Binance Coin (BNB/USDT) - 4HR - Potential Bearish Momentum MACDBinance Coin (BNB/USDT) cryptocurrency is in a intraday uptrend (15-minute, 1-hour, 4 hour time frames).
However, the MACD indicator is beginning to exhibit potential bearish momentum.
Binance Coin could pullback down about -4% over time for swing trading (especially if Bitcoin pulls back down as well).
Watching intraday price action for signs of a double-top or resistance failure.
note: all content is Not financial advice. trade at your own risk.
Binancecoin
BNB makes a profit, moving up the channel!we are moving up the channel, after a good growth - it would be time to go for a correction, I expect further growth after a slight decline!
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
#Binance Coin Recoils after a 70% Rally, BNB Support at $300#Past Performance of the Binance Coin
BNB is undoubtedly one of the top performers in the recent past. It is currently up 70 percent from 2022 pits despite losses in recent days. The primary trend is upwards, and resistance is around $340. This level coincides with May 2022 highs, a critical liquidation zone that buyers must overcome for a clear-cut trend definition.
Binance Coin Technical Analysis
After solid gains from mid-June 2022 following sharp losses in H1 2022, BNB rebounded solidly. At spot rates, the coin's prices have nearly doubled. All the same, there are lower lows versus the upper BB, suggesting weakness and tapering momentum. The immediate support is the middle BB, the 20-day moving average, and later $300, the psychological round number. Therefore, provided these reaction levels hold, aggressive traders can ramp up in expectation of trend continuation. Meanwhile, playing your trades close to the chest means waiting for a break above $340 and May 2022 highs. In that case, BNB bulls may ride the resulting trend, ideally if the breakout bar has high trading volumes, targeting $360 and $450.
What to Expect from #BNB?
Bulls are confident, but cracks are beginning to emerge, questioning the strength of the uptrend. The first resistance level is $340 and must be broken if buyers need to sustain and continue with the current leg up.
Resistance level to watch out for: $340
Support level to watch out for: $300
Disclaimer: Opinions expressed are not investment advice. Do your research.
UNFI USDT Graph Update Unfi move 40% Upward From our mentioned area . Moving as per prediction ✨🎉 We see 80 to 90% upward movement.
Ethereum (ETH/USD) good call ETHUSD
The second crypto by market cap is in a very interesting graphical situation.
1) The price is channeled in an Down channel, which by default breaks upwards.
2) RSI is crossing UP 50% higher which is a strong buy signal.
3) The price after breaking the first resistance (lower red box) is breaking is heading towards the next resistance (the upper red box)
4) Found an all-time low at the technical price of $1k which triggered buy orders.
So to summarize we are in two options:
a) That the price follows the broad wave of BTC and Wall Street breaking the Down channel and the existing resistance to attack the all-time highs at $ 5K
b) If the price is rejected near the resistance and the upper band of the Down channel it will look for new lows in the historical resistance of $ 500
LPI.sa
Binance Price Analysis — August 12Binance Coin (BNB) held on to its bullish bias on Friday after dropping from the $335 area yesterday. The smart chain cryptocurrency slowed its descent at the $320 low, where my multi-month tripwire coasts and has since bounced off the line.
We could see a bullish continuation over the weekend, with BNB breaking the $340 line for the first time since early May as the cryptocurrency industry continues to lean towards ending the ongoing bear cycle. At the same time, we could see a quiet tone over the weekend, as has been commonplace in the last few weekends. Either way, I do not see a bearish sentiment taking precedence this weekend.
Meanwhile, my resistance levels are $340, $350, and $360, and my support levels are $320, $310, and $300.
Total Market Capitalization: $1.19 trillion
Binance Coin Market Capitalization: $52.5 billion
Binance Coin Dominance: 4.5 %
Market Rank: #5
BNBUSDT - Descending Broadening Wedge Pattern!!BNBUSDT (1D Chart) Technical analysis
BNBUSDT (1D Chart) Currently trading at $330
Buy level: Above $325
Stop loss: Below $235
Target 1: $375
Target 2: $460
Target 3: $523
Target 4: $690
Max Leverage 2x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
BNBUSDT, Multi timeframe analysis. Update Hello my friends. This is an update of previous analysis (blow link). Everything is clear on the chart for you like always, BNB has better condition than other coins and tokens. Buy points at 248 and after break the trend line above 285. For safe buy its better to wait for fixation above 350.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion here to me
BNBUSDT, near a sensitive zone. Binance coin. UpdateHello my friends. This is an update of previous analysis (blow link). Everything is clear on the chart for you like always, BNB has better condition than other coins and tokens. Buy points at 248 and after break the trend line above 285. For safe buy its better to wait for fixation above 350. and now we are near this sensitive zone and strong resistance.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion here to me
Trading opportunity for BNBUSDTBased on technical factors there is a Long position in :
📊 BNBUSDT Binance Coin
🔵 Long Now 290.00
🧯 Stop loss 260.0
🏹 Target 1 310.0
🏹 Target 2 333.0
🏹 Target 3 375.0
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
BNB short! Forecast !#BNB
▪️I think cz binance wants to lead us into a trap, we have come to the $300 zone, a significant level, I expect a correction in the near future, the indicators are overbought!
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
Binace Coin (BNB) is breaking out! BNB is breaking out of a large Falling Wedge, the 1-week average 100 (the yellow line) is $ 304 near the $ 325 and $ 365 resistance.
We are currently priced at $ 300 if the Wall Street market and Bitcoin turn up and put an end to this Bear Market we would have strong price growth.
Great investment and great crypto, the star of Binance.