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Binancecoin

Binance Coin Price Analysis — December 6After maintaining a steady ascent along the ten-week-long ascending trendline, Binance Coin (BNB) suffered its first sustained break below this line on December 4 amid a marketwide crash. That said, BNB appears to have regained stability at the $540 support as the bearish momentum resumed on Monday. Along with most of the crypto market, the third-largest cryptocurrency could suffer a bearish continuation to its flash crash low at $495 over the coming days. However, this bias will get invalidated once the price resurfaces above the trendline again, a 10% bullish move. Meanwhile, my resistance levels are $560, $580, and $600, and my support levels are $540, $520, and $500. Total Market Capitalization: $2.22 trillion Binance Coin Market Capitalization: $92.4 billion Binance Coin Dominance: 4.15% Market Rank: #3
BINANCEUS:BNBUSD
by Mr_Wogbe_Alex
🆓Binance Coin (BNB) Dec-4 #BNB $BNB BNB is approaching the $575 zone and here it could continue a new rally to the $650 and $800 zones this December. But if it loses this zone, it will fall back to the $500 zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 575$ zone 🔴Buy : 575 🔴Sell : 650 - 800 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 575$ zone 🔵Sell : 575 🔵Buy : 500 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
4
BNB - is going to skyrocketA trend line has formed on the BNB chart. In the first attempt to break the trend line, the bulls got trapped and a false breakout occurred. The price has now moved to the trend line again and is trying to break it, which could be a good buying opportunity. 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