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Binancecoin

BNBUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. The price has created the S1 support line. We expect it to fall down to this line once more. As long as it is not able to break the R1 line which it has hit several times, it will not be able to move up to R2. If the S1 line is broken, the S2 zone will be the next area of support. So we need to wait for the price to break one of these lines to be able to decide more easily. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
Binance Price Analysis — February 11After a modest bullish comeback last Friday, Binance Coin has lost its upbeat momentum at the $436 resistance and has recorded lower highs ever since the loss of traction. This bearish undertone coincides with the top of my multi-month descending wedge, which has consistently kept BNB from a bullish breakout since November. That said, should BNB capitalize on the upbeat sentiment around the broader market and breach the wedge top, we could witness a rapid rise away from the line and towards the $500 resistance. Bulls need to defend the $410 support line to use as a launchpad to breach the wedge in the coming days. Meanwhile, my resistance levels are 436, $450, and $460, and my support levels are $410, $380, and $350. Total Market Capitalization: $1.98 trillion Binance Coin Market Capitalization: $68.8 billion Binance Coin Dominance: 3.46 % Market Rank: #4
B
by Mr_Wogbe_Alex
BNB facing a strong resistance areaThe image on the right shows the long-term Bainance channel from 2018. As can be seen, the important support line seen in the long-term channel has been broken. Binance tries to pull back this broken support (which has now become resistance.) three important resistances must be broken to confirm the trend change (downtrend to uptrend) 1- Stable resistance in the of $ 430 2. Important MA 40 bricks resistance in Renko chart ($ 440 to $ 450) 3- Long-term trend resistance line ($ 500 which Binance is trying to pull back to this area) If resistances 1 and 2 break, the target price will be around $ 500
by cryptoonchain
Binance Coin. BUY or Sell ?📊 BNBUSDT (Binance Coin) 💹 Time Frame: Daily (Update) ➖➖➖➖➖➖➖➖ 🟡 BNB broke the $395 resistance and is trying to hold above MA50 and now testing the $430-$440 resistance area and the range of 61.8% correctional Fibonacci. If the resistance breaks. We will see a good upward move in BNB if it breaks and holds above the $440 area. The next local resistance is the $460 area and the major resistance is the $500-$510 area. The support, for now, is $390-$395 area. This Analyzing is not a signal. It is your responsibility to buy and sell and be sure to include losses in your transactions. ➖➖➖➖➖➖➖➖ 👤 AmirHossein 📅 02.08.2022 ⚠️ (DYOR) BINANCE:BNBUSDT
by Trader_Needs
1
Binance, one more wave up?In the previous idea we said that a break of the trend line and the upper boundary of the trading range would be good buying opportunities. As a result, we see that the price has reached our targets. Now we can identify the key level on the chart, which acts as resistance. In the case of a squeeze and breakout, a good buying opportunity may arise. I want to warn you that false breakouts are possible. Write in the comments all your questions and instruments analysis of which you want to see. 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.
Long
by Yuriy_Bishko
6
BNB is going to skyrocketBNB is in a local range. A trend line can be identified on the chart. A squeeze and break of the trend line could be a good buying opportunity. The first target is the upper boundary of the range. Write in the comments all your questions and instruments analysis of which you want to see. 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.
Long
by Yuriy_Bishko
9
Binance Coin (BNB) - February 3Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BNBUSDT 1W Chart) The 341.7-383.3 interval is an important interval that determines the trend. Therefore, it is necessary to check whether the 341.7-383.3 section can support and rise. If it goes down from the 332.4 point, it could fall below the 258.6 point, so you need to trade cautiously. However, as long as it does not fall below the downtrend line, it is likely to lead to an uptrend. In order to continue the uptrend, a sideways trend should appear in the 383.3-507.9 section. -------------------------------------- (BNBBTC 1W Chart) If the price holds above the 0.009135-0.009485 range, we expect the uptrend to continue. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
#BNBUSDT Important chart! This one is different.BNB is holding the support unlike other large cap coins. It has shown massive growth in the last 2 years. This level is important. Golden pocket around $266 Which is the best buy area as per chart followed by some signs of reversals in ltf charts. Lower support levels are $346 and $266. What to do if you are holding longs? IMHO, Better to hold with a SL below $335. if you're looking to buy better wait for $266 or Start buying at cmp and DCA at lower levels. I will personally wait. What's your thought? DO hit the like button and share your views in the comment section. Thank you
by Cryptorphic
6
BINANCE can Break that 375$ Resistance Zone.After the Russian Dip, Binance coin took support at 335$ and price started rising quickly and in just a couple days it made a new Daily High at 375$, which is apparently acting as a psychological Resistance Area. The zone has already been tested multiple times but whenever price tries to break it, new sellers enter and price fails to make new highs, that's why we see long upper wicks which indicates selling pressure. I believe that Binance will eventually break that Resistance and after that we might see new weekly and monthly highs. Happy Trading!!!
B
by Fobstar
BNB Binance Coin to Lose its 3X Hype Gains. 58% Drop Expected.BINANCE:BNBBTC has gained a lot of attention and hype in March 2021 that contributed to its 3x rise in two months from 4k Satoshi in March to 12k Satoshi in May. The hype was based on Binance entering the DeFi space and announcing its staking returns. At the time, The Binance exchange announced up to 27.49% APY return for staking the BNB token. Currently, the highest APY for BNB according to Binance is 8.69%. Users' interest in gaining annual yield reveals itself to be a delusion to many when they see the gain on capital in the negative 30% territory. Less and less BNB coins are being staked ever the initial announcement in March 2021. There is no more reason to hold BNB. On the other hand, DeFi has also been losing traction as indicated by the price of many DeFi tokens such as AAVE losing 74% of its value vs BTC (even more vs USD). Therefore, it is time for BNB to give back those hype-propelled gains and go back to 4k Satoshi. The first step is breaking the 10k Satoshi support. We are currently sitting at that line. I have drawn a descending triangle there, but it is not confirmed because it needs a third touch on its upper side. My conservative scenario is that we remain within the triangle for 6 more weeks. My bearish scenario is that, if we don't break the 10k Satoshi support right now, we see a weak bounce up to 10.5k Satoshi before dropping to break 10k Satoshi. The first target is 7.7k Satoshi. Follow me to get updates on this trade as it unfolds. I am making this bearish prediction on BNB even though I am biased towards BNB because of its impressive performance in the previous Bitcoin bear market in 2018 to 2020. But I would be happy to get a buying opportunity at 4k Satoshi, and I believe we will reach there.
Short
by TechNerdOmar
BNB Entered Into Its Buying Zone (A Good Buying Opportunity)The Back Ground and Psychological Support Zone BNB broke its psychological resistance level of 140$ on Feb 17, 21, and after that, in the next few days, we witnessed the biggest move, which was backed by the biggest volume that BB ever witnessed in a day. It was the day of Feb 19, 21. The candle started from 193$ and made a high of 353 which was the biggest move; the volume traded on that day was maximum, the market never witnessed that volume after that day. That candle provides two strong levels, both on the support side now. Price remained hesitant to establish inside the first zone and was rejected two times. Point: Historically seeing the support zone is well established. A good demand lies in this support zone. RSI is trending lower from Nov 21, 2021, and has visited the oversold zone two times, currently witnessing divergence. Finally, it lost 50% from its high 667 and now facing strong support. Pay Attention Keep a close eye on the BTC level of $30K (which is the only threat for this trading idea); there are fewer chances that BTC will break below this level, but if it wisely broke this support zone, then this BNB Trading Idea will become invalid. So observe price action in the support zone keenly, and on a rejection, get in and hold it for the next two quarters or the first TP $600. Risk / Reward and Holding Period Any move below 320$ will be short-lived; the price will retract quickly above 320$, While on the flip side, Instead of Stop Loss, I recommend DCA at $220. TP1 is 600$ (Achievable till Jun 30 2022) while TP2 is 1000$ (For 2022) It is not financial advice; always do your research. Please, feel free to ask your question; write it in the comments below, and I will answer.
Long
by Booming-Crypto-Ideas
Binance Coin (BNB) - January 24Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BNBUSDT 1W Chart) First resistance section: around 507.9 point Second resistance section: 632.6-674.1 Support section: 341.7-383.3 You need to check if you can get support and climb in the 332.4-348.7 section. If it falls from the 332.4 point, it could fall near the 258.6 point, so we need to think about how to deal with it. ------------------------------------- (BNBBTC 1W Chart) Above 0.004813 point: Expected to create a new wave. If it goes down, you should check to see if it finds support in the 0.009135-0.009485 zone. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
BNBUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price broke the R2 line, made its pullback and then went down to the S1 zone. There is also a green line showing another support area. It is likely for the price to make a pullback to the R1 line and then fall. If S1 is lost, it can go further down. If it holds, the first target would be R1 and the second one would be R2. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
2