BNB/USDTBNB broke the resistance on higher time frames, looking healthy as bitcoin dominance is also dropping. If you like the idea, give a thumbs up and follow for more.
Binancecoin
BNB rising wedge to $250#BNB/USDT
$BNB is inside rising wedge and rejected from lower line of wedge. now price is inside resistance zone.
🐮 break out from this resistance zone will increase price to upper line of wedge that is the same with resistance zone around $250.
🐻 rejection from current resistance or next resistance and break down from lower line of wedge will drop price to $200 and lower.
Binance Coin Price Analysis — July 11Binance Coin (BNB) resumed its retreat from the $243 area on Monday, bottoming at the $230 support. The fifth-largest cryptocurrency has hovered above this line for most of today, indicating a potential rebound in the coming days.
From a broader view, BNB trades within a large bearish flag as illustrated on my 4-hour chart, supporting the possibility of a near-term rebound towards $250 in the coming days. Eventually, we could see a dip to the $215 after BNB runs out of momentum within the channel.
Meanwhile, my resistance levels are $230, $260, and $280, and my support levels are $200, $180, and $160.
Total Market Capitalization: $911.4 billion
Binance Coin Market Capitalization: $35.4 billion
Binance Coin Dominance: 3.88%
Market Rank: #5
A short scalp position for BNBAccording to the chart, we have a resistance level and we will expect the price to fall again when it hits the resistance level
BNB 1H BUYBNB 1H support is at ~$232
Enter 50% at the current price
and try to set some buy orders near the support zone
If BNB holds above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
Binance Coin longBinance Coin broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 293 is expected to happen.
#Binance Coin Bulls Upbeat, BNB Likely to Ease Past $242Past Performance of Binance Coin
Like the rest of the crypto scene, the BNB coin is relatively stable and bullish in the short term. Considering the formation in the daily chart, traders expect more upsides in the short term as long as prices trend higher, above crucial support levels registered last week. Currently, prices are above the middle BB, and bulls are actively absorbing bear pressure.
#BNB Technical Analysis
BNB volatility is low, and prices are stuck within tight trade ranges, evident in the daily chart. Prices edged higher on July 5 and bulls can double down in subsequent sessions as long as prices are above $212. If prices print higher above $242, risk-averse traders may begin loading up with immediate targets at $335. This formation will unwind losses of mid-June and set the foundation for a possible swing towards April 2022 highs of $455. Conversely, if BNB unexpectedly slips below $212, BNB will likely post more losses, sliding to 2022 lows of around $185.
What to Expect from BNB?
Traders are bullish. Still, at spot rates, BNB has strong resistance at $242. A break above this level may propel the coin to key reaction levels in H1 2022, signaling the initial stages of price bottoming up after sharp downturns in the past few months.
Resistance level to watch out for: $242
Support level to watch out for: $212
Disclaimer: Opinions expressed are not investment advice. Do your research.
📊BNB: will the bearish wedge become bullish? Hi friends! Binance Coin looks strong. Now it`s consolidate in rising wedge which is clasical bearish pattern. But in crypto it`s little bit different. In this idea i explain preconditions and targets for next BNB movements.
All the crypto follow BTC and it`s looking stronger then monthes before. Also SnP 500 start to grow that help the crypto market also to stabilize after the fall.
I think in a few days price will make some false breakout of it`s highs and fall down to support area of $213-227 or little bit lower to collect the liquidity. And here is the main thing! A lot of traders starts to open a short on a rising wedge breakout. As i mention before the rising wedge are not only bearish pattern in crypto and it`s depend on situation.
Now the price of this alts fall for 80-85% and take a short here a little bit dangerous and it can make only professionals with clear local targets.
Big part of the retail short traders become the fuel for growth because the price won`t go lower but return to the wedge again and will rise to our targets.
Check this idea to understand how to trade the wedges in crypto!
The targets are the closest value areas:
🔥 $255-260
🔥 $269-273
🔥 $295-308
🚩Always pay attention to volume. Only this indicator will help to identify the reversal points!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Binance BNBUSDT - Macro Elliott Wave Analysis + RSI + Volume- As per my Elliott Wave analysis on the weekly chart - this coin looks very strong and we should experience more bullish sentiment.
- We are currently in the huge impulse wave 3, subwave 4.
- If we take a look at the volume , pretty much no one is selling, which is a good sign.
- 200 weekly moving average is considered as a massive support by big instituions and we are currently very close to this level.
- On the RSI indicator there is a bearish trendline , that can start a new uptrend when it breaks up.
- BNB is the safest way to speculate on altcoins.
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
BNB: Daily Market ReviewMarket Conditions
The market is bearish. We have the downtrend and a correction movement to MAs and the major resistance area.
Valuable Areas
The nearest resistance is 20MA where we should be ready to see a reversal in the direction of the main trend. If the price moves higher, the resistance area around $250 will be able to stop the bulls.
Trade Opportunities
How to trade?
If we talk about trend-following approach, we should wait for reversal setups around the key resistance and MAs. A breakout below the counter trend line will provide a bearish signal as well.
For buying, we can do it only if our goal is to average long positions. For position trading there are no fundamental reasons. The same goes for investing. The price doesn’t reach the bottom which can be around $140 and $100 levels.
As for day trading, it makes sense to follow the bullish sentiment in the market and search for possible bullish signals in the minute time frames.
Here is a new format, what do you think about it? How it should be improved? Share your thoughts in comments.
P.S. In such posts, I don’t want to give you the exact trading signals, as it won’t motivate you to improve your knowledge and trading approach. But this information should help you to understand better in which market conditions you need to trade. And this information can be used for planning your own trades which match your style, conditions and goals.
Baby Doge coin : update : profit:20%.Analysis Updates
.profit:20%
.This analysis is still active and we are waiting to reach :TP
.Follow me to see more analysis
Date of analysis:03jul
Analyzer: Joseph
BNBUSDT AnalysisHello traders! Welcome back to another episode with Analyst Aadil1000x.
As I always teach you never Buy Inverse Head and shoulder, and never sell Head and shoulder. It's always good to do the opposite.
We can see BNB formed a reversal pattern after a breakout and a dip after that. Now BNB is at the magnetic line, This is a type of line where the market keeps forming pattern above and below it. If we look at the current pattern, it's an extended one and most probably the market will leave this magnetic line and drop hard after this pattern is completed.
If it moves upwards then we will see another pattern above the line and the market will drop after that.
Don't forget to hit the like button and follow to stay connected.
Will BNB be supported?Hello to all members of TradingView and my followers.
BNB reacted again during the last week after hitting the $243 range. The price of this currency reacted because it had hit one of the resistances of the Pivot Points indicator and also due to the high slope of the previous downward trend. In general, two strong return ranges have been considered for this currency, and if the price hits them, there is the potential that the price trend in the daily time frame will turn into an upward mode again by reacting to one of these levels.
The first support is located at the price of 186-188.6 dollars, which can be confirmed both in the past and by the pivot point indicator, and finally, the second support has the potential to hit this area in case of a sharp price drop and the last possible drop. It is in the range of 155.3 to 148.4 dollars. In general, as long as the support of $200-210 is maintained, the price can react to this level and make another return to the range of $243 and even $268.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
BNB to $75Binance coin is spending heavily on marketing at the moment, they just signed the biggest TikTok creator - this all comes at a price. They won't become the next CRO because CZ is smart AF but they're headed to sub 100 easy.
Should be a great place to buy and hold forever in my opinion - the exchange is only going to grow.
Will BNB outperform BTC or will Altcoins drop further first?BNB is making a triangle & the decision point may be near. Whether it fall further with ETH & other Altcoins remains a possibility. Wave 4 may fall further but may not exceed the top of wave 1. After that the final wave 5 rally will start with the Altcoins & BTC rising together.
Not trading advice
BNBUSDT 6H TA: TrendLineBNBUSDT After the fall of the market to the $ 185 area, we have a positive reaction and we are growing and reaching the resistance of the trend line in the range of $ 260, which if this line fails, we will increase the price to $ 300.
It is recommended to buy if trend line break and it is confirmed.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
BNB/BinanceCoin open the parachute!🔥🔥Subscribe to the channel, get notifications about signals!🔥
#bnb
▪️There was a growth of 13%, now the indicators are overbought, which accounts for a possible correction.
💎In the near future we will correct down by about $205
BNB/USDT Bullish Breakout Is Very near And Target ..?#BNB/USDT Technical Analysis:-
$BNB currently trading at $330 Level.
If Success to Breakout Suoertrend Resistance area $337 then We can see $286 in Short term.
But Must Need to Candle close above.
But I am buying Some Position Here around $230-$220
Resistance:- $268/$286/$322
Support:- $210
Resistance = Targets ( After Breakout)
But If Stop Loss hit Mean Long Setup Invalidate and Short Entry triggered.
Trading Wisely Guys.
CHILIZ Daily TA : 06.24.22 : #CHZExamining and Analysing the #CHZ Chart : The important supply and demand ranges are marked on the chart, and if the price react to these zones , we can look for triggers for Short orLong positions.
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.24.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
BITCOIN 4H TA : New UpdateBitcoin is on its short-term resistance in the 4-hour timeframe, which is likely to grow to $ 22,500 and $ 23,500 if it crosses this area. Of course, due to the resistance range and the resistance of the trend line, we will have the possibility of falling to the support area.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
BNB/BinanceCoin at McDonald's stable salary!💎🔥Subscribe to the channel, get notifications about signals!🔥
#BNB
▪️I expect a decline to the level of 205$, I do not consider growth until we trade above the purple line!
BNB: wait for the pullback and breakout.Hi friends! After such dump we can see how the big player accumulate the Binance Coin. It`s a first sign of bulls after massive fell the past few weeks.
We can expect the continuation of pullback on BNB for the next few hours. The main thing is the volume indicator which have to show us the pressence of buyer as it was before. It can grow after:
the local pullback to $200 key level
the liquidity collection of the $183 key level
After that price should return to the trendline and squeeze it. It will be additional confirmation of bull strength and good oportunity to open a trade. Targets:
1. $230-236 - local highs
2. $250-261 - value area
Thetargets depends on BTC mood. If it show the strength other alts will easily reach the targers.
This pullback was predictable as I mention in yesterday`s ideas. So now we have to just wait for our setup to open a trade.
Traders, what should we expect from the BNB in the future? Will SEC ban exchange or it will copy the XRP story with long proceeding?
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
BINANCE (BNB) the range market 📖🚀Hello 🐋
Based on the chart after a long time, correction to the downside the price is close to the major support ✔️
if
the price doesn't break the support level to the downside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
and
if the price breaks the range area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
