the volatile cryptocurrency market.
Is BNBUSDT on the Brink of a Major Bullish Breakout?Yello! Did you see how BNBUSDT has taken liquidity and formed an inverse head and shoulders pattern? This setup is raising the odds of a bullish move! But there's more to the story. Let’s dive into the details:
💎For this bullish scenario to play out, BNB must break out of the resistance zone and close a candle above it. This would indicate a potential move up to the next swing or resistance levels.
💎In the event of a pullback, we can anticipate a bounce from the Bullish Order Block (OB). However, for confirmation, we need to see an I-CHoCH (internal Change of Character) that aligns with a bullish market structure. This would further increase the probability of a favorable outcome.
💎On the flip side, if the price breaks down below the Bullish OB and closes a candle beneath it, our entire idea and pattern would be invalidated. This would suggest a different market direction, requiring us to reassess our strategy.
As always, it's crucial to stay disciplined and patient. The market can be unpredictable, and only those who stick to their strategies will thrive.
MyCryptoParadise
iFeel the success🌴
TECHNICAL ANALYSIS $BNB 12-JULThe daily trend is bearish, the bottom at CRYPTOCAP:BNB is at an unknown place (without any resistance), so it is likely to continue to decline.
The beginning of the daily downtrend is the old peak - where there is strong selling force, so it further supports the bearish factor.
H4 is in a recovery wave, we don't know where it will return, but a maximum of $580 is a strong supply zone.
BNB is in a downtrend and CRYPTOCAP:BTC is also in a downtrend so simply don't buy.
Wait for confirmation of price increase to buy later.
Massive BNB Breakout Imminent? Don’t Miss This Crucial Analysis!Yello Paradisers! Are you ready to dive into a potential game-changing move for BNB? Let’s get into the details.
💎 The recent bullish momentum has broken key levels, indicating potential for further gains.
💎 BNB is showing signs of inducement near the bullish OB, a key area to watch.
💎 If BNB breaks the resistive trendline and forms a W pattern, the probability of a bullish move increases.
💎 For confirmation, we need a breakout above the resistance zone. This could signal a strong bullish move.
💎 In case of a pullback, a bounce from the bullish OB is expected. However, we need a Change of Character (I-CHoCH) in lower timeframes for confirmation.
💎 If BNB breaks down and closes below the bullish OB, it invalidates our bullish thesis.
Trade smart, Paradisers, and stay disciplined. Your long-term success depends on strategic and well-timed moves.
MyCryptoParadise
iFeel the success🌴
Bullish Pennant Breakout: Retest Targets $1,000 MilestoneBinance Coin ( CRYPTOCAP:BNB ) has recently formed a bullish pennant pattern, suggesting a strong potential for upward movement. This technical formation, characterized by converging trend lines following a significant price increase, indicates that the market is consolidating before potentially continuing its upward trend.
The breakout from this bullish pennant has been accompanied by substantial trading volume, reinforcing the likelihood of a sustained move higher. With the retest of the breakout level successfully holding, the technical outlook is bullish, pointing to a potential target of $1,000. Achieving this target would represent a significant 68% return from the current price level, offering a promising opportunity for traders and investors.
Key factors to watch include the continuation of high trading volume and maintaining the breakout level support, which will be crucial in confirming the strength of this bullish move towards the $1,000 target.
BNBUSDT's Cup & Handle: Ready for a Bullish Surge?💎 Paradisers, #BNBUSDT has formed a cup and handle pattern, increasing the likelihood of a bullish move.
💎 If #BNB closes a candle above the resistance zone, it will validate the pattern, and we can then expect a bullish move.
💎 In the case of a pullback, we can anticipate a bounce from the demand level, but we need an Internal Change of Character (I-CHoCH) towards the bullish market structure for confirmation.
💎 However, if there is a breakdown and a candle closes below the demand level, it will invalidate our entire bullish idea. In that case, it would be better to disregard this setup and wait for more favorable price action to develop.
MyCryptoParadise
iFeel the success🌴
BNB Binance Coin Trade Setup - BNB followed my last path and broke out as I had planned
- BNB is currently trading at a great zone however, its still left with one retracement
- BNB will be at a very good zone in its next retracement so make sure if you are planning to add BNB then you do it in the next retracement
- BNB from a holding perspective for long term looks good if you are already holding it, my Bull Run Targets are - 1000$, 2500$, 5000$
BNB: Determined to reach the All-Time High. #BNB Update:
Following BTC's lead, large M-Cap altcoins are also gaining momentum, and BNB is no exception. With a remarkable 120% rally from the breakout point, BNB still has room to grow, aiming for the ATH that is only 20% away. I'm expecting BNB to reach the ATH or even break above it before the BTC halving or correction.
DYOR.
#BNB #Crypto
Descending triangle on BNB weekly chartsBNB Daily and weekly charts seem to be forming a descending triangle pattern. Breakout in either direction will give a decent move. A breakdown from here can take BNB in $40-$50 range as there is no major support in between. Can cause a lot of panic if that happens and we might see BTC testing 20k again. Though it'll be another great time to accumulate for the long term.
BNB/Binance Coin Trade Idea - BNB is currently trading in a zone where all its FUD has evaporated
- The structure looks super strong except for the inducements that it's certainly going to have
- I will look to add BNB swings once it starts retracing and hold it until it gives me a strong gain of 30-50%
- Risk minimized to 10%
AFTER FLAG PATTERN BREAKOUT RETRACENT OCCURE GOOD ENTRYAFTER FLAG PATTERN BREAKOUT RETRACENT OCCURE GOOD ENTRY
After flag pattern a good retracement occxured
Let's see hows the pattern retracement wark yoiu can enter here if you have a crypto trader
BNB Binance Coin Trade Setup Binance Coin
: BNB from an investment perspective currently is a BIG NO
: Only enter BNB if you wanna shill or burn your money
: Traders who love volatility can take some chances
: IMO I expect BNB to easily grab some liquidity around 180-200$
: 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.
waiting for TRIANGLE BREAKOUT in BNBUSDTElliott Wave Analysis:-
Waiting for TRIANGLE BREAKOUT. Once the breakout took place then we decide the move of the wave .
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.