Binancecoin
BNB/USDT TA UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BNB/USDT TA Update. BNB bounced off from its important support zone of around $400 very nicely and currently trading above $450.
As you see in the chart, BNB is facing some resistance around $460-$470 (white trendline) so I'll not recommend buying here. I think it's better to wait again to come to the support zone than it's a good buying. BNB has a lot of potentials and sooner or later it will touch the $1000 mark.
Support/Entry zone:- $390-$420
Resistances?Targets:- $490/$530/$600/$650
If BNB breaks and holds its daily candle below $370 then I'll exit.
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BNB - My Trading Plan in a picture!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: right
BNB is overall bullish trading inside the blue channel and is now approaching the lower trendline and 400.0 support, so we will be looking for trend-following buy setups.
on H4: left
BNB is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, BNB would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BNBUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. We have the resistance line R3 which the price has hit several times but could not break it and on its last try it had a failed breakout. Now it is fluctuating around the S1 line. If the S1 line is broken completely the next support would be S2. It is also likely for the price to make a pullback to the R1 line and then fall down to the S2 line. Th price needs to stabilize above the R1 line to be able to move toward the R2 line.
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
Binance Coin Price Analysis —January 10Binance Coin (BNB) resumed its downward spiral on Monday, as it became apparent that bears are now in control of the market bias. BNB now trades along my multi-month-long descending trendline towards the $410 - $400 support area. That said, I expect to see a bearish continuation over the coming days along the trendline as we continue to witness a breakdown of the bull cycle.
Meanwhile, my resistance levels are 436, $450, and $460, and my support levels are $410, $380, and $350.
Total Market Capitalization: $1.91 trillion
Binance Coin Market Capitalization: $70.8 billion
Binance Coin Dominance: 3.7 %
Market Rank: #4
BNBUSDT-SHORTBased on technical factors there is a short position in BNBUSDT Binance Coin
BNBUSDT Binance Coin
Score 2️⃣
🔴Short Now or set on Key Level 444.2
🟢Target 1 420.3
🟢Target 2 400.4
❌Stop loss 451.7
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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BNBUSDT - EW analysis - (4) of ((3)) bounce before further downIt expecting lower in abc correction from the major high. Currently it correcting in sideways within (4) of ((3)) and expecting two more lows to end the c within the bearish sequence. The Total crypto market cap chart also favoring the similar outlook in short term cycle. (4) correction can be bounce between 461- 475 area before it start the next leg lower in (5) of ((3)).
$BNB/USD 2D (Binance Coin-Futures) Ascending triangle on supportBinance Coin is accumulating and holding above 100EMA for months now, it's likely to make new All Time High next year, let's swing!
Risk/Reward= 1:2.5 | 1:3.61 | 1:5.83
Expected Profit= +60.52% | +128.76% | +247.49%
Possible Loss= -24.26%
Fib. Retracement= 1.117 | 1.414 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 5 months
www.binance.com
⚡️⚡️ #BNB/USD ⚡️⚡️
Exchanges: Binance Coin-Futures, BitMEX
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)
Current Price:
525.800
Entry Zone:
527.931 - 464.347
Take-Profit Targets:
1) 796.4
2) 1134.96
3) 1724.05
Stop Targets:
1) 375.79
BNB BEST ENTRY PLACE FOR LONG TERM 🔥🚀 Hello everyone,
On the daily chart, BNB is now in support of the uptrend trend since February 2021. If you are considering making a long-term investment, a position can be opened with a stop loss. You can put your stop loss on closes below $433.
This is NOT financial advice, you are responsible for your own trading decisions.
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Let me know what you think below!
Quick Trade for BNB/USDT. | Technical Analysis for BNB/USDT Hi Traders,
Here is the Technical Analysis of Binance Coin BNB/USDT. So you can Enter at the given levels.
You can take a Quick Entry as the Market Sentiments is in EXTREME FEAR. So there is a huge chances of reversal.
Make sure that you use a Stop-Loss.
So take trade accordingly and add your some technicals and make some good Money.
Disclaimer : Crypto Trading involves a high risk. Make sure that you do your Technical Analysis too. Make sure that you don't use much leverage.
BNBUSD Bounce from $505 LevelLooking at the chart of Binance Coin on the 4-hour time frame we can see that it is currently ahead of Bitcoin & Ethereum in terms of market movements, and is sitting above its level of support that the other coins are currently trying to break free from.
Binance Coin also regained this long-term uptrend in the bullish channel, which indicates that the bull market is still well and alive, gearing up for its next pump up.
From here, Binance Coin faces little to no resistance until around the $600 level, where there is a distribution zone between $596 - $638 that we’re going to see a 1st touch rejection off of.
As always please do your own research, I am not a financial advisor.
BNBUSDT-LONGBased on technical factors there is a long position in BNBUSDT Binance Coin
BNBUSDT Binance Coin
Score 2️⃣
🔵Long Now or set on Key Level 505.5
🟢Target 1 519.3
🟢Target 2 531.0
❌Stop loss 500.0
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
You can buy some BNB near $ 500On a daily timeframe, Binance Coin is again testing the support of $ 500 - $ 510, which must hold support for BNB. We will see a heavy sell-off if $ 500 support breaks. You can buy some BNB near $ 500 with a stoploss of below $ 490. The following support after $ 500 is $ 460 and $ 440 levels.
BNBBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. We had an R1 line which the price broke it. There is also an S1 line which the price hit twice and could not break it but it was broken on the third try. The price has made a pullback to this line too and now is fluctuating above it. You can buy it from here for the R1 line. Or you had better wait for the price to hit the S1 line again and buy there for the R1 line. If the price goes below our S1 line, then it would fall further. If the R1 line is also broken then higher targets will be aimed.
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
LONG BNBUSDT | Elliott Wave Impulsive Technical Analysis
As you see in the chart, we could now enter in the 5th wave, the last Wave of the Elliott Impulsive Pattern.
It offers us a long position.
Even if the price rebounded just bellow the Fibonacci 0.618, I place the target profit at 1.382 to higher probability to make profit.
Entry Price: 532.5$
Target Profit: 774.6$
Stop Loss: 463.9$
Ratio Risk / Reward: 3.53
Potential Profit: 45.46%
Fundamental Analysis
Each Quarter, Binance burn a significant amount of BNB that increases the value of its token. This next burnt will occur in this month (January).
However, we need to take into consideration that cryptocurrencies are currently uncertain and we should take a look at the Bitcoin price too. Indeed, if BTC breaks, it will bring other cryptocurrencies down too.
Market Capitalization
BNB: 3rd
I am also curious to earing your opinion too.
Should you feel that this analysis helps you, feel free to leave a like, and I wish you a good day!