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BNB

BNB - ☁️ Ahead; Bearish Momentum On 🐻Binance finds itself navigating through challenging conditions in the coming 24 hours. Clouds of uncertainty loom over this digital currency exchange giant, symbolized aptly by ☁️. Strong bullish sun ☀️ shines over the global crypto market in the next 24 hours, indicating upside potential for other coins, such as BTC. Over a one-week horizon, trading conditions will turn more mixed with Bitcoin, Litecoin, Uniswap, and Chainlink likely to continue to benefit from the sunny bullish trend ☀️, while other altcoins like Ether and XRP may face cloudier if not rainy bearish conditions, as ATTMO indicates. 🌧️📉 Follow us for more crypto weather reports!
by ATTMO
BNB/USDT 4HIntervalHello 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 moved higher from the local downtrend line. After unfolding the Trend Based Fib Extension grid, we see that first there is a support zone from $213 to $207, and then we have a second strong zone from $199 to $193. Looking the other way, we see that the price has been rejected by the resistance zone from $217 to $221, then there is resistance at $226, another at $232, and the next one at $240. Looking at the CHOP indicator, we see that there is a lot of energy to be used for movement, on RSI we are in the process of recovery with room for further decline, but the STOCH indicator indicates that the energy in movement is running out, which may impede a further price drop.
by cryptodailyuk
1
2023 Showdown: Can Binance Coin Hold the $200 LineHello traders and investors! If you appreciate our charts, give us a quick 💜💜. A remarkable similarity between the current Weekly chart of BinanceCoin ( BINANCE:BNBUSD ) and the 2018-2019 market has become evident. It's as if we're witnessing a large fractal pattern unfolding before our eyes. However, as we stand on the brink of 2023, there's a critical juncture approaching - the $200 support level for $BNBUSD. When we examine this fractal in the context of 2018-2019, it suggests a scenario where the price could potentially break down, possibly leading to a significant 50% decline to approximately the $100 level. This pivotal moment at the $200 support level warrants our keen attention, as it could have substantial implications for the future direction of BinanceCoin. The echoes of the past are compelling, and it's essential for traders and investors to stay vigilant and monitor this unfolding pattern closely.
CRYPTO:BNBUSDShort
by Vestinda
BNB: Approaching ResistanceBinance (BNB) technical analysis: Trade setup : Following a bearish breakout from Ascending Triangle pattern, price resumed its downtrend and broke below $220 key level. That’s a level that held up in June and also in Dec 2022, so it’s significant that price has broken below that $220 level and made a new low. Price could revisit $200 support. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). Support and Resistance : Nearest Support Zone is $200. The nearest Resistance Zone is $220, then $260, and $300.
Long
by altFINS
BNB/USDT 1DInterwal Review ChartHello, I invite you to review the BNB chart taking into account the one-day time frame. As we can see, the price is still in the downtrend channel marked with blue lines. When we unfold the Trend Based Fib Extension grid, we see that the price remains in a strong support zone from $212 to $205, but when we fall lower we have a second zone from $199 to $189, and further we can see the price drop to the support level of 176 $. Looking the other way, we can similarly determine the resistance areas that the price must face. And here it is worth marking the main strong resistance zone from $229 to $244, only when the price goes above it and tests positively will we see an increase to the area of strong resistance at $270. The CHOP index indicates that energy is slowly gaining strength. On the RSI we are moving in the lower part of the range, which should bring an increase in the price in the coming days, while on the STOCH indicator we also have a lot of room for the price to start growing, which may have a positive impact on the valuation of BNB.
by cryptodailyuk
3
Market maker riddles, DUMP BTC awaits us 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.✅ Sitting at the chart on the daily timeframe, I saw that we are now developing a structure, plus or minus, similar to that seen above. If you look closely at the graph, you can see the most similar moments at that time as now. For example: a descending structure, pullbacks from a countertrend, similar consolidation after up-down impulses, or in general these similar takeaways in both directions (indicated by a red rectangle). In general, there are thoughts that there will be another fall, BUT first we will see a slight rebound towards $28,500. I honestly don’t know whether this rebound will be another bull trap, but I’ll be glad to be wrong if the cue ball is taken above $30K. p.s: guys, these are just my thoughts that I am sharing, the price may go in a completely different scenario, so be careful.
Long
by DanilBlinkov
BNB/USDDT 1HInterval Review ChartHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price dynamically moved lower from the local upward trend line. When we unfold the trend based fib extension grid, we see that the price remains at the upper limit of the support zone from $214.7 to $213.6, but we can see a decline towards the support level at $210.4. Looking the other way, we have the first resistance zone from $215.4 to $216, then the second zone from $216.7 to $217.5, and then strong resistance at $218.7. Looking at the CHOP indicator, we see that most of the energy has been used, the RSI shows a strong recovery with room for further decline, but the STOCH indicator has exhausted the energy, which may indicate a moment of recovery.
by cryptodailyuk
⚠️Bitcoin is testing an important level!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Well friends, bitcoin has finally revived and we are seeing a slight volatility, but the main thing is that in our direction - LONG Technical: BTC has hit local resistance at $26.426 0.382 Fibonacci. As for me, this is now an important local level from which the reaction of both bears and bulls can follow, if the bulls break through this resistance, then I will expect an impulse to the previous high 27,500-28,100 and higher. But if a refusal follows, then the guys are every man for himself:) I left the limit for $ 24,999 just in case) My position: I try again Long with TBX $25,900 Happy trading everyone, don't forget about your risk management!
Long
by DanilBlinkov
BNB/USDT 4HInterval Review ChartHello everyone, I invite you to review the BNB chart on a four-hour interval. First, we will use the yellow line to mark the uptrend from which the price went down, then we have a visible downtrend, from which we observe the sideways exit and currently we can mark the local channel of the sideways trend with the blue lines. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and here we can see that the price is at the upper border of the support zone from $215 to $210, however, when we fall below this zone, we still have support at $203, and then we can see a strong drop to the support area at $184. Looking the other way, we can also mark the places where the price should meet resistance. And here, a slight price movement will enter the resistance zone from $216 to $220, then we have the second zone from $223 to $225, then resistance at $229, and then resistance at $234. The CHOP index indicates that there is a lot of energy to be used in the upcoming move, on the RSI we are in the middle of the range, which makes it difficult to determine the direction, but the STOCH indicator indicates a rebound, which may push the price towards the resistance zone.
by cryptodailyuk
Support Tested as Price Trends DownwardAs anticipated last week, Binance Coin retraced its movement to the resistance zone between $229 and $234. Currently, it's heading back down towards its support level at around $207. There's now a higher likelihood of the price reaching the $200 mark. In the near future, we might encounter resistance around the $216 mark, possibly leading to a negative response. On the flip side, the support at $207 could trigger a positive reaction initially, but there's a chance it might be breached, extending the downward trend towards the $200 range.
by MonoCoinSignal
9
An incoming last correction wave for #altcoins #total3 presents #altcoins ' market cap excluding #btc and #eth . After the 1st long correction wave, the chart formed falling channel. This formation will be completed with the 3rd correction wave and the dip of the channel will occur. When Elliott' s 123 correction wave is finished, the falling channel will turn bullish. This may be after the halving. 3rd wave seems to plunge altcoins' average by min. %30. Be careful till Q2 2024. NOT FINANCIAL ADVICE. Dyor.
CRYPTOCAP:TOTAL3Short
by naphyse
Binance (BNB) Price Analysis: Exploring Possible Targets💥 Target 1: $190 - A Stepping Stone on BNB's Path As Binance Coin faces potential price retracements, our first target lands at $190. This level represents a crucial support zone where #BNB may find stability and attract buying interest. Traders and investors will closely monitor BNB's price action as it approaches this level, seeking opportunities to accumulate or ride the upward momentum. 💥 Target 2: $150 - Seeking Consolidation and Rebounding Should BNB experience a deeper pullback, our second target awaits at the $150 level. This zone has historically acted as a consolidation area, providing a springboard for potential rebounds. Traders will keep a close eye on BNB's market dynamics and indicators for signs of a reversal, aiming to capitalize on a potential bounce from this level. 💥 Target 3: Between $98 and $110 - Unlocking the Golden Pocket Now, let's dive into the exciting concept of the Golden Pocket. This range, extending from $98 to $110, holds immense significance as a potential support zone for BNB. The Golden Pocket, derived from Fibonacci retracement levels, often serves as a turning point that attracts considerable buying interest. If BNB's price retraces to this zone, it presents an enticing opportunity for traders to enter or add to their positions. The Golden Pocket captures the attention of many market participants, as it historically offers a compelling risk-to-reward ratio for long-term gains.
by sailortrades
6
BNB Chart Review 4H IntervalI invite you to review the BNB chart on a four-hour interval. As we can see, the price has broken the downtrend line and is now struggling to stay above it, while currently we will use the blue lines to mark the uptrend channel in which the price is approaching the lower limit. After unfolding the Fib Retracement grid, we can mark the support zone from $219 to $215, when this zone is broken, there is support at $210, and then we have support at $203. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is now back below the resistance at $225, then we have resistance at the golden fibon point at $230, from which the price rebounded, only when it breaks up we will move towards the resistance at $238. The CHOP index indicates that the energy has been consumed in the last increase and during the current recovery there is an accumulation, on the RSI we have a visible recovery after overheating but there is still room for the price to go lower, the same is indicated by the STOCH indicator which shows the place for us to fall to the support zone.
by cryptodailyuk
it's time to going up for BNBUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want closed the position but our target is the third one) be rich... and doing and living in the best quality *-* (Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management) ************************************************* if you want to enter in this position: Enter Price: 242.3 Target1: 261.9 Target2: 280.8 Target3(Final Target): 326 Stop loss: 219.2
Long
by MakingMoney444
3
Will Bitcoin hit 30,000 again?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ I fix part of the profit, the trap is close! Well friends, the rocket was really loaded, the long scenario works out perfectly, congratulations to everyone who recruited with me and went through this tedious flat in a week and a half Profit from the position at the moment is +51% with 5X leverage. Fixed 70% of the position at $27,950 stop-loss moved to a small plus $26,255. recently shared his thoughts and said that if there is a takeaway, then it is likely that we will be able to get the trend line (red circle) in the $30,150 range. But I don't think it's that simple... Now there is a lot of euphoria around Grayscale and Bitcoin ETF, earlier there was a lot of hype about this, and now it is most likely that MM simply adjusted this takeaway to this time-squeezed news. Guys, I mean that all this noise around the Bitcoin ETF can be a bear trap for bulls, be careful, fix the profit on time. All successful trading and profit!
Long
by DanilBlinkov
1