BNBPERP trade ideas
BNB short idea - Head & Shoulder breakdown BNB has broken down from a head & shoulders top formation below the neckline at $407. Targets of the pattern should project a move to approximately $373. We are consolidating underneath the neckline in the form of another bearish flag formation which generally see's price action break down further. Nice risk reward ratio here as you can place your stop loss just slightly above the neckline @ 407 for a risk-reward of approximately 6x.
BNBUSD 4 hour chartThis is a test chart for my modified predictive indicator.
The stops and trade entry points on the chart are for hypothetical and practice trading.
BNB SFP confirming reversalBackground:
BNB has confirmed a swing failure pattern (SFP)/deviation above the range building since 20 Jan'22. High volumes marked in red arrows to reinforce the boundary while fading volumes in green arrow to support lower boundary of a smaller 6 day local range. RSI just confirmed rejection off underside of 50. Confirming below $407 would confirm an H&S pattern with a target around ~$375. Risk reward for market shorting a breakout is not ideal with tight stop-losses failing in this choppy market.
Strategy:
Wait to see if price confirms S/R flip on $407 to enter short. First target the H&S target ~$375, second target lower boundary of range ~$361, third target start of D3 demand zone confluence with macro 0.5 fib line at ~$355. SL above 6 day local range mid at $420.30, confluence around POC and meme price. Keeping an eye on SFP at lower range boundary to enter long if price doesn't confirm breach below D3 demand.
Invalidations:
Confirming another SFP at upper range boundary would not invalidate this scenario in itself unless there is a show of weakness on resistance. Price breaking above ~$480 and I scrap this plan entirely
Binance Price Analysis — February 11After a modest bullish comeback last Friday, Binance Coin has lost its upbeat momentum at the $436 resistance and has recorded lower highs ever since the loss of traction. This bearish undertone coincides with the top of my multi-month descending wedge, which has consistently kept BNB from a bullish breakout since November.
That said, should BNB capitalize on the upbeat sentiment around the broader market and breach the wedge top, we could witness a rapid rise away from the line and towards the $500 resistance. Bulls need to defend the $410 support line to use as a launchpad to breach the wedge in the coming days.
Meanwhile, my resistance levels are 436, $450, and $460, and my support levels are $410, $380, and $350.
Total Market Capitalization: $1.98 trillion
Binance Coin Market Capitalization: $68.8 billion
Binance Coin Dominance: 3.46 %
Market Rank: #4
BNBUSD UP Trend.!#BNBUSD Hello trader, I hope are good and safe. Today I opened the chart of #BNBUSD for 15 MIN and analyzed it then I see that this chart has made a UP TREND, So I hope BNBUSD will go up,
When price retest the Support line then Nice opportunity for Buying.
If you have any query then leave a comment.
Keep Supporting And Thank You..
BNB ForecastThere appears to be a reversal of the bearish trend after the break of the previous lower high possibly going into a bullish trend.
BNBUSD (4H) Bullish wave We2Hi Traders
BNBUSD (4H Timeframe)
A Med-High probability, entry signal to go LONG will be given with the upward break of $426 after the market found support at $407. Only the downward break of $407 would cancel the bullish scenario.
Trade details
Entry: 426
Stop loss: 407
Take profit 1: 465
Take profit 2: 500
Score: 7
Strategy: Bullish wave We2
BNBUSD downward trend (short sell opportunity)BNBUSD looks likely to continue bearish trend. It has a chance of touching/testing 350-360 zone. Currently it's nicely range trading between a channel and we expect this to continue for a while. If it breaks out of this, then it will probably touch around 510.
BNB - My Trading Plan in a video!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for BNB, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
BNB BREAKOUT 4H SCALP ONLY
This is a short update for BNBUSDT, BTC Break $38,500 area, for a short term you could scalp BNBUSDT as price given
LONG BNBUSDT
ENTRY: 388.2
SELL: 399 - 416 - 438
BNB TURN INTO BULLISH FOR SHORT TERM
The Crypto market seems to turn bullish since BTCUSDT Success to break 41K. Keep in mind, this is a short-term signal. so close your position as long as it's hit the TP.
Open Long Position Now: $429
Close/TP: 440 - 450 - 460
INVALID: BTC DROP TO $41100
Leverage : 5x - 10x max
Congrats to someone who follows this signal
Keep your position with stop loss = entry position + profit
Binance can break short term resistanceAfter it has find strong support at 340, Binance coin has started to rise and has made a higher low last week at 360
Now the coin is consolidating above 400 figure and is probable to have a new leg up after this consolidation
475 and 500 are targets to the upside and a dive under 370 would negate this scenario
BINANCE FINALLY BREAKS THE 400$ BARRIER!!!!!A couple weeks ago I posted an idea saying that Binance will eventually rise and form a strong rally, which it finally did today.
T O T H E M O O N
Happy Trading !!!
BNB seems supported?price seems like stabilize above $350 level.
MACD started to crossed over.
might takes time for sideways. but seeing potential bull making a come back.
DYODD
BINANCE Support Breakdown Retest Entry.If anyone wants me to explain this chart analysis to them, then please comment and let me know.
P.S: I'm getting into the habit of posting multiple Ideas per day and that's why i'm not willing to put much time and effort into describing my analysis. However, I'll be more than glad to explain the ideas later on to anyone, who's got subjective and non-linear questions.
With that being said...
Happy Trading !!!
Bitcoin 02.02.2022 - Forecast [Update]Just an update about the final move up before BTC starts descending most likely till $800 but it might reverse sooner and I plan to see it before happening
Binance Coin Monthly pivot-point -2202Support and resistance are refer to price levels on charts that prevent the price of an asset from getting pushed in a certain direction.
