Get started

BNB

BNBUSDT - Price can bounce down from resistance area to $220Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 A few days ago price entered to rising channel, where it reached $235 level, which coincided with resistance area. After this, price exited from channel, broke this level, and started to trades inside flat, which it rose to next resistance level. BNB failed and some time traded near $256 level in flat, but later price made strong upward impulse higher than this level. Thereby price exited from flat and soon it bounced down to $235 level, making fake breakout of $256 level. Also recently price broke $235 level too, and now BNB trades close to resistance area, so maybe price can rise to this area. Then Binance Coin can bounce from resistance area and continue to decline to $220 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
1
Binance Whale Accumulates 2800 BNB Amidst Money Laundering ProbeThe BNB crypto token is creating quite the bustle within the cryptocurrency universe following Binance’s recent money laundering probe. Simultaneously, a significant whale activity caught the eyes of crypto market enthusiasts as it accumulated notable amounts of BNB as of today, November 22. The whale accumulation of BNB comes after Binance’s settlement with the US Department of Justice (DoJ). Whale Accumulating BNB According to recent market data offered by Lookonchain, a platform offering on-chain metrics, following the settlement between Binance and the US DoJ, a whale, previously known for accumulating BNB, once again amassed significant amounts of BNB. As per the data, the whale accumulated 2,732 BNB, amounting to $646 thousand today, November 22. Furthermore, the same whale, accumulating BNB at price lows, stockpiled a total of 17,152 BNB at an average of $253 since May 10. The aforementioned on-chain metrics caught the eyes of crypto market enthusiasts primarily due to Binance’s ongoing money laundering saga. BNB, or the Binance coin, is a cryptocurrency jacked and backed up by Binance, one of the world’s leading cryptocurrency exchanges. As a result of the money laundering chronicle, the exchange’s credibility and reliability in handling significant amounts of cryptocurrencies has come under scrutiny. BNB Analysist As of writing, the BNB price witnessed a substantial downfall of 9.62% over the past twenty-four hours, reaching $234.07 today. Furthermore, the trading volume witnessed a significant jump of 58.68% over the past day. The BNB price crash seems to fall in line with Binance’s recent DoJ settlement, where Binance pleaded guilty and agreed to pay over $4 million to resolve the DoJ’s investigation into violations related to the Bank Secrecy Act (BSA), failure to register as a money transmitting business, and the International Emergency Economic Powers Act (IEEPA).
BINANCE:BNBUSDLong
by DEXWireNews
BNB Binance Coin The Big Short - CZ to Step Down & Plead GuiltyIf you have`t sold the Bearish Pennand doubled by fundamentals here: or The Next FTX article: Then: Binance Founder Changpeng Zhao to Step Down and Admit Guilt! The CEO of Binance, the world's largest cryptocurrency exchange, is set to resign and plead guilty for violating U.S. anti-money-laundering laws, as part of a deal aimed at allowing the company to maintain its operations, sources familiar with the situation revealed. Changpeng Zhao is expected to make his plea in a Seattle federal court on Tuesday afternoon, according to recently unsealed court records. Simultaneously, prosecutors unveiled charges against Binance, owned by Zhao, for offenses related to money laundering and sanctions. Binance is also slated to plead guilty. Considering these developments, I anticipate a decline in the value of the BNB coin. Curious what are your thoughts on the potential price decrease?
Short
by TopgOptions
CZBINANCE is leaving! Will BNB coin rise again?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ The week certainly turns out to be powerful for events, and the market reacts accordingly... Let's start from the beginning: technical analysis on the BNB chart shows a double test of the global countertrend line, and so far everything is unsuccessful, there is no breakout! But we received a noticeable pullback, where I decided to average my long position. Of course, the news background played a big role in this volatility. I think without him we would have dropped to $300 a long time ago, but now we’ll have to wait a little). CZ IS LEAVING BINANCE, IS IT BENEFITABLE FOR HIM? Yesterday's announcement about the resignation of the CEO of Binance, of course, came as a surprise, and the market began to react in both directions, “destroying” everyone in a row - this is already a classic: if you hear news about CZ and BINANCE, then expect that they will start shaving everyone According to some analysts, if Binance settles the issue with the Ministry of Justice and pays the imposed fine of $4 billion, then the greatest pressure will be removed from the cryptocurrency market, and the start of the next bull market will not be long in coming. It turns out that all this time CZ was a brake on the bull? Or they are simply accelerating fomo, and the latest growth was the peak this year. What do you think? And a few of my thoughts on everything that is happening) Yes, perhaps the authorities have put a lot of pressure on CZ, and he has to take the most extreme measures (leaving the exchange, paying a large fine, etc.). But I will never believe that CZ would just give up. I think he always makes decisions in his favor, and his departure is simply to remove unnecessary attention from his brainchild and himself. CZ won’t just leave it like that, he will still punish his offenders. Remember what he did with FTX - they were his direct competitors, and SAM had a strong team behind him, and most importantly, SAM had connections in power. And where is FTX now, and where is SAM? What I mean is that the more negativity that surrounds BNB now, the stronger the bullish blow will be. At the moment more time is needed.
Long
by DanilBlinkov
Binance coin rocky road- Not a good picture for bullsAfter finding solid support just above the 200 mark in August, Binance Coin began a period of consolidation. This phase was followed by a break to the upside and a rise, fueled by a renewed wave of enthusiasm within the cryptocurrency market. But, and there is a big BUT... Looking closely at the recent price action we see that after the break of the consolidation to the upside, the coin lacked meaningful continuation and started to consolidate again. More, the spike from 2 days ago was met with selling power, and yesterday, again, the rise was reversed strongly, leaving an immense bearish engulfing candle on our daily chart( approx 20% the range of the candle ). All these signs are not bullish at all, in fact are hugely bearish. In conclusion, I'm looking to sell BnbUsdt on rallies around 250 with negation above recent spikes. A conservative target for this scenario would be the 200 zone. However, it wouldn't be surprising if we see a breakthrough beyond this level as well.
Short
by Mihai_Iacob
Where next for Binance?On November 21, the price of BNB surged to a five-month high of $274. The intraday surge in BNB, however, was swiftly undone when more details on the DOJ's settlement with Binance became available. Changpeng Zhao (CZ), the CEO of Binance, will enter a guilty plea on charges of breaking criminal anti-money laundering regulations. In addition, #binance will admit admission to a criminal offense pertaining to transgressions against money laundering, which will carry a hefty fine. In addition, it is anticipated that CZ will relinquish his position as CEO, with Richard Teng being a possible replacement. Given the continuing legal disputes involving the cryptocurrency #xrp between the US Securities and Exchange Commission (SEC) and Ripple Labs, this settlement may be viewed as a triumph for regulators. If these cases are successful, values may rise and there may be an increase in trust in the crypto industry as a whole. The news has been priced into the crypto market, leading to extreme volatility in Bitcoin and other altcoins.
BINANCE:BNBUSD
by JinDao_Tai
High Chance We See BNB/Binance Collapse before Year End.Factors listed below Binance losing card deposits / bank transfers has cut the entire liquidity off that binance was using to "market" to new people Binance: Hot Wallet 20 10,977,123.66058318 BNB 45.43435845% Binance: SAFU Wallet 1,364,102.15161748 BNB 5.64602423% The rest of the holders of "BNB" are 400+ accounts holding very similar amounts under the 0.2% mark telling me the majority holder of BNB is Binance itself. There is very very little retail / institutional holding of BNB Why is this important? Binace has used almost all their reserves to buy and hold up the BNB token that's used to earn yield on their platform. This means they have run down the reserves + no retail on ramps meaning no new funding for their company + no trading fee's. Their trading volume is also completely fake few major accounts are wash trading I suspect this is Binance themselves meaning again they aren't making any revenue for fee's its all a cover to make out like they're functioning. Coinbase has surpassed them in AUM by about 3-4x in the last Q. Binance has only one option to raise funding and that is to sell BNB now what happens when there's absolutely no real buyers of BNB? the price will completely collapse.
CRYPTO:BNBUSDShort
by FederalXBT
7
Uptrend reversal: When price is maintained above 268.5Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BNBUSDT chart) Regardless of whether you use Binance Exchange or not, its influence on the coin market is quite high because it is the largest exchange. BNB coins are continuously reducing the number of BNB coins through buybacks. There are quite a few coins (tokens) that are expanding their correlation with this exchange, so it is one of the coins that is expanding the coin ecosystem by forming a network called BNB chain and increasing its correlation. (1M charts) One wave creates a wave that is completely different from the previous one. Accordingly, the 179.2-210.2 section can be considered an important boundary section. However, because BNB is a coin associated with an exchange, the risk burden should be considered higher, unlike BTC or ETH. Therefore, I do not think it is appropriate to blindly drag the purchase principal into a long-term investment. Therefore, I believe that the trading method of increasing the number of coins corresponding to profit through trading in response to rising or falling times is the way to stabilize one's psychological state. This method will be applied to all altcoins thereafter. Like yesterday's NEAR coin, it is one of the coins that has not risen above the MS-Signal indicator on the 1M chart among coins that are expanding the coin ecosystem. Therefore, you can see that it is showing a slower rise than other coins (tokens). (1W chart) The key is whether it can rise to the 283.4-339.08 range and receive support. To do so, it is important whether the price can be maintained by rising above 260.72. (1D chart) It touched the 268.5 point and appeared to be trying to break through the M-Signal indicator on the 1M chart. Accordingly, if the price is maintained above the 240.2-248.8 range, the possibility of starting an upward trend is expected to increase by rising above the M-Signal indicator on the 1M chart. Therefore, the key is whether the price can rise above 268.5 and maintain it. -------------------------------------------------- --- BNB is one of the altcoins other than BTC or ETH that is suitable for mid- to long-term investment. However, if a problem occurs at the exchange and the exchange is closed, it will be useless, so you should always think about ways to respond to this and create a trading strategy. Therefore, if possible, I think it is better to choose a trading method that increases the number of coins in response to profits. -------------------------------------------------- - 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. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
Exploring Trends and Opportunities in Cycles with BNB/BTCAnalyzing the recurring cycles within the BNB/BTC pairing reveals a promising landscape for strategic trading. Over 650-day intervals, distinct patterns emerge, guiding investors through highs and lows in price dynamics. This cyclic strategy presents a valuable tool for traders seeking optimal moments to exchange between BNB and BTC, potentially maximizing gains and capitalizing on market opportunities. It's crucial to acknowledge the current long-term historical uptrend in BNB/BTC, recognizing that revisiting lower price regions may be a healthy and strategic move from a technical perspective. In essence, understanding and navigating these cycles can empower investors to make well-informed decisions, aligning their trades with the prevailing trends and enhancing overall trading performance."
Short
by joaowedsonf
BNBUSDT Bulls in Control🔅BNBUSDT's price movements have revealed a compelling shift in two supply levels transitioning into key demand zones. Initially observed at $220, the resistance-to-support transformation is evident, indicating a robust shift in market dynamics. The subsequent level at $238 echoes a similar narrative, reaffirming the trend of supply turning into demand. Over the past three days, this support level has garnered consistent respect, aligning harmoniously with the ascending trendline. This collective pattern underscores the prevailing dominance of buyers, significantly bolstering the probability of an ongoing uptrend scenario. 🔅The continuous adherence to the present support levels fortifies our anticipation of a potential 15% surge in Binance Coin. Our prognosis derives strength from the identification of a formidable double Fibonacci resistance positioned at $270, which serves as a significant barrier to price movement. 🔅As long as the current support levels maintain their integrity, the outlook remains bullish, setting the stage for a probable upward movement with a calculated target of $270, signaling a 15% upward trajectory for BNBUSDT.
Long
by CryptoPAMM
BNB Price Soars As Binance Discusses $4 Billion Fine The U.S. Justice Department is seeking more than $4 billion from Binance Holdings as part of a proposed resolution of a years-long investigation, Bloomberg News reported on Monday. Negotiations between the Justice Department and Binance include the possibility that the cryptocurrency exchange's founder, Changpeng Zhao, would face criminal charges in the United States. The BNB price soared as much as 7% after Bloomberg News reported that Binance is in discussions with the US Department of Justice (DoJ) that may result in it paying a $4 billion fine to settle allegations of multiple criminal violations. The discussions with the DoJ may result in a settlement within weeks, but founder Changpeng Zhao may still face criminal charges, Bloomberg reported, citing people familiar with the matter. Binance, the world’s biggest crypto exchange, has been accused of money laundering, violating sanctions, bank fraud, and breaking US securities laws in a case that has weighed heavily on the crypto industry. A $4 billion settlement would make it one of the biggest in the history of the cryptocurrency space. Whether other conditions would be imposed as a part of the settlement are unknown, Bloomberg said. The BNB token, which powers the Binance ecosystem, spiked as markets interpreted the news as a bullish, best-case scenario for the beleaguered crypto exchange. It subsequently pared gains to trade up 4.8% at $260.73 as of 06:12 EST but is now trading at $257.3 with a gain of +1.77
Short
by DEXWireNews
BNB: Approaching ResistanceBinance (BNB) technical analysis: Trade setup : Trends are improving. Following a bullish breakout from Sideways Channel, price reached our target of $260. Price broke above 200-day moving average (~$242) and needs to break above $260 resistance zone to confirm Uptrend. If it does, it could revisit $300 next. Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $220 (previous resistance), then $200. The nearest Resistance Zone is $260, which it broke, then $300.
Long
by altFINS
BNB Update - 23082023BNB Should hold critical support at 200. Otherwise whole crypto market will drop as we observed in FTX collapse. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
by rukshan2102
BNB/USDT 4HInterval ChartHello everyone, let's take a look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price has returned below the downtrend lines. When we unfold the Trend Based Fib Extension grid, we will see a support zone created from $24 to $241, while it is worth marking the support level at $231.8. Looking the other way, we have significant resistance at $248.6, but it is worth defining the resistance zone from $253.8 to $257.5. Looking at the CHOP indicator, we see that there is still energy for a new move, on the RSI indicator we have a rebound with room for further declines, while on the STOCH indicator we are approaching the lower limit, which could have resulted in a temporary deceleration of the correction.
by cryptodailyuk
💡Don't miss the great buy opportunity in BNBUSDTAs BNB flirts with a significant resistance trendline, the anticipation of a breakout builds. A decisive close above this level could ignite a rally towards Fibonacci extension levels of 1.272 and 1.414, correlating to a price target around $1200—representing a fivefold gain from the current position. Given Binance's stature as the 'father of the crypto market,' it's plausible to expect a vested interest in bolstering the value of its native coin. Investors should monitor this pivotal movement, as BNB's ascendancy could be a testament to Binance's influence in the crypto ecosystem. My rigorous and detailed analyses of BNB, visible at my TradingView profile, have historically captured the pulse of its market movements, proving to be successful time and again. With Binance's dominant market role, BNB is on the brink of a potential quintuple surge, as it approaches a pivotal breakout point. My extensive research and careful market scrutiny suggest a strong upside, especially with Binance's vested interest in enhancing the value of its flagship coin.
BLong
by srmustafabas
Bitcoin unloading has occurred, further growth?Remember earlier I wrote that this trend line can be a breath of fresh air for bears? The rollback was significant, by as much as 4000 points if we consider the very peak of BTC. In the last review on YouTube, when we analyzed altcoins and the BTC chart, I mentioned that a pullback was most likely to be expected, since all indicators were at their maximum values (fear index and funding, as well as the indicator). The big player simply needed to shed excess weight for the performance to return to normal. If we talk about altcoins, then MM left its mark here too, liquidating positions with 10-20 shoulders. Can we say that the unloading is complete? It’s possible, but you shouldn’t relax too much, since BTC may still have someone to “finish off”, for example, 10-15 BTC shoulders. They can come back for the lying ones All the coins that I opened earlier #ZIL #WAX #BNB compared to the others look more alive than all the living ones, but unless, of course, you overestimated the risks! I hope that this was a slight unloading before the continuation of the upward movement in BTC and other alts.
BINANCE:BTCUSD.PLong
by DanilBlinkov