Get started

BNB

BNB: Pullback in UptrendTrade setup : Price is in an Uptrend. It briefly broke above $600, however, it got very overbought (RSI > 80!) and was rejected at that resistance on some profit taking. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break back above $600 to signal continuation of uptrend, with +10% upside potential to $670 next, or 2) pull back near $500 support for another swing trade entry in Uptrend with +20% upside potential back to $600. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). Support and Resistance : Nearest Support Zone is $500 (previous resistance), then $400. The nearest Resistance Zone is $600, then $670.
Long
by altFINS
📈BNB Weekend Rally: Analyzing Upside Potential💎🔍Today is Friday, with just one day left in the trading week, and the market could still offer interesting moves. Hopefully, you've opened positions and profited. Yesterday, after some ranging, the market followed the anticipated pattern, with higher timeframes exerting more influence than shorter ones, propelling the market upwards.Today's focus is on BNB, which, like other assets, surged from the $507.6 support yesterday, gaining nearly 10%. Currently, we're at the 0.382 Fibonacci retracement level of our downward move, and the reaction so far has been limited to a single red candle, indicating uncertainty about future movements. 💎The SMA7 indicator has reached the price level, indicating potential buyer strength, possibly initiating a new upward trend supported by the SMA7. However, if the 0.382 level is breached, the golden Fibonacci zone still acts as a barrier that the price must overcome. 📊A downside of this upward movement is the notably low volume of the candles, suggesting traders' lack of enthusiasm to engage in this trend. 💥The RSI oscillator has broken its midline and is hovering around 53.14. If this resistance is broken simultaneously with a price breakout, it could serve as strong confirmation. 🔒In conclusion, while the market is showing signs of upward movement, caution is advised due to the low volume and the presence of Fibonacci resistance. Confirmation from indicators like the RSI is crucial for validating the bullish sentiment. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.
by itsparham96
BNB/USDT 4HInterval Chart ReviewHello everyone, I invite you to review the chart of BNB in pair with USDT, on a four-hour time frame. As we can see, the price is moving in a downward trend channel, while a sideways trend channel is visible locally, which previously ended with another price drop. As we can see, the upper part of the sideways trend channel is the beginning of the resistance zone from $539 to $553, only after breaking above this zone will the way for further increases towards the resistance at $589 and then further towards $614 open up. Looking the other way, we see strong support at the $500 level, which is located at the lower border of the sideways trend channel, inside the descending channel. And the next strong support is the $462 level.
by cryptodailyuk
HelenP. I BNB will correct to trend line and then rebound upHi folks today I'm prepared for you Binance Coin analytics. A not long time ago price rebounded from the trend line and in a short time rose to the support zone, which coincided with the 505 support level. But, when BNB reached this zone, it rebounded and made little correction, after which it turned around and broke the 505 level. Then price made a retest, after which it rebounded and continued to grow to the resistance level, which coincided with the resistance zone. Price even broke this level, but at once turned around and fell below, but then BNB tried to rise higher again and failed. After this, BNB declined to the support level, which coincided with the trend line, thereby breaking the 602 level one more time. And a not long time ago Binance Coin rebounded from the support level and started to move up. Now, I expect that BNB will decline to the trend line, after which it turn around and continue to move up. That's why I set my target at the 574 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
1
BNBUSDT moving below $533CRYPTOCAP:BNB has made a significant rise during the last days and a lot of interest exists in its charts. At this BINANCE:BNBUSDT 4h chart we can see that CRYPTOCAP:BNB is moving right below the level of $533 (Support 1). If it keeps moving there, we are going to see even a drop to Support 2 - $464 - and there it will be retested again. There is a lot of fear in the market right now and investors are afraid to buy. Given that, it is more likely that we are going to see a drop to Support 2 than a breakout of Support 1.
by logicrypto
Cryptolean Binancecoin BNB Update Binancecoin declined from the key resistance zone of $635-$660. A sustained price action below $529 will push #BNB price lower to $455-$477. A daily candle closure above the key daily resistance zone of $635-$660 is required for another bullish extension towards $716, the new ATH. Intraday Chart The BNBUSDT intraday chart is in the bearish territory below $548. A re-test of the resistance zone of $463-$487 and a bullish rejection will lead to a bullish rally to $548. A solid bullish break-out of $548 will push price higher towards $600. A bearish break-out of $463-$487 will lead to a dip towards $407-$433 and, possibly lower.
by Trade-Lean
BNBUSDT - Price can fall little more and then bounce up to $562Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Recently price has grown in rising channel, where it reached resistance line, after which it made correction. After correction, BNB bounced up from support line to resistance level, which coincided with resistance area. Soon, BNB broke this level, exited from channel, and started to trades in flat, where it two times reached top pattern. Later, price turned around and in a short time declined below $562 level and also soon broke it, thereby exiting from flat too. Also then, BNB continued to fall and now I think that Binance Coin can fall a little more and then bounce up to $562 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
BNB: Pullback in UptrendTrade setup : Price is in an Uptrend. It briefly broke above $600, however, it got very overbought (RSI > 80!) and was rejected at that resistance on some profit taking. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break back above $600 to signal continuation of uptrend, with +10% upside potential to $670 next, or 2) pull back near $500 support for another swing trade entry in Uptrend with +20% upside potential back to $600. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $500 (previous resistance), then $400. The nearest Resistance Zone is $600, then $670.
Long
by altFINS
CAKE - Good Short Trade #CAKE/USDT #Analysis Description --------------------------------------------------------------- + Cake is showing overall weakness as it recently formed a lower low. + There is a good opportunity for short trade as the overall market is looking bearish + We can enter a short trade once the price breaks the support. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 4.192 Stop Loss: 4.563 ------------------------------ Target 1: 3.958 Target 2: 3.761 Target 3: 3.426 ------------------------------ Timeframe: 4H Capital Risk: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Short
by VectorAlgo
Binance Coin can break resistance level, and continue to growHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some time ago rebounded from the support level, which coincided with the buyer zone and started to grow, but soon price made a correction to this level, after which BNB continued to move up. Soon, the price turned around and made a fake breakout of the 402 level and then it turned around and started to grow in an upward channel, where BNB soon broke the 402 level one more time and then continued to grow. In the channel, the price rose to the resistance level, which coincided with the seller zone and even broke this level, after which it reached the resistance line of the channel, thereby exiting from the seller zone also. But soon, BNB turned around from this line and in a short time declined to support line of upward channel, breaking the 586 level. At the moment, Binance Coin trades near this line, and in my opinion, BNB can rebound up from the support line to the seller zone, thereby breaking the resistance level. After this, Binance Coin can make a retest and then continue to grow in an upward channel, therefore I set my target at the 645 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
3
#GAMEFI is a winning Crypto category along with #AI & #MEMESTherefore will produce the best returns (along with #DEFI again) To simplify investing how do we take advantage of #CZ being forced to step down, fined, publicly flogged His crime running the best crypto business in history. Invest in a #BSC project that could 10X in rapid fashion Got the best ticker on CZ's public blockchain and can be bought with a DEX on pancakeswap ***** I just found this , and I am ignoring the rapid price runup this is not the time to be looking for DEEP pullbacks
CRYPTO:GAFIUSDLong
by BallaJi
2
The key is whether the reported price (ATH) can be renewedHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BNBUSDT 1M chart) It has risen above 533.9 and continues to rise to renew the new high (ATH). Accordingly, the key is whether it can rise above 1 (730.5). If not, and it falls, you should check if it is supported around 533.9. (1W chart) I believe that the 573.0-649.5 section corresponds to the psychological volume profile section. Accordingly, the key is whether the price can be maintained by rising above 649.5. (1D chart) If the price maintains above 573.0-649.5, it is expected to rise above 730.5. If it falls, 1st: 522.0 2nd: 427.2 You need to check if you receive support near the 1st and 2nd levels above. If the price holds above Fibonacci 1 (730.5), the next target is expected to be 1.618 (1057.2). It may swing up and down to rise to around 1057.2, but I think it is highly likely that it will eventually touch it. BNB is one of the coins whose circulation volume is reduced through periodic buybacks. Therefore, I think it is a coin that can be used for mid- to long-term investment. These mid- to long-term investment coins can be purchased at a low price and held as is. However, if possible, when a large upward trend appears to be coming to an end, I think it is a good idea to increase the number of coins corresponding to profit by selling only an amount equivalent to the purchase principal. If you sell the amount of the purchase principal, the average purchase price of the remaining coins is 0, so there is no risk of long-term holding. Therefore, purchase principal * 1.1 = amount to sell (Example) If you multiply the purchase principal by 1.1, you will sell 10% more of the purchase principal. As above, it is recommended to multiply it by about 1.1 and cash out more than the purchase principal. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
BNBUSD: Can it reach $15000 during this Cycle?Binance Coin has become overbought on the 1D timeframe (RSI = 85.874, MACD = 52.260, ADX = 67.821), even the 1W RSI (85.874) is off the charts, and it is natural since it is on a hyper strong rally that is approaching its All Time High. The 1W MA50 will now support throughout the whole parabolic rally and the ramainder of the Bull Cycle, as it did in the two Cycles prior. The peaks can be caught very effectively by the Sine Waves and the next is expected to be towards the end of 2025. Every High has been a +0.5 Fibonacci higher, the next is 2.0, so a new peak around 15000 shouldn't be considered unrealistic at all for the coin of the world's largest exchange. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BNBUSDLong
by InvestingScope
4
BNB/BTC - BNB: BBand Breakout◳◱ On the $BNB/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 0.007471 | 0.008373 | 0.009799 and support near 0.006045 | 0.005521 | 0.004095. Entering trades at 0.006758 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: BNB ▣ Rank: 5 ▣ Exchanges: Binance, Kucoin, Gateio, Hitbtc ▣ Category/Sector: Financial - Smart Contract Platforms ▣ Overview: Binance Coin is digital asset native to the Binance blockchain and launched by the Binance online exchange. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.006758 ₿ ▣ 24HVol: 484.938 ₿ ▣ 24H Chng: 7.338% ▣ 7-Days Chng: 14.59% ▣ 1-Month Chng: 51.24% ▣ 3-Months Chng: 91.56% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.007471 | 0.008373 | 0.009799 ◢ Support: 0.006045 | 0.005521 | 0.004095 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 8.06 ▣ Last 90D: 4.83 ▣ Last 1-Y: 0.98 ▣ Last 3-Y: 0.63 ◲◰ Volatility : ▣ Last 30D: 0.56 ▣ Last 90D: 0.54 ▣ Last 1-Y: 0.46 ▣ Last 3-Y: 0.79 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.58 - Bullish ▣ Reddit sentiment score is 0.95 - V. Bullish ▣ In-depth BNBBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
BTC Leads, ETH follows, Altcoins right behind, true?We hear that CRYPTOCAP:BTC runs 1st. Then CRYPTOCAP:ETH follows. Then #altcoins lag showing the biggest gains. Let's see how true that is Early 2021 Chart: 1 Extended #BTC a little bit more on the left to show that there was a run already in progress. 2 #Bitcoin led the rally & it also TOPPED earlier. Took #ETH a little longer to run. It topped later. It also sold off faster than its counterpart. ----------------- CRYPTOCAP:BTC hit a mid April peak CRYPTOCAP:ETH hit a mid May peak ETH fell faster & coincided with BTC on all bottoms, shown in the yellow box. #Ethereum resumed run was bigger, but was in conjunction with #Bitcoin. #BTC made a higher high on this run. However, while the #ETH run was bigger, peaking a month later both times, it made a lower high. ----------------- CRYPTOCAP:ETH bottomed right above 1k in Mid June - July & tested this in Nov. CRYPTOCAP:BTC bottomed at a lower price in November. Both put higher lows in the middle of March. Since then: #ETH has done a 4x! #BTC has done 4.5x & has new ATH! The #Bitcoin performance is pretty much the same but the technical is better. #Ethereum is still under the ATH & resistance is currently stopping. ***So far: The early 2021 run shows CRYPTOCAP:BTC was a clear leader, topped before $ETH. Later in the year, #BTC peaked first BUT did manage to make another high while #ETH did not. During bear market, the clear performer was #ethereum. It managed to bottom first, before BTC. #Bitcoin has similar performance in returns in similar time frames but has been more impressive technically. *** ----------------- CRYPTOCAP:TOTAL 3 = NO CRYPTOCAP:BTC or CRYPTOCAP:ETH #altcoins follow similar trajectory to #ETH in early 2021 but outperformed it by a very good amount. The second half of #altcoinseason wasn't as strong as the first half but still outperformed #ethereum & coincided with patterns again. Smaller caps weakened first showing a loss for risk appetite. ----------------- #Altcoins perform more like CRYPTOCAP:BTC come August 2022. CRYPTOCAP:TOTAL 3 bottomed a month AFTER #BTC. This is shown in the yellow box. Since then, as a whole, smaller caps have severely underperformed #bitcoin & #ethereum by 50%! Granted, those in the right sectors have done well. Sectors like #AI #CryptoGaming & #memecoin. ----------------- CRYPTOCAP:BTC is at an ATH CRYPTOCAP:ETH is 20% away from its previous all time high. CRYPTOCAP:TOTAL 3 = is a whopping 50% from its all time high! *******Conclusion******* Not sure of the narrative being pushed for the last 2 years is correct. At least in reference to #altcoins as a whole. If you're in right sectors, yes, it is great! However, looking at the the data shows that most previous winners are severely lagging. Examples are CRYPTOCAP:BNB CRYPTOCAP:SOL CRYPTOCAP:AVAX BIST:LINK Hope you enjoyed this & get something out of it. (Very hard to show all this data here, Please see our profile for more data)
CME:ETH1!
by ROYAL_OAK_INC
HelenP. I BNB can rebound up from trend line and then fallHi folks today I'm prepared for you Binance Coin analytics. Some time ago price reached the support zone, which coincided with support 2, and soon broke this level, but later BNB fell back. After this, the price broke support 2 again and then rose a little higher, but soon the price turned around and made an impulse down to the trend line, breaking support 2 one more time. When the price fell to the trend line, it turned around and at once started to move up and soon reached support 2 and broke it again. Next, the price continued to move up to support 1, which coincided with one more support zone. And when BNB reached this level, the price broke it and entered to the support zone, but soon BNB made the correction below. After correction, BNB some time traded below support 1 and later finally broke it again and even rose higher than the support zone, but a not long time ago price fell back. At the moment, BNB trades near support 1, which coincided with the trend line inside the support zone and I expect that Binance Coin will rebound up from the trend line and then fall lower than this line and support 1, thereby breaking them. That's why I set my target at the 500 level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
1