BNB - 1H rising pullbackThe price of Binance Coin is being upheld by a demand zone on three occasions, and at present, buyers are actively pushing for a significant price increase. Consequently, there is potential for the BNB price to surge and attain a level where supply and demand are balanced, known as the break-even zone.
Binancefutures
#GMX/USDT 8h (Binance Futures) Descending channel breakoutGMX just regained 50MA support and seems to be ready for a rally towards 200MA resistance, probably after a last dip.
⚡️⚡️ #GMX/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 6.4%
Current Price:
49.74
Entry Targets:
1) 47.36
Take-Profit Targets:
1) 58.39
Stop Targets:
1) 39.99
Published By: @Zblaba
TSX:GMX #GMXUSDT #Gambit #DEx
Risk/Reward= 1:1.5
Expected Profit= +69.9%
Possible Loss= -46.7%
Estimated Gaintime= 2-3 weeks
gmx.io
Unstoppable BNB Bulls to $400 from $250? Explosive Ride!Bulls are coming, $400 BNB loading.....Don't be deceived by the quietness surrounding BNB while other altcoins are pumping. This pump coming seems to be extraordinary, and it's a chance you wouldn't want to miss. Well sit tight for this one, If you want to join the BNB bulls ship before it sails, here is a free signal to get on board quickly if you read to the end you get free entry, stop and take profit but don't forget to click the boost button to support us if you agree and comment if you disagree.
Chart Analysis: According to MT Pandora's Box, The current support level on BNB around 245 to 250 indicates a potential breakout on the 4-hour chart. A higher low formation suggests a 65% chance of a bounce towards the resistance range of 263 to 268. If the bulls maintain dominance, further targets could reach 300. It is advisable to buy incrementally as the breakout is pending, considering the high volatility of BNB's price. The price may experience back and forth struggles, but once the breakout occurs, it could skyrocket to 409 to 569 if extended. The market sentiment suggests that the bulls are unstoppable, and missing out on this opportunity would be a mistake.
Here at MT traders, we have already started accumulating BNB at around 237. While it is uncertain if $500 will hold them, it's wise not to be too greedy with the take profit target
Moreover, the weekly chart shows a highly bullish market sentiment, and even a slight range entry by BTC could trigger more altcoins to break out, including BNB.
I will be constantly updating this post, so I encourage you to come back and check for updates. It's still a great opportunity to buy before it's too late. If you agree with this idea, please follow and click the "like" icon under this post. If you disagree, please comment below stating your reasons.
📈 🚨 #FREE MT BNB LONG TRADE SIGNAL 🚨📈
👉 🧿 ASSET: CRYPTOCAP:BNB (BNB/USDT)
👉 🧿 ACTION: LONG
👉 🧿 1st ENTRY PRICE: $248.3, $252, $254.5
👉 🧿 STOP LOSS: $226 (Risky stop 237) 👉 🧿 1st TAKE PROFIT: $268, 2nd Tp: $300 (extended TP: , $468, $590)
Remember to trade responsibly and always do your own research. Happy trading! 📈🚨
The Big Danger Awaiting BNBBNB, which had an order block of around $265, was rejected by this block about 5 times and then stood at around $210.
In the scenario where this block is rejected, $350 can be seen again, but I think this scenario is risky as I heard from various sources that Binance is an attempt to hold BNB by selling Bitcoin.
In the scenario where $210 support is broken, BNB will face the downtrend that it broke before. There is a possibility of a return from here, but if this does not hold, the $210 - $43 gap becomes extraordinarily dangerous.
BNB as a hedge asset to all marketBNB (Binance Coin) is a cryptocurrency released by the cryptocurrency exchange Binance in 2017. Binance Coin was created to facilitate transactions on Binance and provide users with additional features.
Binance was founded in 2017 by Changpeng Zhao and has quickly become one of the most popular cryptocurrency exchanges in the world. Binance launched Binance Coin (BNB) as its first cryptocurrency in July 2017. BNB was initially issued as an ERC-20 standard token on the Ethereum blockchain but was later migrated to BNB Chain's own Layer 1 blockchain.
BNB was issued in a total of 200 million coins, of which 100 million were sold during the Initial Coin Offering (ICO) in 2017 and the remaining 100 million coins were saved by the Binance team for future needs. Binance uses BNB to pay trading commissions on its exchange and offers additional features for users, such as discounts on trading fees, participation in lotteries, and access to exclusive features on the Binance platform.
Why BNB is worth considering
In the last bull cycle of 2019-2021, BNB posted one of the best returns on par with Solana, outperforming BTC and ETH at the end of the cycle
There is a real business behind BNB in the form of Binance
BNB's Web3 direction is actively developing, BNB Chain regularly holds hackathons, looks for promising development teams and products, and actively implements an incubation program for startups
Throughout the fall cycle in 2022, BNB was the only major asset that showed a positive trend against BTC
From June 2022 to date, the average monthly return on BNB has been aloft
BNB has the lowest covariance value against BTC compared to other major assets, which reflects its relative independence
Risks of BNB
BNB is associated with Binance and in case of problems on the largest exchange, BNB will be under great volatility pressure
BNB Chain network has few validators, 2022 there were examples of network shutdown
WHAT YOU CAN DO
If you are a portfolio investor, consider interest allocations for BNB
If you are a futures day trader who use BNB in different market situations, BNB can show opposite dynamics to the whole market
Thanks for reading our idea and don't forget to hit a rocket and write a comment with your thoughts about BNB
BNBUSDT DailyHi guys, Hope you well
We have two scenario for binancecoin. I agree with first that go down to daily demand .
SecondChanceCrypto
⏰27/April/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Bnb | Needs More Buyers Bnbusdt
Support can be retested once again, if the interest of buyers is seen on support, BnB will definitely fly.
But for now be careful and show patient.
I am expecting a correction to 290-270$.
Remember: We only give Idea's from our experience and knowledge, it does not mean that it will be 100% correct, the market is always unpredictable, anything can happen anytime.
Always trade with your own research and knowledge.If You Are Satisfied With Our Work Then Join.
Bitcoin is so bullish but it's at strong resistance tooBitcoin is moving so bullish and is now reaching out the strong resistance zone which is the previous broken support turning into resistance and is now having alignment with 1.1 Fib extension level. It may extend further but short term correction must be anticipated.
Binance Coin (BNBUSD): Very Bearish Outlook! Here is Why:
Have you seen that huge head & shoulders pattern that was formed
on Binance Coin on a daily.
After yesterdays' fundamentals, the price successfully violated its neckline and closed below that.
Probabilities are high now, that the market will keep falling.
Goals: 256 / 243
❤️Please, support my work with like, thank you!❤️
Bitcoin bounced just as expected, & Possible scenarios.$BTC bounced off the support just as expected and reached my first TP (take profit) at $23,800.
$BTC rejected hard and dumped very fast after reached the first TP unfortunately though, which was honestly unexpected.
After this current rejection, I have charted possible bearish scenarios, as well as the bullish scenarios of course.
I am still going to hold my long, but I will be cautious and might hedge a short, we will see.
$BTC is in for volatile times, personally I would not use high leverage during the volatility.
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BTC MAY HIT $17,401 BEFORE MOVING DOWNBTC was seen on a trendline from $15,472 to $18,440 region where a %50 retracement seen at $16,956 region which was broken down and touches $16,250 region and moved up to retest $16,956. But the %50 movement from $18,440 down to $16,250 is at $17,401 which price may need to hit in other to gain enough momentum to push down 👇 if not broken. Please your our contributions is are welcome, comment your view to this analysis.
Thanks
ETC Retraced by %30, could price be rejected at this level?Showing on the chat an Order Block formed on 15M TF at the %30 retracement, could this be a rejection sigh? Maybe price will come back to retest the OB, and if broken then we may get to the %50 retracement ($17.314) but if rejected then you may see price moving towards the upper band. What is your opinion on this? Kindly leave a comment
Thanks
ETC make a reverse at 19.186LTC formed an uptrend line at $15,082 region where a new impulsive move was taken to $19.186 region, Where a short opportunity was spotted. At this point price is trying to move further but I think there is a need for price to Retrace by %50 currently at %30 region($18.176) , if there is a rejection at $17.886 it means a long opportunity which may breakout at $19.186 to further the up movement, but if there is no rejection at $17.886 I think we can continue with the short down to $15,082
BTC / USDT pair on Binance (4h timeframe) analysis + predictionHello,
Today I'll look at the BTC/USDT chart pair on Binance in the 4h timeframe. The demand zone is around $15850, and the supply zone is sitting around $16770 (previous supply zone was around $18K). From the long-term timeframe, I can spot the Falling Wedge trading pattern coming from a downtrend, and from the short-term time frame, I can see that the Ascending triangle trading pattern is occurring with consolidation and a rising support trendline. As an ascending triangle is normally a bullish sign, I expect the price to go just a little higher before changing direction and moving towards the demand zone at around $15800. The possibility of a breakout can happen at $17,200. If the price breaks the Falling wedge structure, we can expect a bullish movement and the price to move in the direction of 18K. If the opposite happens, I am expecting that we will move with the price in a downtrend to the demand zone at $15800 or lower. Both of the patterns I noticed are primarily bullish, but TREND is your friend. I am expecting the price to slightly move upward and then go in a downtrend to the demand zone at around $15800 or lower. My trading idea is to go short/sell. We are still in a bearish cycle, don't forget that!
Enjoy & have an amazing day!
BF
BNB FUDCZ is a beast and can do all that he wants correctly, however fud is unstoppable. with the state of the crypto market as a whole this isnt looking good. I dont see real functionality of bnb besides saving on fees, ive brought this up on my youtube before it was unjustly banned so hopefully some of you were able to watch those reviews. Either way FTX just nuked the entire market and now CZ is dealing with the toxic mess left behind by that scrub. Clearly seems to be a industry plant who was brought into crypto to tank the market to open the doors for regulation from the alphabets.
Regardless of what happens fundamentally, if BNB loses this level around 220 than its free fall time folks. Cya at $30 back where it began.