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BNB

Binance Coin is on an Important Support looking for ReversalBNB has indeed revisited the predicted support level, confirming the bearish breakout. This support level holds significant importance, as it has previously acted as a strong buyback zone for BNB. Additionally, there is an identifiable trend line connecting the higher lows, which is currently serving as a support level for the price. These factors suggest that the support zone and the trend line are playing crucial roles in supporting BNB's price at the moment.
Long
by TraderChamp-Pro
Scam exchange Binance - need be afraid of such an event? 😰Attacks from SEC on the Binance exchange continue. What can happen to BNB and the largest cryptocurrency exchanges against backdrop of the ongoing circus with the SEC. Its important to understand that BNB can only disappear if Binance exchange is scammed. If this happens, then believe me, a lot of projects will fall off, because the Binance is now, in fact, the so-called crypto market. 📌 Suddenly, someone does not know, this exchange is the main monopolist of crypto industry and it is on it that highest volumes of cryptocurrency turnover take place. We estimate probability of a Binance exchange scam at only 5%, since the lawsuit is only from the US SEC, and Binance is a global exchange that operates all over the world. So you should not be afraid. 💁‍♂️ Most likely, many panicked and started selling BINANCE:BNBUSDT BNB, but price fell by only -10%, which is not much for the crypto market. We dont expect landslide sales for this coin, a maximum of -30-40% from the current ones, and not because of current reasons, but because of the withdrawal of liquidity from the system (read previous posts). Binance simply will not allow a strong collapse of coin, as this will affect the credibility of their business. We think that Binance is and will continue to conduct so-called buybacks (buyback of tokens), especially if the price falls. 📌 For an example, just look at how weak the BNB coin fell in bear market. Do you think the stock exchange has nothing to do with it? We strongly doubt it. 🎯 Technical analysis Coin is trading above medium-term uptrend and is now testing this trend from above. The support level of $258 passes directly below trend line. Above the key resistance level of $339, which price has not been able to break through for more than a year. In case of panic, the price can break through the trend line down and the support level of $258. But below is a very important support level of $223 along which the long-term moving MA200w passes. Below is emptiness up to $ 138 ... The price may well fall to the key level of $223 or even lower, but we think that at any price below this level, the exchange itself will actively buy back tokens, since below it is essentially just emptiness. Therefore, around the $223 level, you definitely need to make purchases, even though it will be very scary! And for those who do not yet have positions on this coin, it makes sense to make the first purchases now, when fear reigns and the price is right at trend line. You can find even more profitable ideas in the profile header 🎩 If you are interested in analysis of any other asset - write in the comments and I will do it.
by Dorado_Crypto
BNB/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review BNB in pair to USDT, on a one-day interval. First, we will use the yellow line to mark the uptrend lines, as we can see the price is currently staying just below this line. Moving on, we can move on to marking support areas when the correction begins to deepen. And here, the first support that currently holds the price is $257.2, but if the support is broken, we have another support at $230.7, and then a third very strong support at $197. Looking the other way, we see that on the way up, the price has to overcome a very strong resistance zone from $ 294 to $ 324, only when it positively tests it, we will move towards the resistance at $ 353.8, and then towards the very strong resistance at the price $396.3. When we turn on the EMA Cross 200, we see that for a long time the price struggled to stay above this level, but the bottom exit resulted in a strong price rebound and a return to the downward trend. Please look at the CHOP index, which indicates that the energy has been used, the MACD strongly confirms the return to the downtrend, while the RSI can also see a strong rebound where we crossed the lower limit of the range, which may indicate that the current correction is coming to an end.
by cryptodailyuk
1
BNBUSDTBNB's main trend is upward, but in my opinion, in the short term, we will have a correction to the range of 270 to 260. Right now, an important trend line has been broken and after a pullback, I expect the price to drop. If this happens, the next supports can be 285 and 270. You can see the rest of the story in the chart. ⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
Short
by Madoir
BTC Faces Headwinds 🌬️ Can BNB Rise Above the Storm? 🌩️Bitcoin faces strong headwinds 🌩️ – signaling a downward trend – in the next 24 hours following the US regulator’s latest crackdown on the US cryptocurrency market. Binance Coin, which is the cryptocurrency in the regulator’s sights, faces sunny conditions signaling upside potential. ☀️ Over a one-week horizon, a slightly bullish market with upside potential is expected for both major cryptocurrencies – Bitcoin 🚀 and Ethereum 🌟. Smaller altcoins, such as Binance Coin and XRP 🔥, should also benefit from this bullish mood and have upside potential. 💼📈 Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
BITSTAMP:BTCUSDShort
by ATTMO
BNBUSDT.1DHello dear friends, *Mars Signals Team wishes you high profits* This is a daily time frame analysis for BNBUSDT.1D We are in daytime. After a 20% drop due to news and complaints from Binance, which faced pressure from sellers. Now the price is fluctuating at our first support zone, and if it can maintain this level, we can consider the possibility of increasing the price to the resistance zone. But if the price cannot support and moves below our second support line and stabilizes, we can consider the possibility of falling to the third support line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
1
ETH - rebound from the countertrend lineHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ I will update the previous idea for ETH, then the entry point was + - the same and the price came exactly to the take profit of $1928. At the moment, the asset has returned to the range from where I gave a long signal last time, let's try! Technically, you can try to get a long position with a small % of the deposit (5-10%) Today I already mentioned this chart on the channel, and as you can see, the support from the trend line works perfectly, but you shouldn’t rush and enter with one limit order or the market, it’s better to take a position with an additional one for another counter-trade confirmation. Deal plan: Entrance - 1835/1805/1777$ Stop - $1724 Take Profit - 2020$ P.S: I did not enter the deal myself, because the margin position for BTC is 25% TBX: $25,850
Long
by DanilBlinkov
BNB: Rising Wedge BreakoutBinance (BNB) technical analysis: Trade setup : Bearish breakout from Rising Wedge pattern and below 200-day moving average (~$300) could signal bearish trend reversal to downtrend. It is however quickly approaching $260 support area and is oversold (RSI < 30), thus price could bounce up near-term, albeit briefly. Patterns : Rising Wedge It usually forms after an uptrend and suggests a potential bearish reversal in the original uptrend. When price breaks the lower trend line the price is expected to trend lower. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $300, which it broke, then $260. The nearest Resistance Zone is $340, then $400.
Long
by altFINS
1
BNB | funds are safu ?At press time, crypto market head bitcoin fell below $30K, resulting in selling pressure dumps BNB token price by 4.5% overnight, when the current price remains at HKEX:326 level. Meanwhile, the market capitalization of BNB reached HKEX:51 billion in the ongoing selloff. Buyers failed to keep BNB above the 9-day simple moving average, but the 21-SMA remains to be seen for a trend reversal. The pullback appears as a retracement phase before the next bullish run to HKEX:400 if the buyers defend the HKEX:310 support area. now lets talk about new upgrade Binance will announce its upcoming BNB Beacon Chain (BEP2) network upgrade and Hard Fork on April 21.the upgrade will take place at an estimated 11:00 AM on April 21, 2023 at block height of 310,182,000. as part of the upgrade process, token deposits and withdrawals on the BNB Beacon Chain will be temporarily suspended from approximately 09:45 on April 21, 2023. Suspending is necessary to ensure that all transactions on the network are processing properly and the upgrade is successful. BNB Beacon Chain is an Ethereum 2.0 compatible chain that allows users to stake Binance Coins to earn rewards and secure the network. The upcoming upgrade aims to improve the overall performance and security of the network.by supporting the upgrade, Binance helps ensure that the BNB Beacon Chain remains a solid and reliable network for its users. After the options delivery ended today, the prices of BTC and ETH fell sharply we are in correction mode now we heading to 325, 323 and 320. 315 and 305 is true war zone and good time for bulls to show who run the game Be Bull , Be Cool
by moonypto
FUD - overflow with a big move?!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ Everyone has probably heard the news that the SEC has filed a lawsuit against the Binance crypto exchange A few days ago CZ tweeted for support when he throws "4" again and what do we see now? That's right, CZ throws "4" on Twitter when the SEC sues his company It's me that again they created a situation for panic and pretend that everything is in order and there is nothing to be afraid of Let's remember the situation on March 10 this year (just look at the chart), decoupling USDC from $, the collapse of the banking sector and a real panic sell in the market, in general, threw the strongest FUD before rising by +10,000 points. Now a similar situation is happening, they are scaring the crowd before a possible reversal. As for my position: As I said in the last post, if they drop below $26,000, then I will average my long, I got $25,650 for 5% of the deposit (25% in the position). Stop temporarily removed, I want to wait out the FUD. Technical: the $25,200 level has not been touched yet, maybe we will get there soon, if you are going to take a position from there, be prepared for (squeeze) the price may drop a little lower by a few hundred points.
BITSTAMP:BTCUSDLong
by DanilBlinkov
ETH and BTC is a strong move hint?Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ I noticed an interesting situation on the charts of ETH and BTC. Earlier on March 10, on the #BTC dump from FUD, the price evenly tested the countertrend on the reverse side and we got a 60% rebound. Now we see a similar picture only on the ETH chart, the price also catches the countertrend line with a shadow. The fact is that for some altcoins, you can use their movement to determine the trend (movement) of BTC
Long
by DanilBlinkov
BNB --> alert for downward movementsBNB --> alert for downward movements hello guys... in my opinion, there are signals for downward movement as well, but from where?! I think after touching the liquidity pool area! there are two targets for short positions that I have shown these! the green area is excellent for a long position, be aware! _______________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
13
BNB: Rising WedgeBinance (BNB) technical analysis: Trade setup : Trading in a Rising Wedge pattern, price pulled back near $300 support zone, which could be an attractive swing entry with upside potential to $340. Previously, after a bullish breakout from Falling Wedge pattern, price reached our target of $340 but got rejected 4x thus far. That’s also a level where it got rejected last year in August and November. Patterns : Rising Wedge It usually forms after an uptrend and suggests a potential bearish reversal in the original uptrend. When price breaks the lower trend line the price is expected to trend lower. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $300 (previous resistance), then $260. The nearest Resistance Zone is $340, then $400.
Long
by altFINS
BNB Short TF Long Setup• I am still expecting BNB to make a lower low. However, it looks as if a relief rally is in the cards for next week. We need to watch out for the ISM services PMI announcement tomorrow (June 5th) but otherwise I think we are short-term bullish. • Following BNB’s PA, you can see that the 308 USD horizontal level is meaningful. I mean that if it flips to support, we can expect a short-term bounce. • Furthermore, if BNB can get above the 308 USD level and flip it, it will also be above the 4H 20 & 50 EMAs which will reduce the bearish pressure. • If BNB reclaims the 316 USD level and the Diagonal line, I think we are off to the races. Please read my previous Idea about BNB for more context. My Trade Idea: • Entry: 308.6 (after retest). • SL: 306.4 (local resistance/support) • Target: 315 • R: R > 1:3 • If this trade is successful, I will not cash out completely because it may go higher. NFA What do you think? Please share in the comments Best wishes to all.
Long
by NewThoughtCrypto
4
Bitcoin - next week will be decisive!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ The standing of the price under the local resistance continues, and this, of course, makes me stop believing in further growth, but I continue to hold the Long position and adhere to the original plan. Technical: nothing much has changed, the buyer again needs to return the price to the $27,500 zone to go above the local High $28,450 and I think this will be a quick takeaway, because we have already removed liquidity from below by going to $26,500, it's time to collect liquidity from above, so be prepared for next week's rally, and don't forget your risk management!
Long
by DanilBlinkov