Cryptolean Binancecoin BNB UpdateYesterday Binancecoin could not close above $529.
Today, a bullish Bitcoin Dominance put pressure on the Satoshi value of BNB and we saw an intraday pullback to $505.
A daily candle closure above $529 will increase a probability of a continuation of a bullish move up towards $586 and higher towards $600.
An inability to sustain could lead to a re-test of $505 and a dip lower to the key daily support zone at $455-$477.
Intraday Chart
The BNBUSD intraday chart is taking a pause and consolidating.
It is trading in the bullish territory through.
A re-test of the key intraday support at $507 and a bullish rejection will push #Binancecoin price towards $544.
A bullish break-out of $544 will result in a bullish rally towards $588-$620.
A bearish break-out of $507 will lead to a dip towards $472 support and, possibly lower, to $438. .
IMPORTANT: The BNBUSD chart is holding strong and consolidating in a narrow range which is totally normal after last days bullish extension.Once Satoshi price in BNBBTC chart will find a support and reverse, the Dollar price in BNBUSD chart will extend higher.
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Binancesignals
Binance Coin - 10.000% RallyHello Traders, welcome to today's analysis of Binance Coin.
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Explanation of my video analysis:
After the break and retest on Binance Coin back in 2020 we saw an insane rally of +10.000% towards the upside. Recently BNB then broke out of a longer term triangle continuation pattern and can now potentially create a similar rally. I am now just waiting for a break and retest of the structure mentioned in the analysis and then I my first target is the previous all time high.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
BNBUSD (W) Will wave 5 happen ?BINANCE:BNBUSD
BNBUSD (W) Will wave 5 happen ?
BNBUSD (W) represents a digital currency generated by the BINACE exchange, fostering liquidity through transaction fees levied on retail investors. The question arises as to whether BNB can induce a surge in price amid a potential upswing in the near future, culminating in wave 5 prior to the next correction. Adhere to the strategy and remain vigilant for a favorable entry point should the market unfold as anticipated
FTMUSDT IMMENSE LONG POTENTIAL !FTMUSDT broke of a long downtrend and retested support successfully.
It is now setting up an optimal entry at a demand area that could potentially lead to large gains in the mid-long term, while the RSI is testing a new uptrend line after breaking a long term downtrend line and testing support.
Invalidation of this trade would be breaking and closing below this area while RSI breaks structure.
BCHUSD is potentially poised for a substantial price upswingBINANCE:BCHUSD BCHUSD (W)
BHCUSD may have a strong price increase coming up. Waiting for confirmation of price and volume explosion!
Following the preceding abrupt surge in price accompanied by elevated volume, BCH has undergone a correction spanning over 30 weeks, characterized by diminishing volume and price consolidation. The signal from the MA20 line consistently aligns with the evolving price dynamics.
Is it plausible to anticipate the occurrence of High Volume, accompanied by a substantial surge in price amplitude within this digital currency?
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PYRUSDT Retracement Long PotentialPYRUSDT is retracing into previous range high/resistance and 0.386 fib level where price penetrated the highs with big volume indicating a change in market structure and a new bullish trend.
Also long term RSI trend is testing the trendline and 50% level area as support.
Invalidation of this idea is the yellow arrow scenario where price closes back inside the multi year range and gets rejected from the range high while also RSI trend failing to maintain its structure and tests as resistance.
Potential targets for this trade is the 0.7-0.786 fib levels in the mid term.
BNB - WATCH OUT 👀 4h Support Breaks📉Hi Traders, Investors and Speculators of Charts📈
In the lower timeframes, sellers have taken control and the price is trading right on top of a very important support zone:
If we lose this support, the next likely bonce zone is only around 175:
From a macro timeframe, the technical indicator is still bullish (as long as the green trendline holds:
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CryptoCheck
CRYPTOCAP:BNB BINANCE:BNBUSDT BINANCE:BNBUSDT.P BINANCE:BNBUSD CRYPTOCAP:BNB.D MEXC:BNBUSDT.P
BNBUSDT.1DBased on the provided market data, BNB (Binance Coin) is currently trading at USDT 317.0.
In the 4-hour chart, the Relative Strength Index (RSI) is at 67.22, which is near the overbought territory (70), suggesting that the coin might be overpriced and a price correction could be due. The Moving Average Convergence Divergence (MACD) is 2.8, indicating bullish momentum. The Bollinger Bands are at 319.0, with the coin trading below the upper band, suggesting less volatility. The immediate resistance level is at 318.0, and if it breaks this level, it could potentially head towards the next resistance levels at 327.0 and 340.0. The support levels are at 304.0, 290.0, and 284.0.
In the daily chart, the RSI is at 65.93, indicating that the coin is near the overbought territory. The MACD is at 8.3, indicating a bullish trend. The Bollinger Bands are at 326.0, with the coin trading below the upper band, suggesting less volatility. The immediate resistance level is at 340.0, and if it breaks this level, it could potentially head towards the next resistance levels at 352.0 and 388.0. The support levels are at 310.0, 300.0, and 258.0.
In the 7-day chart, the RSI is at 69.19, indicating that the coin is near the overbought territory. The MACD is at 13.3, indicating a bullish trend. The Bollinger Bands are at 335.0, with the coin trading below the upper band, suggesting less volatility. The immediate resistance level is at 350.0, and if it breaks this level, it could potentially head towards the next resistance levels at 396.0 and 440.0. The support levels are at 245.0, 185.0, and 200.0.
Based on this data, BNB is currently in a bullish trend, but is nearing overbought conditions. There could be a potential price correction in the near future. As always, it is recommended to closely monitor the market conditions and make investment decisions accordingly.
Strat Crash Market...?(BNB)📊Analysis by AhmadArz:
We are in bear market if breakout supporte price 300$.
🔍Entry: 330
🛑Stop Loss:349
🎯Take Profit: 317 -307 -292 -277
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DOTUSDT LONG BIAS 4H TFbroke the stracture nicley with force ,theres might be a good chance that force could pump the price again,it came back to demand level again and currently testing it and holding it nicely ,so i am long on it ,lest wait and hour and wait for the candle close ,i might take an entry it has nice risk to reward ratio. MEXC:DOTUSDT.P
QNTUSDT LONG BIAS ON 4H TFMEXC:QNTUSDT.P
my bias is long it didnot manage to break the stracture first time but managed to break it evntually ,and i see lot of force behind breaking it ,now it came back to the demand level and holding it nicely ,i might take an entry in next hour if it manges to stay above the preivous level.
RDNTUSDT POSSIBLE LONG ENTRY!MEXC:RDNTUSDT.P possible long entry for this pair ,broke stracture with force now testing the demand zone that broken it.its holding nicely ,i am long on it .you can see my entry zone if price breaks to the upside without tapping my entry point then there is no trade.
dont take a force trade ,let the trade come to you.