BNB/BTC - BNB: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the CRYPTOCAP:BNB / MIL:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.008203 | 0.008346 | 0.008612, and the major support zones can be found at 0.007937 | 0.007814 | 0.007548. Consider entering at the current price zone of 0.008272 and targeting higher levels.
◰◲ 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: 0.008272 ₿
▣ 24HVol: 202.604 ₿
▣ 24H Chng: 0.498%
▣ 7-Days Chng: -1.23%
▣ 1-Month Chng: 4.45%
▣ 3-Months Chng: -25.24%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.008203 | 0.008346 | 0.008612
◢ Support: 0.007937 | 0.007814 | 0.007548
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.55
▣ Last 90D: -2.48
▣ Last 1-Y: 0.01
▣ Last 3-Y: 1.29
◲◰ Volatility :
▣ Last 30D: 0.40
▣ Last 90D: 0.45
▣ Last 1-Y: 0.54
▣ Last 3-Y: 1.03
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.34 - Bearish
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.53 - 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.
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BNB
HelenP. I Binance Coin can break support level and fall to $205Hi folks today I'm prepared for you Binance Coin analytics. Some days ago price bounced from 232 point and made a strong impulse up to the trend line, thereby breaking the 245 resistance level, which coincides with the resistance zone. But then it started to decline and in a short time fell below the 245 resistance level, where it some time traded and even later broke the trend line and entered to resistance zone. A short time later BNB rebounded from the resistance zone and made a strong downward impulse to the 215 support level, which coincided with the support zone. But soon Binance Coin broke the 215 support level and fell to the trend line, where it some time traded and then rebounded higher of the 215 level. Now price continues to trade near this level and I expect that BNB can rise a little more and then start to fall to the support level. Binance Coin can break this level and then continue to decline. Therefore I set up my target at the 205 level. If you like my analytics you may support me with your like/comment ❤️
BNB Short-Term Vision !Hello Guys 🙌
Let me tell you something clearly.
it's not financial advice. it's just my vision of the chart of BNB.USD
I wanna share this vision with you. That's all.
Please read it carefully and tell me what you think.
As you see the main trend is still bearish. because we are under the Komo cloud.
The price is far from Kijun-sen.
As we know the price is so eager to be close to Kijun-sen and because of slowing movement In Kijun-sen, the price should be waiting to reach Kijun-sen.
So, we can expect to reach the price of 225-230 USD and then the next scenario will be activated.
So after that, we have to wait for a negative switch between Tenken-sen and Kijun-sen which can lead to further drops.
I specified the short-term target. after breaking the triangle to the price we expect to move. we have two targets. the first one is a Yellow arrow and the second one is a Red arrow. (The last swing)
The main support Zone of around 180-185 USD is everything for Binance coin. I hope Binance Coin never loses this zone. if the price loses that, everything will change for Binance coin and all the market.
Do you agree with me?
do you think Binance coin will lose the main support one and drop?
please do not forget to Like, share, and write your comments below the link.
I'm so eager to know what you think.
and what's your favorite movement in Binance coin?
Share your thoughts in the comments 🙏
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Best Regards , Ho3ein.mnD
BNB Binance Coin (Long Term)Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Today I want to talk about BNBUSD
Before that, I want to remember It's not financial advice.
I'm just sharing my view and opinion of the chart. Please do your own research.
As seen on the chart The price is in the Support zone and I expect the price to react to this support again. But if the price loses this support zone everything will be difficult and the situation will be changed.
This causes a drop in the market, which, as you know, can lead to a FUD in the market. so I expect we lose the first support zone at around 185 USD and move to 60-70 USD and if the second support zone one cannot support correctly the last support is almost 30 USD It's a fabulous zone to buy and Hold BNB for a long time.
We will never see this price anymore. In other words, I have to say BNB has a very high target in a bull market. Buy BNB and Enjoy
Please like, follow, share, and comment if you enjoy this Idea, Also share your ideas and charts in the comments.
Wish you health and wealth.
I hope you will fulfill your ambitions.
Sincerely Yours
BNB/USDT 1H Interval ReviewHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price has moved sideways from the local uptrend line.
After unfolding the trend based fib extension grid, we see that the price is in the support zone from $216 to $213, then there is support at $211, third support at $209, and then support at $205.
Looking the other way, we see that first there is a resistance zone from $217 to $220, then resistance at $222, then resistance at $224, then resistance at $228.
Looking at the CHOP indicator, we see that there is a lot of energy for the upcoming move, we have a rebound on the RSI and although there is room for further decline, when we look at the STOCH indicator, we can see that the energy in the downward move has been used, which may give the price a rebound.
BNB is the best asset now!Hello, everyone!
While most of influencers are talking about some FUD which can happen with the Binance, we don't believe in that because Elliott waves are superior and it told us that BINANCE:BNBUSDT is an extremely strong asset which has likely reached it's bottom.
Let's take a look at the BNBUSDT price chart. We consider the beautiful 5 waves impulse to the downside. Wave 3 bottom can be defined as the minimum value at the awesome oscillator. After that the wave 4 has been represented as a flat correction and final leg down looks like the wave 5. We suppose that wave 5 has been already finished because we have the bullish reversal bar at the very bottom. This bar has the great angle with the alligator.
Moreover, momentum at the AO has been reversed and it formed the bullish divergence with the BNB price. We don't know if price has finished the global bear market or not at this point, but bounce at least to Fibonacci retracement at $280 is anticipated anyway. There we will decide what is coming next.
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BNB ROAD MAP (1D)Recently, many margins have been created for Binance and there are many concerns that this coin will experience the fall of freedom.
But the chart is really behaving correctly and logically, and we think it is unlikely that what happened to luna or ftx will happen to Binance as well.
Considering the temporal behavior and the number of correction branches we observed, we realized that there is a high possibility that we are in a diametric correction structure.
I marked the beginning of correction in the chart. From where I have marked the red arrow, this coin has entered its large and complex corrective pattern Now what is clear is that if the identified pattern is correct, we should be inside wave E of this diametric.
The green area is a low-risk area for buying, especially for those who are holders.
I believe that those who are even holders should have a specific stop loss.
I specified the invalidation level. If a daily candle closes below this level, this analysis will be violated.
Our first target will be the upper red area.
You should be careful that the time frame of this analysis is daily and time-consuming.
BNB 4H Interval ReviewHello everyone, welcome to a review of the BNB chart on a four-hour time frame. Let's start with the blue lines marking the uptrend channel from which the price exited at the bottom, and the price drop after leaving the channel was as much as the height of the presented channel. Locally, we can mark with a yellow line, the downtrend line under which the price is moving.
Let's start by marking the support spots for the price and we see that we first have support at $205, but if the price goes lower, we have another support at $196, then at $189, and another support at $183.
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 currently fighting resistance at $219. Next is resistance at $224, third resistance at $228, then price needs to break through the strong resistance zone from $236 to $244.
The CHOP index indicates that the collected energy is used to increase the price, on the RSI we have a visible increase, although there is room for the price to go higher, it is worth paying attention to the STOCH indicator which indicates that the energy is running out, which may bring a rebound after this increase.
BTC - 1H falling leg for scalpersIn my personal opinion, the price of BTC has failed to increase following the appearance of a strong bullish candle as indicated on the chart. Moreover, selling pressure has resurfaced, raising the likelihood of a substantial decline in Bitcoin's value in the upcoming days.
‼️Rebound soon! Bitcoin is approaching a key level!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Again we get a powerful FUD and again the market reacts with a strong fall, there is nothing unusual, we work further friends
Attempt #2! I try again to take a long, but more positionally. I act in the usual way for myself, I will arrange a grid of orders for additional draw. 30% of the deposit with 5X leverage.
Technical: bitcoin is slowly approaching the key support range of $25,200-24,800, the last strong buyout after a similar spill was from there. (I'm not saying that the situation will repeat itself again, I'm just guessing). Stop set a little further than the local LOW.
Deal plan:
▪️Entry - 25,850/25,333/24,955$
▪️Stop - $23,950
▪️Take - I will update.
Guys, a huge request do not climb on the rampage, observe the risks and with a small profit, try to move the stop to no loss, they can bang again in the direction of the loy, so be careful!
Channel Break Leads to $200 Support Test Amidst Market ShiftsOver the course of the previous week, an interesting shift occurred in the trajectory of Binance Coin (BNB)'s price movement, marking the end of its existing range trend. This shift was characterized by a noteworthy event: the breach of the lower boundary of the channel. This development was propelled by a surge in selling pressure across the market, effectively driving the price of BNB downward, ultimately settling around the $213 mark.
What merits closer attention is the profound impact of this breach on the broader channel designed to encapsulate Binance Coin's price action. As the foundation of this larger channel was shattered, a consequential transformation took place. The area that was once a floor now transitions into a critical resistance point.
Anticipating such a scenario, market analysts had assigned a higher likelihood to a price descent towards the $200 range. This projection materialized, underscoring the predictive capability of these analyses. Consequently, the movement towards the $200 range becomes a pivotal juncture to watch, bearing the potential for various implications.
A prospective retracement back towards the resistance band within the $225-230 range could incite another adverse response from the market, possibly leading the BNB price to revisit the $200 support level. The significance of the $200 range in this context can hardly be understated, as it serves as a confluence point for crucial support levels. This overlap contributes to its potential to trigger a positive response and spark heightened demand for the BNB price.
In essence, this recent sequence of events marks a significant departure from the previously established range trend for BNB, and the breach of the channel's lower boundary has introduced new dynamics to the coin's price action. Observing the interplay between the resistance-turned-support levels and their influence on market sentiment will likely provide valuable insights into BNB's short-term price trajectory.
BNBUSD 50 % drop - BewareBNBUSD got rejected at the strong resistance level. We expect it to have a short term bounce together with the whole market and if we retest the strong resistance level again, it will the most likely get rejected .
50 % drop coming. Beware
The problem is that it went very parabolic in the bull market and there´s no much support so if we break our support zone, we can go much lower.
If we have some heavy FUD related to Binance exchange, it may drop to 50 $ or a bit lower and it would be a a great opportunity to buy at those low prices. However, it´s not very likely in our opinion .
Good luck!
BNBUSDT head and shoulders - SHORTBNBUSDT looks kinda bearish.
The price formed a head and shoulders pattern.
If it breaks down , we should see a retest of the support at 225 $.
Wait for a successful breakout . Once the neckline fails, it should be a swift drop.
Execting a volume surge at the successful breakdown.
Good luck
BNB Market Cap Looks Ready to Fall From a $20 Billion CliffI have made a few bearish Charts about BNB in the past and this is just a small followup and reminder of what seems like the dump to come.
BNB has broken below all major moving averages and has been rejected from the 200-week SMA and now, if we break below $30B in market cap there will be no support below until 10 Billion Dollars but it could go much lower than even that. I thought about plotting some things on the chart such as a Bearish flag or a Harmonic, but I think the plain and empty chart in this scenario speaks more to just how bad this looks than any pattern ever could.
I will however provide a chart link below to the projection I plotted for BNB earlier on in the year:
BNB - 1H rising pullbackThe price of Binance Coin is being upheld by a demand zone on three occasions, and at present, buyers are actively pushing for a significant price increase. Consequently, there is potential for the BNB price to surge and attain a level where supply and demand are balanced, known as the break-even zone.
BNB looks awfullyAlong with Binance even BNB looks very bad and if it stops in the 190 USDT area it's a miracle in my opinion, if it breaks there we could see it around 120 is my optimistic view and below 80 in my realistic/pessimistic view.
I definitely expect some bounce upwards when price reaches the green box, a weekly bullish DIV is already in formation.
In general I'd stay away from this from a point of view of holding.
Good luck