Get started

Binancecoin

BNBUSD Still inside a Triangle despite the recent surgeBNBUSD is trading inside a Triangle pattern since May. The price is at the moment very close to the Triangle's Top. Trading Plan: 1. Buy if the price breaks over the Triangle' Top. 2. Sell as long as the price trades under the Triangle' Top. Targets: 1. 398.0 (Resistance 1) 2. 270.0 (1st Rising Support of the Triangle). Tips: 1. The RSI (1d) about to break inside the overbought zone. An RSI of at least 75.00 has formed the previous price highs. Please like, follow and comment!!
BINANCE:BNBUSDLong
by TradingBrokersView
Binance Coin has tested resistance area and can to declineHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the Binance Coin re-tested the seller zone, from which it begin to decline and broke through the support area 324-319. Price continued to decline and formed the downward wedge. We can also see how the price broke through the resistance line of wedge, resistance level 300 and continue to grow. Currently, the price has tested the resistance area and decreased. Binance Coin can continue to fall and achieve the closest support, so I set goals at levels 310 and 300. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
5
✴️ Binance Coin Above Resistance, $565 Still Next!
Remember those article where I predict Binance Coin (BNBUSDT) at $500+? We are perfectly on track, I will list the trade idea at the bottom, "Related Ideas". This week Binance Coin resumes growing with force and moves above EMA50 and EMA100 after a strong higher low/DragonFly Doji. ✔️ Bullish MACD, bullish RSI, rising Volume, Time To Go Up! Everything is going as we predicted. Enjoy the profits. Thanks a lot for your support. Namaste.
Long
by AlanSantana
bearish market come to endafter BTC bulls have successfully defended the 20k support level and bounce back. Bulls also breakout the 200EMA resistance on the daily chart and be so close of the neckline level on the chart u can see the most possible scenario from my vision... let me know your opinion in the comments i see btc may visit the 22k level again before another bullish and it will a good chance to buy there i see bulls have to breakout the 25k crucial resistance which located on the neckline of H&S pattern and if this happen it would reach the 30k level thanks for your support... hope you are enjoy with trading
by ceciliones
11
Binance Coin: questionable recoverySilvergate Bank, Silicon Valley Bank, FED Chair Powell and inflation issues were too much information for a one week for markets to handle. General negative market sentiment made an impact on all coins, where BNB lost less than 5% in its cap during the single week. It should be noted that for the last three weeks BNB was loosing strength due to negative news surrounding Binance exchanger. Selling orders were dominant during this period, and BNB was pushed down to lowest weekly level at $265. The coin is finishing the week around $280 level, which is a short term stop before a heading toward the $300 resistance. The $250 support line has not been tested during the previous week. As of the time of general market sell-off, the RSI indicator was pushed down quite closely to the level of oversold market, but the clear oversold side still has not been reached. It leaves some space for the price of coins to move lower to the downside. Moving average of 50 days has slowed down its divergence from MA200 counterpart, which might impact the Golden cross technical formation that occurred at the beginning of February. The week ahead requires investors and traders precaution. It might take some time until the market calms down, after the shocking weekly news. In case of further negative sentiment, the price of BNB might slip to the downside, and to the level of $250 support line. Still, in case that there is no further negative news, then it might expect some recovery, at least to the level of $280 up to $300 resistance line. Some sort of significant move to the upside should not be expected during the forthcoming period.
BINANCE:BNBUSD
by XBTFX
1
Binance Coin ( BNB/BTC ) Price AnalysisTechnical Analysis of BNB/BTC: The current trading price of BNB/BTC is 0.0132 BTC and is currently trading near a high resistance level. The resistance level at 0.0134 is crucial, and if there is a break above it, there could be an upward move of around 20%. However, if the price rejects this level, we could see a downside move of 30% from the current price and 24% from the breakdown level. In my opinion, a downside move is likely to occur. Therefore, if the price hits the 0.01 BTC level, it could be a good entry point for a long-term position. I will provide updates on the situation periodically. Please like and share this analysis if you find it helpful, and follow me for real-time crypto updates. Thank you.
Short
by CryptoPatel
1
✴️ Binance Coin Early But Has Recovery PotentialJust as we saw with Bitcoin, Binance Coin (BNBUSDT) is showing early reversal signals. The signals being early means that they are not yet confirmed, not strong. BNBUSDT hit a low 18-Jan., higher low 13-Feb., and higher low 6-Mar., yesterday. ✔️ All this action is happening right above the 0.5 Fib. retracement level for the bullish wave that started after the 18-Dec. low. ✔️ All this action is also happening right above the MA200 black line. MA200 is a strong indicator and after being conquered early January it continues to be tested as support and so far holds. This is the early signal... As long as Binance Coin (BNBUSDT) stays trading above MA200 (287) and the 0.5 Fib. retracement level (278.9), the bullish potential remains intact. The longer this pair stays above these levels and the easier for us to see a resumption of the initial move which is the bullish breakout that happened in January. That's the early signal, the potential for a recovery. On the other hand, if these levels fail undoubtably we will see this and other pairs move lower. Trading volume is really low and this feels more like consolidation... If we zoom out, see we have long-term higher lows: So it is all a waiting game... Either it goes up now or after activating the next support. The bottom line and most important detail is that the bias remains UP! Patience is key. Namaste.
Long
by AlanSantana
1
Binance Coin: slow moves to continueBNB continues to be under the impact of all the news surrounding Binance exchanger. During the previous week several senators in the US Congress requested detailed information on Binance`s business operations amid concerns over the company's practices within a field of compliance with a law on anti-money laundering that sanctions. At the same time, Paxos announced that it will halt minting new BUSD as it has been requested by the New York Department of Financial Services amid concerns over offering unregistered securities. In addition to the mentioned, there was a general negative market sentiment related to the developments with the Silvergate bank. All this drove the BNB`s price to the downside, to the level of $288, where the coin is finishing the week. During the whole previous week, the price of BNB was pressured to the downside, with prevailing selling orders as of the end of the week. Still, at the beginning of the week the price was struggling to hold around the $300 resistance line, but without success. During the week the RSI indicator was pushed further to the downside, below level of 50, reaching level of 38 as of the end of the week. This is a clear indication that the market is eyeing the oversold side, leaving some space for the price to move further to the downside. Moving average of 50 days clearly slowed down its divergence from MA200 counterpart, putting into question recent Golden cross. Considering significantly decreased daily trading volumes on the crypto market, there is indication that the price of BNB will continue with slow moves during the week ahead. There is a probability for the price to move further to the downside, only if the current short-term stop at $280 does not hold selling pressures. At the same time, the $250 support line is still far away, in which sense, there is currently a low probability that this level might be tested in the week ahead. In case that $280 holds, then there is probability for a quite a short reversal, at least to the level of the resistance line at $300.
BINANCE:BNBUSD
by XBTFX
BINANCE - Higher Timeframe OverviewFrom looking at BINANCE, we can see that we are still in wave 4 which is an ABC correction. We are now in wave B which is broken down into 3 subwaves. We've seen subwaves A and B and now in subwave C. See lower timeframe analysis for the breakdown. Trade Idea: - Watch for completion of subwave C (of Wave B) - Once complete, watch for C wave to make an impulse down (it can be an ending diagonal) - Watch the structure at the lows if we bounce from it. - Targets: 680, 870, 1000 ,HODL the rest and manually close. Goodluck and as always, trade safe!
BINANCE:BNBUSD
by WicktatorFX
3
Will the same scenario be repeated?As you can see on the weekly chart, the similarity between the 2019 wave and the 2023 wave. You will notice that there is a strong rise after breaking the resistance of 5500 in 2019 due to the impulse of the fifth wave. We expect the same scenario to happen in 2023. It is still an impulsive wave, which will break the resistance of 25000 and allow trading above it. don't forget to support us with ur like , comment and follow for more ideas.🎯
BITSTAMP:BTCUSD
by ceciliones
45
BNBUSD Bull flag targeting $390The Binance Coin (BNBUSD) is below its 1D MA50 (blue trend-line) trading inside what seems like the early stages of a Channel Down ever since the rejection on the 336 Symmetrical Resistance (which has formed 3 tops since May 23 2022). The last such rejection though formed a similar Channel Down (red) that ended up being nothing more than a Bull Flag that later made a Higher High. The Higher High bias emerged as the pattern since June is a Channel Up. This time BNB has the 1D MA200 (orange trend-line) as a Support and not as a Resistance and is coming off a 1D Golden Cross. We are bullish and our first target is Resistance 1 (398.0) and if we get a 1D candle closing above, then extension to Resistance 2 (460.0). P.S. We have been medium-term bullish on BNB since December: ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:BNBUSDLong
by TradingShot
5