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Binancebtc

BNB Price Is Only 13% From Its ATH, This Is When I Could Happen BINANCE:BNBUSDT formed a new all-time high (ATH) in late July, reaching $861 , but has since declined to $736. Despite this setback, bullish market signals suggest that BNB is showing signs of recovery, currently trading at $757. The altcoin remains within reach of previous highs if it maintains momentum and could make it before the end of the week. Currently, BNB stands 13.7% below its ATH of $816 . If BINANCE:BNBUSDT can break through key resistance levels at $793 and $823, it is likely to approach the ATH again. Securing the $766 support level will be crucial for sustaining upward momentum and achieving further gains in the near term. However, if BNB fails to hold the $766 level , it could experience further downside. A drop below this support could push BINANCE:BNBUSDT back down to $736 or even lower. Such a move would invalidate the current bullish outlook and suggest a potential bearish reversal.
by BeInCrypto
Bearish Volatility: A Strategic Approach to the Crypto MarketIn line with our previous analysis: Buying volume exhibits a decline, RSI indicates a weakening trend, and price action remains above the trendline. In the past 24 hours, the risk-reward ratio has leaned favorably toward short positions. To complement our previous insights, it's essential to note that Funding Rates have surged, and bullish traders are employing substantial leverage. As a result, a short position appears to be a prudent choice in the current market climate. This is an upgraded version, with more indicators, of the initial short idea:
BINANCE:BTCUSDShort
by Elysian_Mind
1
BTC to hit 40k if these conditions are metPrice may hit 40k region if support gets broken at 44k-43k region. Hitting a HIGH of 50600 in the month of August to me was a retest on the LOW formed on the 25th of April, 2021 unless otherwise, it turns around. That notwithstanding, price will continue its upward move to hit the fair value gap created around 51.5k-52.8k and then we will see what will happen. For now, keep watch of the market and trade with caution. Minimize your risk by waiting for clear signals in this mixed market.
by nanay4w
#Binance #BNB $BNB - BULLISH!$BNB #Binance token - our longtime favourite #altcoin! The GIANT awakening! Lots of buying opportunities during consolidation phase (Pink candles = Low sell volume) Look out for any incoming Dark Green Candles = Volume >150% of average 21 days. A strong break >350 will be epic! #VCCBtrader . 💡IMPORTANT DISCLAIMER: All Information, Commentaries and Opinions shared in this group are purely for educational and entertainment purposes and ARE NOT recommendations to buy or sell any stock, security, or asset. Please do your own research and due diligence, and exercise your own discretion for all trading and investment decisions.
Long
by PeterSinGuili
💡Don't miss the great buy opportunity in BNBBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.0012860). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBBTC 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 66. Take Profits: TP1= @ 0.0013510 TP2= @ 0.0013920 TP3= @ 0.0014450 TP4= @ 0.0015000 TP5= @ 0.0015700 TP6= @ 0.0016700 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 ❤️
Long
by ForecastCity
4
I open a new position and wait for an impulse BTC/USDTHello dear traders. The price is above the level of 23850 - it will talk about the continuation of the upward trend, to the levels and targets of CME. But Today, I made a decision for myself to open a short position, a large short position, in order to update such values ​​as - 22900-22500-22000-21500. I expect a strong downward impulse. I open a short Sell 23610 Targets: 22900-22500-22000-21500 Stop loss 24100 I may be wrong, but I follow my trading, my system, my vision, and my risk and money management. I do not trade futures, I do not trade with 10-100 leverage ... and I follow my trading system. Yes, many may disagree, but for some reason I really want to open this position today. May to be big profit come with us)))) I am not asking anyone to follow my choice. But if you decide, then trade using the system and observe risk management and money management. Do not trade with a margin higher than x5. Although I have good indicators in trading, I am also mistaken.
Short
by UnknownUnicorn13204076
1
Don't miss the great buy opportunity in BNBBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00204). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBBTC 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 59. Take Profits: TP1= @ 0.00230 TP2= @ 0.00260 TP3= @ 0.00299 TP4= @ 0.00354 TP5= @ 0.00439 TP6= @ 0.00472 SL= Break below 0.00200 ❤️ 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 do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
26