BNB coin entered a bearish trend As always hello bears, we have seen a huge pump for Binance coin last month, the price moved from 330 $ on 29 October 2021 to reach an all-time high 670 - 690 area by making 200% gains, now the coin is about to drop and get some profit for old buyers, BNB USDT is targeting 516-526 support area.
You can see the price had broken out 200 Moving Average after 29 October bull breaks out, the seller tends to sell the crypto market right now because of the improvement in the price of the US dollar. A stronger dollar against major currencies and a desire to lock in profits triggered a strong but relatively even sell-off overnight. The cryptocurrency market capitalization collapsed 7.5% over the past 24 hours to $2.66 trillion, breaking a long consolidation."
Binancesignals
HNT/USDT A clear break below 54 can take this down to 49 in the immediate short term and a 4 hr break below 46 can take this to 40 in long term because of multiple drives of bearish divergences on 1 hr TF, and a divergence on 4 hr TF. Also , this got a bit too extended , and probably gets pulled back decently to EMA.
BNBAUD Will Break Hearts💔💔💔💔💔💔BNBAUD will see a huge drop from ATH 900+AUDto 680AUD.
The token/currency pair have been trading in a bullish structure, unfortunately this structure was broken with BTC drop few days back. Now we will see continuation of this bearish move for some time.
Price action can invalidate this move until then, we have assume the worst.
Our OB level have been retested, so it makes sense to short the pair until we see a significant presence of buyers before we exit.
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OMGUSDT Flag Pattern!OMGUSDT (4H Chart) Technical Analysis Update
OMG/USDT currently trading at $15.10
Flag Pattern
Buy level: Above $15.00
TP 1: $16.25
TP 2: $17.80
TP 3: $20.00
TP 4: $22.50
Stop loss: $13.60
Max Leverage: 2x or buy it on spot market
Always Keep stoploss
BNB comes up for mid channel???as we can see BNB break its key level and confirmed price above the key level with
three bullish pin bar. that is good for its up trend.
also the price made higher high top and this is good for its up trend also.
and also BNB break its down trend and its pullback to down trend is completely done.
i think BNB can hit the mid channel in few days and after that
its depend on market situation that its can continues to the top of channel
or it will pullback on this key level again.
Binance coin- to challenge ATH soonIt was a very good month also for Binance coin and the new crypto enthusiasm has driven the price from 300usd to 500usd.
Now the coin is trading just under very important 500usd resistance and I expect a break to the upside that could lead to price to the old ATH and even higher.
440 is strong floor for this coin and only a break under would change my bullish opinion
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