Get started

Binancecoin

Binance Coin Price Analysis — March 21Following a decent bullish comeback last week, Binance Coin (BNB) recorded a mild correction over the weekend as the price dipped back below $400 and tapped the $385 low. However, we can observe a bullish build-up this morning, with the broader crypto market posturing to revive last week’s trend. The 4-hour stochastic indicator shows that a bullish rally is underway as bulls target the $400 resistance. That said, bullish confirmation should come from a corresponding crossover on the MACD indicator, which should drive BNB towards the $420 level in the coming days. Meanwhile, my resistance levels are $400, $410, and $420, and my support levels are $390, $380, and $370. Total Market Capitalization: $1.88 trillion Binance Coin Market Capitalization: $65.2 billion Binance Coin Dominance: 3.4 % Market Rank: #4
BLong
by Mr_Wogbe_Alex
MY PERCEPTION OF THE BNBUSDT SCENARIOTechnical analysis regarding the price of BINANCE COIN in relation of dollar Tether for the next scenarios, based on daily movement. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Short
by luizhcruz
5
TARGETS FOR A DROP SCENARIO IN DAILY BNB/USDTTechnical analysis regarding the price of BINANCE COIN in relation of dollar Tether for the next scenarios, based on daily movement. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Short
by luizhcruz
BNB, trendline BREAKOUT with TWO targets!Will Binance Coin (BNB) grow by +20-25%? Let's figure it out! Now the price is trying to breakout the trend line. We can see that the bulls have the power, as there is no PULLBACK after the THIRD test of the trend line. The first target of this movement will be at $420. The second target could be at $460, but a false breakdown is possible before the growth as the big players need liquidity and they could open their LONG positions. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
6
BNB: AT THE BREAKOUT POINT.Welcome members to my BNB update. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market. Let's get back to the chart. BNB has currently broken out of the descending triangle pattern. Traditionally, a regular descending triangle pattern is considered to be a bearish chart pattern. However, a descending triangle pattern can also be bullish sometimes and in that instance, it is known as a reversal pattern. Let us consider the following points before getting into a confirmation. 1. We clearly see a breakout on BNB but technically it is still under the descending triangle pattern as the recent high is lower than the previous high. 2. The RSI is already at the peak of the overbought range and the only way RSI will move is towards the bottom. 3. Most of the time descending triangles are bearish. So, even if BNB rallies higher, I am not expecting much right now. BNB could possibly reach up to $400 to $410. I could be wrong on this one but that's what I am expecting looking into the current scenario. Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference. Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible. I will cover more on this in the coming days until then stay safe and trade well. Thank you.
BINANCE:BNBUSD
by Dexter_The_Trader
CAN BINANCE COIN EXPLODE ANYTIME!? DAILY ANALYSISTechnical analysis regarding the price of BINANCE COIN in relation of dollar Binance for the next scenarios, based on daily movement. Binance Coin price has been going bearish for quite some time, making tops and descending bottoms since November 2021. What do you think!? The price is heading towards an extreme support point which has already been confirmed 3 times in past years. If the price loses this intermediate support at $327, we can expect it to go for extreme support at the price of $247 (in a more chaotic case) ~but I'm more optimistic. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
B
by luizhcruz
BNBUSD Closing above the 1D MA50 can target $555The Binance Coin has been forming a bottom pattern since the January 22 low, in a similar fashion as the May - July 2021 bottom formation. As this 1D chart shows, the 2021 bottom sequence came to an end when BNBUSD closed a 1D candle above the 1D MA50 (blue trend-line) for the first time in more than 2 months. At the same time, the MACD indicator (bottom of the chart), was posting a 3/2 Bullish/ Bearish Cross sequence after the first low on the price's Triple Contact Support Zone. When that happened, the price rallied immediately to the 0.618 Fibonacci retracement level and then filled the gap near the $700.0 Resistance (and ATH). If the patterns continues to repeat the 2021 fractal, then the current 0.618 Fib is exactly at $555.00 and that will be our target upon break-out. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BINANCE:BNBUSD
by TradingShot
1
PROJECTION FOR SHORT IN BNBUSDT - WHAT DO YOU THINK!?Technical analysis regarding the price of BINANCE COIN in relation of dollar Tether for the next scenarios, based on daily movement. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Short
by luizhcruz
1
Binance Coin Price Analysis — March 11Binance Coin (BNB) has struggled to record a decent bounce to $380 over the past 24 hours amid a bearish sentiment in the broader market. Meanwhile, the recent bearish momentum has resulted in the formation of a double-bottom pattern indicating a possible bullish continuation over the weekend. That said, I expect a price boost towards the $400 top in the coming days, considering that a bearish move beyond the $365 support appears unlikely at this time. Meanwhile, my resistance levels are $380, $390, and $400, and my support levels are $365, $350, and $340. Total Market Capitalization: $1.73 trillion Binance Coin Market Capitalization: $61.2 billion Binance Coin Dominance: 3.53 % Market Rank: #4
B
by Mr_Wogbe_Alex