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Binanceusdt

BNB: Approaching ResistanceTrade setup : Following a bullish breakout from Falling Wedge pattern, price reached our target of $340 now for 2nd time. That’s a level where it got rejected last year in August and November. Now we wait for price to either 1) break above $340 to resume Uptrend with $400 target, or 2) pull back to 200-day MA (~$280) for a swing entry in Uptrend. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance :Nearest Support Zone is $300 (previous resistance), then $260. The nearest Resistance Zone is $340, then $400.
Long
by altFINS
BNB: Pullback in UptrendBinance (BNB) technical analysis: Trade setup : Pullback in Uptrend. Following a bullish breakout from Falling Wedge pattern, price broke above 200-day moving average and $300 resistance and reached our target of $340 where it got rejected again. That’s a level where it got rejected last year in August and November. Pullback near $300 support could be an attractive swing entry area in Uptrend. Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $300, which it broke, then $260. The nearest Resistance Zone is $340, then $400.
Long
by altFINS
BNB/USDT to Breach Through the Consolidation & hit $300 Soon!Bitcoin has been relaxed a bit for the past couple of days which has paved way for the other altcoins to thrive. Given an opportunity the Binance Coin (BNB) price may lead a significant upswing to reach $300 at the earliest. The Binance Coin price appears to be gearing up to display a massive price action as it is constantly accumulating strength within the decisive symmetrical pennant The price may fluctuate significantly for another couple of days or weeks until it reaches the tip of the triangle post to which a breakout may be imminent depending on the volume induced. The price is believed to breach through the upper resistance and surge beyond $300 to reach one of the important resistance zone close to $323 by mid-February
by Coinpedia-Market-Insight
2
BNB: Sideways ChannelBinance (BNB) technical analysis: Trade setup : Trading in a Sideways Channel. Price bounced off of $260 support (big volume) and broke above $300, but failed to hold. Now it’s pulled back near 200-day moving average, which could act as a support and be a good swing entry opportunity. Pattern : Price is trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range – Buy near Support and Sell near Resistance. Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance :Nearest Support Zone is $260, then $200. The nearest Resistance Zone is $300, then $340.
Long
by altFINS
1
💡Don't miss the great buy opportunity in BNBUSDTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (280.6150). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 309.6210 TP2= @ 348.7170 TP3= @ 381.4600 TP4= @ 418.9090 TP5= @ 471.4040 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
3
💡Don't miss the great buy opportunity in BNBUSDTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (280.6150). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 309.6210 TP2= @ 348.7170 TP3= @ 381.4600 TP4= @ 418.9090 TP5= @ 471.4040 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
22
Watching for Smart Money in BNB/USDT Hello everyone, Hope all is well. Thought I would expand on the topics yesterday by looking at the daily perspective of BNB/USDT. As I am looking wide and starting to hone in. The recent uptick causes excitement for some life. It is important to layout what is ahead of BNB. Where are the decision points for smart money. To help people plan on important price point battles on either direction. What did I do: • Drew horizontal rays for resistances/supports • Drew a Fibonacci retracement • Drew date ranges Setting: I will be pointing out the different resistance lines in order by date as we saw a descend in the market from ‘18 and on. Makes it easier for me to report it. December 7th, 2018 – Support $4.087 June 22nd, 2019 – Resistance $39.469 February 13th, 2020 Resistance $27.301 March 13, 2020 – Support $6.37 Test: Our nearest test is to the test our support of .1070. As BNB has made the recent jump to turn the resistance level into a support level. Some encouraging signs. Our next big daily test seems to be at the $.1963 Ideals: Bullish Idea: An encourage sign is if we can break above $20 mark and have that be a marker of support. Kangaroo Idea: If bull run loses steam, a price above $14.50-15.00 would signal the market going sideways for BNB. Bearish Idea: If price goes below $14.50-15.00 range, the trend would indicate downward
by ReReckles
Binance/Tether (Sept 06) #BNBUSDT #BNB $BNB #USDT $USDTBNB is not in good condition, but a small breakout close to 23.5$ today is a sign that we need to be worry because it seems that Whales will be ready to pump BNB back to above MA200 in 1D timeframe. However, buying BNB is still a good choice because the future of Binance is quite bright with good news on meeting legal issues coming from Binance and I see that in mid-term, BNB may come back to 38$ and higher. Accumulate : 16$ - 18.5$ Quick Buy if pass 23.5$ in this turn Sell : 23.5$ - 26.5$ - 30.5$ Mid-Hold : 38$ Stop : Under 15.5$
by CryptoStation