Binancecoin
Binance Coin (BNB) - a wide channelBNB has been oscillating in a wide channel since Feb last year (2021); almost ideal situation for swing traders.
Now, since last Jun, BNB started a upward (impulse) wave and recently broke a major downtrend line, and now an inverted wedge as a correction pattern is almost finished. Can we see BNB reach the upper line of the channel? or even break the channel and ascend further? Yes? maybe?
Well, not so soon. Have to wait for BTC to break some major lines, Fed's next Wednesday meeting and see how stock market will react!
Also market is acting strange today: SPX up, DXY up and BTC is also up. So be careful :)
Binance Coin Long Setup Setting / Next Alt-Season BasketBINANCE:BNBUSDT
OKX:BNBUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
Considering the price trend in its previous channel, by repeating the stabilization of the price at the bottom of the second parallel channel, it can be expected that the price will continue to move up to the top of the new channel.
The price breaking above the specified level can increase the certainty of the realization of the price target.
The price falling below the red level cancels the bullish scenario of Binance Coin.
Potential price targets for the levels will be $950 and $1,447.
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
950
1447
2340
3515
🔴SL:
252
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Binance Coin (BNB)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 faced similar or even worse declines. One of the largest mining-related firms in the U.S. filed for Chapter 11 bankruptcy in late September. Other companies, however, are seeing opportunity from this crisis, with CleanSpark going on a buying spree of mining rigs and data centers, and DeFi platform Maple Finance starting a $300 million lending pool
Binance Pool announced its own $500 million lending fund for bitcoin miners last week and said it would enter cloud mining, a service that allows investors – who otherwise might not be able to buy and operate their own equipment – to rent crypto mining machines. The official launch of the cloud mining service will come in November.
BNB can back to 300 in a short time but 195 is a good price for entry and long term investment
BNBBTC Get ready for BNB's ride.BNBBTC is consolidating between the 1week MA50 and 1week MA100.
Once the 1week MA100 breaks, we expect the Cycle's massice rally to start, where BNB aggressively outperforms BTC in gains, similar to Jan - May 2021.
We expect a new All Time High April 2025.
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Positioning for Potential: $BNB Set to Break Out!I think it’s time to consider taking a position in $BNB. It has been ranging for a while, and the weekly timeframe is finally showing some strength.
I’m anticipating a break of the purple line within this week, or by next week at the latest.
The time@mode is still to be confirmed, and the Point of Control is just a few percentage points away from current prices. The bi-weekly chart looks much more constructive compared to other timeframes, so it’s definitely something to keep an eye on.
Also, be prepared to play betas on this one; Simon’s Cat is one to add in case CRYPTOCAP:BNB goes on a rampage toward $1k.
BNB/USDT Trading Scenario UpdateAt the beginning of 2024, after a short-term accumulation phase, BNB showed a significant increase, reaching a local maximum of $723.5. This growth amounted to more than 140% from previous levels. Currently, the asset is in a prolonged accumulation phase, which has been ongoing since March until the present day.
From a volume profile perspective, the current price zone represents significant interest for market participants. It is also important to note the shift of significant volumes and the Point of Control from the $315 level to $584.
The shift of the POC to a higher level ($584) indicates that market participants are showing interest in buying at higher prices, which in turn could serve as a prerequisite for sustainable price growth in the future.
A breakout of the local maximum level at $723.5, followed by consolidation above, could open up the potential for further growth of BNB. If this resistance level is successfully overcome, the asset may enter a bullish trend phase with new price targets.
#BNBUSDT Showing Signs of Weakness | Is it Time to Sell #BNB? Yello, Paradisers! Are we about to witness a major #BNB breakdown or a move upward? Let's discuss the latest analysis of #BinanceCoin:
💎#BNBUSDT has been showing clear signs of weakening bullish sentiment, much like Bitcoin. Recently, we observed a failed breakout from a key resistance zone, further strengthening the bearish outlook. Now, as #BinanceCoin approaches this major resistance again, there’s a real possibility it could fail to break through once more.
💎The diminishing trading volume and the Point of Control (POC) from the VRVP indicator acting as resistance increase the chances of a further drop. If #BNB fails to break the crucial resistance zone between $610-$637, it’s highly likely we will see a retest of the Bullish Order Block (OB) at $471.6.
💎However, should #BNB fail to hold at $471.6, the next major support zone to watch is at $387. This area is rich in liquidity and could create a strong opportunity for a pullback if tested.
💎On the flip side, if the symmetrical triangle’s lower support holds up well, we could see the bulls regaining control, potentially sparking a bullish rally. Keep in mind that the overall market sentiment, along with Bitcoin’s price movements, will play a key role in determining #BNB’s next move.
If you want to be consistently profitable, you need to be extremely patient and always wait for high-probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
Bitcoin/USDT on 1-hour timeframe Binance. TA+Trade plan by B.F.Descending Channel Pattern:
The price is trading within a descending channel. The upper boundary (resistance) and lower boundary (support) are clearly defined.
Descending channels typically indicate a bearish trend, but if the price breaks out of the channel, it could signal a trend reversal.
Possible Breakout to the Upside:
The chart highlights the possibility of a breakout above the descending channel, supported by a bullish blue trendline.
The breakout area is noted around the 61,758.48 USDT level. If the price moves past this level, it could lead to further upside momentum.
Volume:
Volume appears moderate, indicating that the market has yet to show a strong momentum surge. A breakout on higher volume would confirm the upside move.
Indicators:
VMC Cipher B Divergences: This indicator shows multiple green dots, suggesting bullish divergence and potential reversal.
RSI (Relative Strength Index): The RSI is in neutral territory around 58.66, indicating no extreme overbought or oversold conditions. If it crosses above 60, it may confirm the bullish breakout.
Stochastic Oscillator: The stochastic shows a bullish signal, with the %K line at 90.29 and the %D line at 88.42. However, it’s approaching overbought territory, suggesting caution as there could be short-term pullbacks.
HMA Histogram: Shows a slight downtrend in the short term (negative values). If it turns positive, it could confirm the breakout move.
Support and Resistance Levels:
Resistance 1: 61,758.48 USDT (upper boundary of the channel and key breakout level).
Resistance 2: 64,591.15 USDT (previous high, and next major resistance zone if the breakout happens).
Support 1: 60,301.68 USDT (lower boundary of the channel).
Support 2: 59,000 USDT (psychological support and lower range of the broader consolidation).
Trading Plan:
Long Position:
Entry: Enter a long position if the price breaks and closes above 61,758.48 USDT with a confirmation candle (preferably on higher volume).
Stop Loss: Set a stop loss below the descending channel or at the 60,301.68 USDT support level to limit downside risk.
Take Profit: The initial target would be the next resistance at 64,591.15 USDT. Partial profits can be taken here, with further upside potential if momentum remains strong.
Short Position (in case of failure to break out):
Entry: If the price fails to break above 61,758.48 USDT and falls back into the channel, consider a short position targeting the support at 60,301.68 USDT.
Stop Loss: Place a stop loss slightly above 61,758.48 USDT to protect against an unexpected breakout.
Take Profit: Target the lower boundary of the channel and potentially below, near 59,000 USDT.
Conclusion:
The overall structure indicates a potential breakout from a descending channel. A confirmed breakout above 61,758.48 USDT could signal a bullish reversal and upside toward 64,591.15 USDT. However, if the price fails to break out, it may continue to trade within the channel, offering short-term trading opportunities.
Monitoring volume and key levels (especially 61,758.48 USDT) will be crucial for confirming the next major move.
BNB - BEST Buy ZonesHistorically , large wicks usually get filled almost in the same way that a gap gets filled. It may not be soon, but if you're willing to wait a few weeks (or even a few months) you could get in lower and buy at a more ideal price.
(see Warren Buffet's trading philosophy on Buying at the RIGHT PRICE👇)
The particular wick in reference is the following one. The range is extremely wide, and there's a $100 gap where you could possibly dollar-cost-average:
Even if we would fall this low in the SHORT term, the price would still be bullish - we are evidently still trading in a bullish cycle, as this is likely a multi-month corrective pattern paying out. If you've been following for a while, you'll know i have been referring to this multi-month cycle on numerous occasions; anticipating the final impulse wave up according to Elliot Wave Theory (wave 4-5).
In the meanwhile, you could get lower entry prices on your favorite altcoins.
__________________________
BINANCE:BNBUSDT
#XRPUSD 1DAYXRP 1-Day Chart Forecast:
The XRP cryptocurrency is displaying strong bullish momentum on the 1-day chart, suggesting a favorable buy opportunity. The market appears to be in an **uptrend**, with price action consistently forming higher highs and higher lows, indicative of sustained buying interest.
Key elements supporting the buy forecast:
Uptrend Continuation: XRP is likely following an ascending trendline or breaking above recent resistance levels, signaling the potential for further upside.
Bullish Indicators: Momentum oscillators such as the RSI and MACD may be supporting the bullish outlook, with the RSI remaining in a favorable range and the MACD showing positive divergence or a bullish crossover.
Support Levels: The price may have bounced off a key support level, confirming the strength of the uptrend and providing a good entry point for buyers.
Traders looking to capitalize on the buy opportunity should consider setting stop-loss orders below recent lows to protect against unexpected pullbacks. Profit targets can be placed near key resistance levels or previous swing highs. While the uptrend is strong, it's important to watch for any signs of trend exhaustion, but the **technical outlook favors a buy strategy** for XRP on the 1-day chart.
The Patience Game: Waiting for Binance to Drop to $335 demandLook at the significant monthly demand level for Binance’s BNB at $335. The chart below displays where this imbalance is situated. Will Binance decrease to that level? We cannot say for certain, but it is what we anticipate in the upcoming weeks. It is possible that Binance will not drop and instead continue to surpass its all-time high, but we are discussing probabilities here.
BNBUSD: Neutral on 1D but ready to explode.Binance Coin may be neutral on its 1D technical outlook (RSI = 50.922, MACD = 14.240, ADX = 37.132) but this consolidation is a build up to a potential price explosion, as the market tested and held the 1W MA50 in August. This is a similar pattern followed in October 2020 and before that in 2017, which led to the cylical rally to a blow off top. On each Cycle it is logical that the rallies will be shorter (diminishing returns). The first rally covered a full 1.0 Fibonacci range, the second 0.5 and it won't be unrealistic to expect 0.25 this time (50% less each time). Consequently, we expect the 1.75 to be reached this time (TP = 4,500).
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BNBUSDT Targeting 2021 All-Time High Amid CZ's Release!!BNBUSDT has successfully broken through key resistance levels and is gaining momentum towards the all-time high seen during the 2021 bull market. With Binance founder CZ set to be released today after serving 119 days in prison, this event may significantly impact BNB's price action.
Expecting a substantial upward movement, but as always, ensure you have your stop-loss in place to manage risk effectively.
BNBUSDT (1W Chart) Technical analysis
BNBUSDT Currently trading at $608
Buy level: Above $600
Stop loss: Below $500
TP1: $650
TP2: $720
TP3: $850
TP4: $1000
Max Leverage 3x
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Binance Coin - We Will See The Bullish Breakout!Binance Coin ( CRYPTO:BNBUSD ) is hugging the previous all time high:
Click chart above to see the detailed analysis👆🏻
Binance Coin has been hugging the previous all time high resistance for a couple of months in a row. Therefore it is quite likely that a bullish breakout will happen soon and following the previous pattern entry, Binance Coin could even hit 5 digits during the next crypto bullrun.
Levels to watch: $620, 20.000
Keep your long term vision,
Philip (BasicTrading)
BNBSUD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD BNBSUDSHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Binance Sets to List Hamster (HMSTR) With $14 Bln in LaunchpoolBinance is gearing up for yet another major token listing, with the highly anticipated Hamster Kombat ($HMSTR) set to debut on September 26. The platform’s Launchpool has already locked in over $14 billion, signaling immense market interest in this new Telegram-based play-to-earn (P2E) game. This massive figure marks a key milestone for Binance, showing both the game’s potential and the growing power of P2E gaming in the cryptocurrency space.
Hamster Kombat’s Airdrop and Binance’s $14 Billion Milestone
As part of the lead-up to the $HMSTR listing, Binance’s Launchpool initiative has locked over $14 billion worth of assets, primarily in Binance Coin ( CRYPTOCAP:BNB ) and FDUSD. These funds are being used to facilitate an airdrop of 3 billion HMSTR tokens, giving investors and gamers early access to the game’s in-game currency. The interest has been staggering, with 1.3 million BNB participants and over 2 billion FDUSD locked into the pool. This not only showcases strong demand for the $HMSTR airdrop but also speaks volumes about the P2E industry’s growth, with Telegram-based games proving to be a key engagement tool for crypto users.
As of September 25, the total locked value on Binance Launchpool reached $14,116,492,769, underscoring significant traction in the market. Investors have rushed to get a slice of the action, and excitement is building as the token airdrop nears its completion, with trading set to start just hours after the on-chain claim begins at 10:00 UTC on September 26.
Hamster Kombat: A Telegram-Based P2E Game Taking Off
Hamster Kombat is more than just a meme token. It’s a Telegram-based P2E game, providing players with an interactive experience where they can use unique cards and collect in-game diamonds to boost their profits. The game's first season recently concluded, and the second "interlude" season is already live, continuing the game's momentum ahead of its token listing.
Players in Hamster Kombat participate in a unique, competitive environment. With the introduction of a crypto exchange CEO simulator as part of the game’s core gameplay, users can engage in a fun, immersive experience that mirrors real-world cryptocurrency dynamics. The P2E nature of the game offers an additional layer of reward for users, further solidifying the game's appeal in the eyes of crypto enthusiasts.
Binance Launchpool and the P2E Trend
The Binance Launchpool has already been a launchpad for successful Telegram-affiliated tokens like $NOTCOIN, SEED_ALEXDRAYM_SHORTINTEREST1:DOGS , CATIZEN, and CRYPTOCAP:TON , positioning itself as a major player in bringing P2E games to the mainstream crypto audience. Hamster Kombat is simply the latest in this line of successful launches, but its monumental $14 billion lockup sets it apart from the rest.
With Binance’s involvement, the P2E trend is reaching new heights. The combination of easily accessible, Telegram-based gameplay and Binance’s robust platform gives the project strong market credibility. Given the increasing demand for interactive and rewarding crypto experiences, Binance’s decision to expand its support for P2E projects could very well spark a broader bull run in the gaming and meme token sectors.
CRYPTOCAP:BNB and Market Positioning
Amid all the excitement surrounding Hamster Kombat, Binance’s native token, BNB, has faced some downward pressure, trading down 1.13% at the time of writing. Despite this short-term dip, the broader narrative remains positive. Binance has successfully onboarded large numbers of users into the crypto space through these clicker-based Telegram games, showing the platform’s adaptability to emerging trends.
With CRYPTOCAP:BNB already integrated into the Binance ecosystem and heavily involved in the HMSTR airdrop, the token remains well-positioned to benefit from the broader momentum in P2E gaming and the upcoming bull run that many analysts predict for the cryptocurrency sector.
The Road Ahead: HMSTR’s Listing and Future Outlook
As we approach the September 26 listing of Hamster Kombat on Binance, it’s clear that the project has struck a chord with investors. With $14 billion locked in Launchpool, strong participation in both the CRYPTOCAP:FDUSD and CRYPTOCAP:BNB pools, and a vibrant in-game economy, Hamster Kombat is shaping up to be one of the most exciting new projects in the P2E space.
Market analysts are also watching closely to see how the $HMSTR listing will perform and whether it can follow the successful paths of previous Binance listings like $TON. With growing bullishness around both the game and its underlying token, the upcoming listing could be a pivotal moment for Hamster Kombat and the broader P2E gaming market.
As for Binance, its focus on innovative, user-friendly P2E games is helping the exchange solidify its role as a key player in the next wave of cryptocurrency adoption. With more tokens and games likely on the horizon, Binance seems well-prepared for the bull run that could be just around the corner.
Are you ready for the next big listing? Join the action as Hamster Kombat ($HMSTR) gears up for its launch and prepare for the excitement ahead!
BNBUSD more consolidation but long-term cyclically targets $2000Binance 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 since the late December 2023 bullish break-out but was successfully tested and held on the most recent pull-back, the August 05 Low.
This solidifies its position as the Support throughout the remainder of the Bull Cycle, which was in fact also the case during the previous Cycle where BNB had the final accumulation phase (blue ellipse) from September to December 2020, again within the same MMB - 1W MA50 zone, which initiated the most aggressive part of the Cycle (parabolic rally).
That rally peaked on the MM 3rd SD above (red trend-line) so a $2000 price tag, which will 'only' come close to the 2nd SD (orange trend-line), appears to be a realistic Target.
In addition, the Sine Waves serve as an excellent tool in roughly estimating the timing of the Cycle's peak, as it was very efficient during the previous two Cycles. That could be anywhere around June 2025.
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