The world's largest crypto exchange by volume, Binance continues its push into the embattled crypto mining industry with a plan to begin offering a crypto cloud mining product next month. crypto miners have had a tough year, with the price of bitcoin having hung around $20,000 for months, a far cry from its peak above $68,000 in November 2021. Other cryptos have...
Binance Coin (BNBUSD) has been in Accumulation Mode since early March (March 11 1W candle), trading sideways within initially the Mayer Multiple Bands (MMB) Mean (black trend-line) and the 1st SD above (grey trend-line) and more recently the latter and the 1W MA50 (blue trend-line). With reference to the 1W MA50 in particular, not only has it been the support...
My view for CRYPTOCAP:BNB (Binance Coin) This coin hit my TP1 and TP2 for $540 and $520 yesterday. The question is: looking at the chart today, is it possible that BNB will hit $520 again? Trade with risk management.
Reviewing the BNB/USDT chart on a daily timeframe, we observe a complex pattern with a notable trend of fluctuation and recent signs of potential recovery. Here's a breakdown of the key technical indicators and patterns that frame the current market sentiment and outlook for Binance Coin. Key Observations: Price Movement: BNB has shown a significant downtrend...
BNB is showing bullish momentum, and I remain optimistic about its upward potential. However, I recommend waiting for a pullback to the $519 level before entering a buy position. This level represents a key area of support, where the price is likely to find stability before resuming its upward trajectory. For this trade setup, my target profit zone is around...
From where we placed the red arrow on the chart, the correction of BNB has started. This correction looks like a large triangle whose wave D has recently ended. The green area is where wave E can end and price can enter post-triangle movements. Closing a weekly candle below the invalidation level will violate the analysis For risk management, please don't...
#binance coin #bnb price is about to form a bullish divergence in lower time frame.
15m : Almost took sell-side liquidity "Market may grab more sell-side liquidity. Once done, if there is a bullish confirmation in the 15m and 1m charts, we can take a long position."
💥BNBUSDT BINANCE 1W-TIMEFRAME ANALYSIS 💗Hello ladies and gentlemen This is my new idea for 💥BNB BINANCE I hope my idea is clear Support me by like and share thank you Stay Safe💯💲💲💲 Good luck💰😍
Key Factors Influencing BNB Price 1. Technical Indicators and Their Implications: The MACD is neutral, but the histogram at -1.5 and the MACD line at -1.7 indicate slight bearish momentum, suggesting caution. With %K at 21.02 and %D at 23.04, the Stochastic Oscillator indicates oversold conditions, suggesting a potential for a short-term rebound. The RSI is...
In my previous posts, i' ve revealed the weakened chart of #binance coin, #BNB . The structure is weakening day by day. May be there' ll be a relief rally or some bounces but the main idea is: #bnbusd needs a heavy correction in mid term.
#binance coin #bnb is sitting on the trend support. After the bounce at 54K, #bnbusd is moving in ascending channel. A bearish divergence has been formed in lower time frame. Breaking this support will be dangerous. Price must hold it to be bullish. Not financial advice.
Yello, Paradisers! Have you been keeping an eye on Binance Coin (#BNB)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details. 💎#BNBUSDT has been trading within a symmetrical triangle pattern on the 1D timeframe. Previously, We've observed a failed breakout which reinforces a bearish bias. Currently, #BinanceCoin is retesting...
Binance coin Buy setup. We see triangle pattern on this chart, Bullish breakout is still active. 608 level is the target of this pattern. Risk reward 1:1.6
The price of Binance Coin (BNB) is currently exhibiting interesting technical signals on the 4-hour chart, hinting at a potential bullish breakout. This analysis delves into the current price action, focusing on the 100-day Simple Moving Average (SMA) and the established bullish trendline, to gauge BNB's future trajectory. 100-Day SMA: A Benchmark for...
BNBUSDT Technical analysis update BNB price has been trading inside a range for the last 1,230 days, with multiple rejections from the resistance of the range. Now, the price is moving towards a breakout, which could happen in 1-2 months. The price could reach the $2,000-$2,500 level in 2025. HODL.
Hey Traders, in today's trading session we are monitoring BNBUSDT for a selling opportunity around 560 zone, Binance Coin is Trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 560 support and resistance area. Trade safe, Joe.
#binance coin #bnb price is now moving inside the ascending channel after the dump. The structure seems not so strong. Not financial advice.