The Patience Game: Waiting for Binance to Drop to $335 demandLook at the significant monthly demand level for Binance’s BNB at $335. The chart below displays where this imbalance is situated. Will Binance decrease to that level? We cannot say for certain, but it is what we anticipate in the upcoming weeks. It is possible that Binance will not drop and instead continue to surpass its all-time high, but we are discussing probabilities here.
Binancetrading
BNB Update - 23082023BNB Should hold critical support at 200. Otherwise whole crypto market will drop as we observed in FTX collapse.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Binance: Excited! 😬Lately, Binance has been jumping up and down below the resistance at HKEX:347 excitedly, even hopping above this mark once to finish wave (b) in blue. To complete wave (c) in blue as well as wave ii in magenta, the altcoin should move a bit more purposefully, diving into the magenta-colored zone between $304.40 and $274.90. There, our crypto friend should gain enough upwards momentum to develop wave iii in magenta and thus make it above the hurdle at HKEX:347 effectively. There is a 27% chance, though, that Binance could skip the magenta-colored zone, climbing above HKEX:347 directly to expand wave alt.iii in magenta earlier already.
Bitcoin is in uncertainty. KAVA looks goodCan't explain much about bitcoin as the latest candlestick on the weekly time frame has formed a type of doji candle which represents uncertainty. Meanwhile, I see KAVA is now testing the support trend line for the 3rd time. Should be an opportunity to open long position for scalping
Binance Coin: Don’t Act So Coy(n)! 😏Binance Coin should stop acting so coy regarding the magenta-colored zone between $278.90 and $245.40. We expect the altcoin to dive into this area to finish wave (2) in magenta before turning upwards again. Alternatively, there is a 33% chance that Binance could have already concluded wave alt.(2) in magenta and might thus climb above the resistance at $358.60 to develop wave alt.(3) in magenta.
Long on BNB-USDI'm looking for a high of $310 on the day. I'm not expecting it to do much more than trade sideways. If the preliminary support can be viewed as such, than I suspect we may see a breakout. Bare in mind as we close out Q1, that at the end of Q2 there is a forecasted burn. Which is why you'll see recovery from downtrends.
Around this time approximately>>> 2022 : $375.04 USD | 2021 : $228 USD | 2020 : $20:39 USD
Current Total Crypto Market Dominance: approximately 4.51%
Opinion on regulatory climate: I'm going to accumulate regardless of "news", or "rumors"... I'm aware of the scrutiny surrounding PAXO's... and I'm unbothered by it. It's good to know, but it hasn't changed my perspective to accumulate as much BNB as possible ahead of the Litecoin & Bitcoin Halvings. I'm aware of the 200 jurisdictions having signed onto an FATF agreement to regulate crypto.... the delegates actually did agree on introducing implementation on FATF standards... so the industry will see an introduction of a framework that largely benefits exchange operators such as Binance. How so?... it wont come into effect until the second quarter of 2024. Exchanges have a full year to work with, and adjust to a new global regulatory climate. Those whom are new to market will see the space as "cleaning up"... i welcome it.
BNB Chain deployed the most dApps in 2022. BNB Chain deployed 2,163 dApps
Global Expansion:
Q1 Observations -
- CZ plans to expand Binance headcount by 33% in 2023
- CZ suggests algorithmic stable coins may reemerge (a multichain stable)
- Tripling of validators too a set of 100
- Introduced third chain; BNB Greenfield + Optimism Roll Ups
EOY Guess: Last Bull Run vs this "Mega Bull Run".... i think BNB on the low end touches $900, on the bullish side it crosses $1200 USD, settling to $797 at the conclusion of the bullrun mid Q2 of 2024.
BNB Binance Coin LevelsGood morning people 👍
𝙒𝙤𝙪𝙡𝙙 𝙮𝙤𝙪 𝙡𝙞𝙠𝙚 𝙩𝙤 𝙠𝙣𝙤𝙬 𝙖𝙩 𝙬𝙝𝙖𝙩 𝙥𝙤𝙞𝙣𝙩 𝙩𝙤 𝙗𝙪𝙮 $BNB ?🤑🤑
I teach you easily with a graph , the only thing you have to memorize are the 4 areas drawn with 🟢Green / 🟡Yellow / 🔴Red /⚫Black.
🟩Best entry : 130 USD
🟨A good entry : 197 USD
🟥Risky entry : 280 USD
⬛Danger zone : 100 USD
PD : Black zone is dangerous if the price crossdown this level, it could go down much more. $BTC $ETHEREUM $LTC $ADA $XRP $MIOTA $XLM
PD2 : "Risky Entry" means that it is a more dangerous entry compared to the other 2 colors. But it is a valid entry anyway.
PD3 : Leave me in the comments, what do you want to analyze next. (any crypto/stock/indices )
PD4: $BNB has a brutal rise, and it is also forming a nice bullish pattern. Risky zone, it does not have as much risk as the risky zone of $XRP for example.
𝙄𝙛 𝙮𝙤𝙪 𝙡𝙞𝙠𝙚𝙙 𝙞𝙩 𝙤𝙧 𝙞𝙩 𝙝𝙖𝙨 𝙗𝙚𝙚𝙣 𝙝𝙚𝙡𝙥𝙛𝙪𝙡, 𝙮𝙤𝙪 𝙘𝙤𝙪𝙡𝙙 𝙨𝙝𝙖𝙧𝙚 𝙩𝙝𝙚 𝙥𝙤𝙨𝙩 / 𝙘𝙤𝙢𝙢𝙚𝙣𝙩 / 𝙡𝙞𝙠𝙚.
The post would have more visibility so that more people can see it.✅
Check my profile @vbirnoschi !!!
HNT/BTC PAIR MID TERM TARGET HNT/BTC pair still pretty low in midterm it will blast like a bomb when BTC will be stable
BNB 1D Rare reversal pattern "Adam and Eve" works!This idea is a topical continuation of the "Adam and Eve" reversal pattern work out.
We described detailed conditions for model work out in the previous idea , which has been working for almost a month.
Today we update the information by levels:
- the first fall target - $25
- the second fall target - $22.5.
Cancellation of the entire model work out, if the BNB value fixes above $30.90-31.50.
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Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Smart Money Watch: BNB/USDTHello everyone,
As I get use to setting up trading view, just be patient and any constructive advice is welcomed. As some exciting developments happened for BNB/USDT. We will look how to prepare next. If you want to look at my previous article on the chart, check out the profile.
What did I do:
• Drew horizontal rays for resistances/supports
• Drew Fibonacci Retracement line from December 7, 2018 (low) and on.
• Drew vertical lines to establish long term trends
• Date Range the vertical lines
• Price ranged the trends in between the vertical lines
Setting:
December 7th, 2018 - June 22nd, 2019
- Price increase: $35.68 (859%)
- Uptrend: 197 days
June 22nd, 2019 - December 17th, 2019
- Price decrease: $27.72 (-69%)
- Downtrend: 178 days
December 17th, 2019 - February 14th, 2020
- Price Increase: $15.16 (124%)
- Uptrend: 58 days
February 13th, 2020 - March 13th, 2020
- Price Decrease: $20.94 (-77%)
- Downtrend: 28 days
March 13th, 2020 - July 26th, 2020 (Continuing)
- Price increase so far: $14.20 (229%)
- Uptrend so far: 134 days
Idea:
I thought this would be helpful to layout the long-term trend to give people a better idea of the journey. As history is the best thing to learn from. Seeing the trends would indicate maybe the momentum of the market and seeing who is driving. I have looked at the relationship with BNB over the years and it has played a role in seeing the relationships.
Grain of Salt Thought: Two things I have seen over the years is that BNB/USD mimics ETH/USD movement and during kangaroo season it tends to still have high value after a run in either direction.
Bullish Idea: Since BTC is in a rumble. It seems that BNB has come alive.). The nearest resistance will be at the round numbers of $20 and $21. Following by breaking Fibonacci retracement barriers. Our next big test will be at $27.43 from history.
Bearish Idea: We lose steam or have a hard rejection and fall to test $17.69 first and then see how our support is able to bounce back.
Conclusion: BNB has been on an overall downtrend since June 22nd, 2019. It would need to reach the $27.43 resistance line and make a jump to challenge the bearish trend and turn it into support. Propping BNB to target it ATH of $39.83. Then would signal a long term bullish opportunity. As always enjoy your family, friends, and hobbies. Reminder: Saw a guy bite it because he didn’t have Stop Orders in place. Don’t let your ego in the way. Have a great Monday!
WRX token | 40+ % Target | RR 1:2Hey everyone, first of all please ensure safety of you and your family from Covid-19.
Follow the measures taken by the Govt.
So now straight to the point. In this analysis i used Fibo levels for target as well as for StopLoss and WRX is generating high volumes which is good.
This setup offers us 1:2 Risk to Reward ratio.
If this idea seems good or matched your views, you are good to go.
Best of luck Traders and keep supporting by giving a like to the work.
You can checkout my other works below.
PERLBTC Waiting 4 BTC to Run UpClose above 389 sats is green light for me
1R risk max cuz if btc continues to correct itself, this idea probably will be invalid,
If the breakout happens I'll take profit 2 times according to PA and let the rest run.
Lets go!
BANDBTC is in a good position All of our indicators are referring to buy this coin and I think it's very close to making a good pump, it just needs more volume to fly and not affected by BTC movement.
I think the normal price for it is 0.00008 sat but that's not mean the pump will go to this price but I am talking about the long term of movement.
Buy ARNETH on Binance.DISCLAIMER :- This is not a financial advice.
Buy ARNETH right now,
Place stop loss at 0.00127187
and take profit at 0.00143676
or at whichever price you like. :)
Remember, always risk 1% of your capital.
If you have any questions/doubts, feel free to comment below.
Happy Trading. :)
DOCKBTC ACCUMULATE OR BUY ON BREAKOUT1. Buy on breakout / retest
2. Accumulate ~ 160-140
Stop under 138
Sell ~ 220-240-260+
(DON'T FORGET STOP-LOSS)