BNB broke the major support of the $335 area and now trading below it. BNB is looking bearish and we will see a test of major support of the $259 area in the coming days. This is no trade zone either buy above $335 or buy near the support level.
Hello Folks
Trade Active Bought @ 365.
Additional Entry @ 490-500 buy for target of 750 (Short term - 1-3 Months)
If Median Upper Yellow line is breached be very careful.. Wild swings can be seen post breach.
Regards
Expecting BNB to touch USD 300-250 range before next Bull Run.
Waiting for BNB enter in this range fore fresh Long Term Investment.
Or will buy if identify the formation of any other bullish pattern .
DO NIT SHORT HERE IS SUPOORT ZONE
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (392.1).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (395.0).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
last week we seen huge buying in BNB coin, in upcoming months its going pump very hard.
entry and targets are given on the chart. Please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
BNBUSDTPerp has been following a trendline for a while and it has just broken out of it while having a good consolidation at the top.
A long trade can be initiated Above 457 with a Stoploss of 450.650 and a minimum 1:2.5 target of 475
We can see an inconsistent rising wedge pattern but well patterns are never perfect because of BTC's correlation with every other currency.
I'll see how this would play out.
Stop loss or great Shorting opportunity if it fails the bottom support.
#BNB moves from the minor support now testing the down resistance line. Price reached the resistance level and facing sell-pressure as 4-5 candles in 4H are stacked there itself. If price break the $409 resistance zone then we can see high push in prices around $445. if you have taken trade yesterday then trail your stoploss
I think BNB wil make a big move in the coming hours because it doen't have any much of a resistance in the above direction.
It migh clearly follow the fib based trend line.
Maybe all depends on the BTC movements
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (386.1).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
