BNBUSD: Can it reach $15000 during this Cycle?Binance Coin has become overbought on the 1D timeframe (RSI = 85.874, MACD = 52.260, ADX = 67.821), even the 1W RSI (85.874) is off the charts, and it is natural since it is on a hyper strong rally that is approaching its All Time High. The 1W MA50 will now support throughout the whole parabolic rally and the ramainder of the Bull Cycle, as it did in the two Cycles prior.
The peaks can be caught very effectively by the Sine Waves and the next is expected to be towards the end of 2025. Every High has been a +0.5 Fibonacci higher, the next is 2.0, so a new peak around 15000 shouldn't be considered unrealistic at all for the coin of the world's largest exchange.
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BNB
BNB/BTC - BNB: BBand Breakout◳◱ On the $BNB/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 0.007471 | 0.008373 | 0.009799 and support near 0.006045 | 0.005521 | 0.004095. Entering trades at 0.006758 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: BNB
▣ Rank: 5
▣ Exchanges: Binance, Kucoin, Gateio, Hitbtc
▣ Category/Sector: Financial - Smart Contract Platforms
▣ Overview: Binance Coin is digital asset native to the Binance blockchain and launched by the Binance online exchange.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.006758 ₿
▣ 24HVol: 484.938 ₿
▣ 24H Chng: 7.338%
▣ 7-Days Chng: 14.59%
▣ 1-Month Chng: 51.24%
▣ 3-Months Chng: 91.56%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.007471 | 0.008373 | 0.009799
◢ Support: 0.006045 | 0.005521 | 0.004095
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 8.06
▣ Last 90D: 4.83
▣ Last 1-Y: 0.98
▣ Last 3-Y: 0.63
◲◰ Volatility :
▣ Last 30D: 0.56
▣ Last 90D: 0.54
▣ Last 1-Y: 0.46
▣ Last 3-Y: 0.79
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.95 - V. Bullish
▣ In-depth BNBBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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BTC Leads, ETH follows, Altcoins right behind, true?We hear that CRYPTOCAP:BTC runs 1st.
Then CRYPTOCAP:ETH follows.
Then #altcoins lag showing the biggest gains.
Let's see how true that is
Early 2021 Chart:
1 Extended #BTC a little bit more on the left to show that there was a run already in progress.
2 #Bitcoin led the rally & it also TOPPED earlier.
Took #ETH a little longer to run. It topped later. It also sold off faster than its counterpart.
-----------------
CRYPTOCAP:BTC hit a mid April peak
CRYPTOCAP:ETH hit a mid May peak
ETH fell faster & coincided with BTC on all bottoms, shown in the yellow box.
#Ethereum resumed run was bigger, but was in conjunction with #Bitcoin.
#BTC made a higher high on this run.
However, while the #ETH run was bigger, peaking a month later both times, it made a lower high.
-----------------
CRYPTOCAP:ETH bottomed right above 1k in Mid June - July & tested this in Nov.
CRYPTOCAP:BTC bottomed at a lower price in November.
Both put higher lows in the middle of March.
Since then:
#ETH has done a 4x!
#BTC has done 4.5x & has new ATH!
The #Bitcoin performance is pretty much the same but the technical is better.
#Ethereum is still under the ATH & resistance is currently stopping.
***So far:
The early 2021 run shows CRYPTOCAP:BTC was a clear leader, topped before $ETH.
Later in the year, #BTC peaked first BUT did manage to make another high while #ETH did not.
During bear market, the clear performer was #ethereum. It managed to bottom first, before BTC.
#Bitcoin has similar performance in returns in similar time frames but has been more impressive technically.
***
-----------------
CRYPTOCAP:TOTAL 3 = NO CRYPTOCAP:BTC or CRYPTOCAP:ETH
#altcoins follow similar trajectory to #ETH in early 2021 but outperformed it by a very good amount.
The second half of #altcoinseason wasn't as strong as the first half but still outperformed #ethereum & coincided with patterns again.
Smaller caps weakened first showing a loss for risk appetite.
-----------------
#Altcoins perform more like CRYPTOCAP:BTC come August 2022.
CRYPTOCAP:TOTAL 3 bottomed a month AFTER #BTC. This is shown in the yellow box.
Since then, as a whole, smaller caps have severely underperformed #bitcoin
& #ethereum by 50%!
Granted, those in the right sectors have done well. Sectors like #AI #CryptoGaming & #memecoin.
-----------------
CRYPTOCAP:BTC is at an ATH
CRYPTOCAP:ETH is 20% away from its previous all time high.
CRYPTOCAP:TOTAL 3 = is a whopping 50% from its all time high!
*******Conclusion*******
Not sure of the narrative being pushed for the last 2 years is correct. At least in reference to #altcoins as a whole.
If you're in right sectors, yes, it is great! However, looking at the the data shows that most previous winners are severely lagging.
Examples are CRYPTOCAP:BNB CRYPTOCAP:SOL CRYPTOCAP:AVAX BIST:LINK
Hope you enjoyed this & get something out of it.
(Very hard to show all this data here, Please see our profile for more data)
HelenP. I BNB can rebound up from trend line and then fallHi folks today I'm prepared for you Binance Coin analytics. Some time ago price reached the support zone, which coincided with support 2, and soon broke this level, but later BNB fell back. After this, the price broke support 2 again and then rose a little higher, but soon the price turned around and made an impulse down to the trend line, breaking support 2 one more time. When the price fell to the trend line, it turned around and at once started to move up and soon reached support 2 and broke it again. Next, the price continued to move up to support 1, which coincided with one more support zone. And when BNB reached this level, the price broke it and entered to the support zone, but soon BNB made the correction below. After correction, BNB some time traded below support 1 and later finally broke it again and even rose higher than the support zone, but a not long time ago price fell back. At the moment, BNB trades near support 1, which coincided with the trend line inside the support zone and I expect that Binance Coin will rebound up from the trend line and then fall lower than this line and support 1, thereby breaking them. That's why I set my target at the 500 level. If you like my analytics you may support me with your like/comment ❤️
TWT will be next 10-100x bull run Breaking above red box no new low 🔅 stright forward 4-6x
Below always chance to complete $0.5 below 📍
Return to $5-8 it's 10x
Based on move we can decide will it beat 100x or settle with in 10x
U need to know project things 😉 it's always different direction in Crypto 🔮
Last bear run it completed bull run top 🔝
$50-200 possible i don't know if target reach fast 😹 i will update here 🙂
BNB price is preparing for a strong growth soon ?The year 2023 was not the best for Binance and CZ, if we analyze the news background, lawsuits, fines, etc.
But everything seems to have "calmed down and stabilized"
The other day, there was another burning of BNB worth more than $600 million. Now, 154 million of the 200 million coins that were in circulation at the beginning are in circulation. Almost half of the planned amount was burned (ultimately, only 100 million BNB should remain in circulation).
It seems to us that a good "window of opportunity" is now opening up to drive the BNBUSDT price to the range of $520-540.
There you can sell a little BNB to cover the "expenses" of the past year)
_____________________
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BNB/USDT 4HInterval Support and ResistanceHello everyone, let's look at the 4H BNB to USDT chart as we can see that the price has broken out of the local uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $575
T2 = $618
T3 = $649
AND
T4 = $689
Now let's move on to the stop-loss in case of further market declines:
SL1 = $512
SL2 = $484 - $469
AND
SL3 = $425
Looking at the RSI indicator, we can see that we have again approached the downward trend line and there is still a lot of room for recovery, while the STOCH indicator, despite the current rebound, also has a lot of room for recovery.
BNBUSDT - Price can bounce up from support level to $560Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price entered to rising channel, where it bounced from support level and rose to resistance line of channel.
After this movement, BNB turned around and ina short time declined to support line of channel and soon broke it.
Price left rising channel, broke $392 level, and declined lower, but soon it turned around and started to move up in new channel.
In this channel, BNB broke $392 level again and later reached $508 level, which broke soon too, and then made retest.
Then price tried to rise more, but failed and now trades very close to support line of rising channel.
In my mind, Binance Coin can decline to support level, after which it bounces up to $560
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BNB: Resistance BreakoutTrade setup : Price broke above $500 resistance to signal continuation of uptrend, with +20% upside potential to $600. Stop Loss (SL) level at $450 for a 2:1 Reward-Risk-Ratio (RRR).
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $400 (previous resistance), then $350. The nearest Resistance Zone is $500, which it broke, then $600.
Cryptolean Binance Coin BNB UpdateAs expected, yesterday Binance Coin had another bullish impulse and broke through the key daily resistance of $529.
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 $477.
Intraday Chart
The BNBUSD intraday chart is bullish and the last 4-Hour candle broke through $526 resistance.
A sustained price action in the 4-Hour chart above $526 will push Binancecoin price towards $552 and higher.
A bearish break-out to $526 will lead to a dip towards $506 support that could lead to a bullish rejection.
BNB will follow BTC. A strong bearish rejection of $69,654-$73,422 in the BTCUSD daily chart will lead to the weakness of the whole Crypto market and Binance Coin won't an exception.
Like once read.
Thank you!
BNB promising cup and handle patternThe BNB/USDT pair is currently displaying a promising cup and handle pattern on the daily time frame, suggesting a potential bullish reversal. This classic chart pattern typically signifies a period of consolidation followed by a breakout to the upside.
With the cup and handle formation in play, there's a strong possibility of a continuation of the upward trend, potentially targeting around $455 USD for BNB. This target is derived from the pattern's measured move, projecting the expected advance after the breakout.
Moreover, the MACD indicator is indicating a forthcoming bounce, adding further confirmation to the bullish outlook. The convergence of positive signals from both the price pattern and the momentum oscillator enhances the probability of an upward momentum surge.
If the short-term trendline is breached and the cup and handle pattern is confirmed, it could act as a catalyst for a substantial upward move. Traders and investors alike may anticipate a significant rally, leveraging the breakout to capitalize on potential gains.
In conclusion, the technical setup for BNB/USDT appears highly favorable, with the cup and handle pattern, coupled with a potential MACD bounce, indicating a bullish trajectory. Confirmation of the breakout could trigger a notable surge in price, with $455 USD emerging as a viable target for the upward movement.
NgaTiger chart looks bullish (?)Hello all, I noticed some tweets about "NgaTiger" , the owner gifted the project to the community at the new year. Contract has been renounced so nothing can be change on the contract anymore and liquidty has been burnt, it means nobody can take back the liquidity until forever.
NgaTiger daily chart looks bullish, it is having very low marketcap (currently 50K!!), community is active and it can go to the moon with some extra buys. Please DYOR! Not Financially Advised.
You can buy NgaTiger via Pancakeswap.
Will the launchpad on Binance increase the BNB price more?Hello everyone, let's take a look at the BNB to USDT chart taking into account the time frame of one day. As we can see, the price came out on top, from the main downward trend.
Currently, we can see how the price is struggling with strong resistance at the golden point of 0.618fib, but further it is worth defining a very important resistance zone from $565 to $668. ONLY when the price breaks above this zone and tests it positively, we will be able to see a move towards $965.
In a situation when the resistance level cuts off the current increase, which is strongly supported by the launchpad, and the price starts to reverse, there is significant support at $373, then a strong level is $300, and then around $248.
On the RSI indicator we can see that a support line has formed, but there is still plenty of room for recovery, while on the STOCH indicator we are again above the upper limit, which may also lead to a price correction.
BNBUSDT.1DBased on the market data provided, BNB (Binance Coin) is currently trading at 485 USDT.
In the short term (4h chart), the RSI (Relative Strength Index) is at 75.27, which is considered to be in the overbought territory. This could indicate that a correction or a slight pullback might be in the offing. The MACD (Moving Average Convergence Divergence) is at 17.5, which suggests a bullish trend. The Bollinger Bands (BB) are at 495.0, with BNB trading below the upper band, indicating less overbought conditions.
The immediate supports for BNB in the short term are at 459.0, 426.0, and 406.0 USDT, while the resistances are at 495.0, 502.0, and 518.0 USDT.
In the medium term (1d chart), the RSI is at 78.0, which also indicates overbought conditions. The MACD is at 31.6, suggesting a bullish trend. The Bollinger Bands are at 495.0, again with BNB trading below the upper band.
The medium-term supports for BNB are at 397.0, 351.0, and 336.0 USDT, whereas the resistances are at 509.0, 543.0, and 575.0 USDT.
In the long term (7d chart), the RSI is at 86.19, indicating heavily overbought conditions. The MACD is at 44.5, suggesting a strong bullish trend. The Bollinger Bands are at 495.0, with BNB trading below the upper band.
The long-term supports for BNB are at 329.0, 300.0, and 210.0 USDT, whereas the resistances are at 509.0, 614.0, and 695.0 USDT.
In conclusion, BNB appears to be in a strong uptrend, but the overbought conditions indicated by the RSI in all time frames suggest that a pullback or correction is possible. It's important to watch the support and resistance levels for potential breakout or bounce. As always, it's recommended to keep an eye on market news and use proper risk management strategies when trading.
BNB: Resistance BreakoutTrade setup : Bullish break above $400 resistance signals continuation of Uptrend with +10% upside potential near-term to $500. Stop Loss (SL) at $424.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $400 (previous resistance), then $350. The nearest Resistance Zone is $450, which it broke, then $500.
BNB Bullish Falling Wedge BreakoutPattern: Bullish Falling Wedge
Timeframe: 1-hour
Entry: Buy on a clear breakout above the falling wedge's upper trendline.
Entry Price: Enter upon a close above resistance.
Stop-Loss: Place below breakout point for risk management.
Take Profit: Initial target at wedge height added to breakout point.
Rationale:
Bullish pattern signals potential reversal.
Confirm breakout with increased volume.
Check for positive fundamental catalysts.
Assess relative strength compared to the market.
Confirm overall bullish sentiment in the crypto market.
Note: Trade carefully, use risk management tools, and stay updated on market conditions.
BNB/BTC - BNB: BBand Breakout◳◱ On the $BNB/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.007471 | 0.008373 | 0.009799 and support near 0.006045 | 0.005521 | 0.004095. Entering trades at 0.006764 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: BNB
▣ Rank: 5
▣ Exchanges: Binance, Kucoin, Gateio, Hitbtc
▣ Category/Sector: Financial - Smart Contract Platforms
▣ Overview: Binance Coin is digital asset native to the Binance blockchain and launched by the Binance online exchange.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.006764 ₿
▣ 24HVol: 484.147 ₿
▣ 24H Chng: 7.45%
▣ 7-Days Chng: 14.59%
▣ 1-Month Chng: 51.24%
▣ 3-Months Chng: 91.56%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.007471 | 0.008373 | 0.009799
◢ Support: 0.006045 | 0.005521 | 0.004095
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 8.06
▣ Last 90D: 4.83
▣ Last 1-Y: 0.98
▣ Last 3-Y: 0.63
◲◰ Volatility :
▣ Last 30D: 0.56
▣ Last 90D: 0.54
▣ Last 1-Y: 0.46
▣ Last 3-Y: 0.79
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.95 - V. Bullish
▣ In-depth BNBBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Binance Coin can rise higher than resistance line and then fallHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some days ago started to rise in an upward channel, where it soon broke the 360 support level, which coincided with the buyer zone, and in a short time later reached the resistance line of the channel. After this price made the correction and then continued to rise in the channel to the current support level, which is located in the support area. In a short time, BNB broke this level too and soon reached the resistance line of the channel, but at once price turned around and exited of channel and then declined to the 400 level. After this movement, the price rebounded from this level and started to rise, but later it made a downward impulse to the 360 level. Soon, the price turned around and at once made a strong upward impulse back and even higher. So, at the moment, BNB trades very close to the resistance line, therefore I think Binance Coin can rise a little higher than the resistance line, after which the price will turn around and start to decline. For this case, I set my TP at - 420 points. Please share this idea with your friends and click Boost 🚀
BNB/USDT 1HInterval CHart ReviewHello, I invite you to review the current situation of BNB in pair with USDT, taking into account the one-hour interval. Let's start by identifying the local uptrend channel using the blue lines.
Let's start by determining support, and here, after using the trend based fib extension tool, you can see how the price approached the support at $410, and then it is worth defining the support zone from $395 to $387.
Looking the other way, you can see that the level of $427 still remains a strong resistance, but the price may increase further to around $449.
The RSI indicator shows that we have crossed the support line below, which may result in a further decline, and the STOCH indicator shows that we are moving at the lower limit, but with the possibility of a continuation of the correction.