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Hello everyone, I invite you to review the BNB/USDT 4H ChartHello everyone, I invite you to review the BNB chart against USDT, also on a four-hour timeframe. First of all, using the blue lines, we can mark the uptrend channel in which the price is currently moving in the lower part, it is also worth marking the local downtrend line with the yellow line. Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark support, and first we will mark a strong support zone in which the BNB price is currently located, but when it falls below this zone, the next support is at $ 233. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first strong resistance at the price of $ 249, and then it is worth marking a very strong resistance zone from $ 257 to $ 262, only when the price breaks out of it and then positively tests, we will see further increases. The CHOP index indicates that the energy has been used. The MACD indicator maintains an ongoing downtrend. On the other hand, on the RSI we have a strong rebound to the lower part of the range, which creates room for a future price increase, but it is worth being careful because there is room for the price to go a little lower.
by cryptodailyuk
BNB - Head and Shoulders on the 4H TF* BNB is still stuck in a range between 220 – 250 USDT. * Currently, it looks as if BNB is forming a Head and Shoulders pattern on the 4H TF. The neckline is at the 242 USDT Level. * The target for the Head and shoulders is 225 USDT. However, there is a daily demand zone between 231 – 236. I think it is possible for this demand zone to hold BNB’s price from further deterioration. * If you are inclined to short BNB, wait for a retest of the neckline as resistance. NFA. What do you think? Please share in the comments. Best Wishes.
BINANCE:BNBUSD.PShort
by NewThoughtCrypto
BNB 4HInterval ReviewHello everyone, let's look at the BNB to USDT chart on a four-hour time frame. As you can see, the price has moved above the downtrend line. After unfolding the Fib Retracement tool, we see that the first support is at $247.82, then we have a strong support zone from $245 to $243, and then support at $240.97. Looking the other way, it is worth first marking the resistance zone from $ 253 to $ 256, and then the support at $ 261.37. The CHOP index indicates that there is energy for a further move, the MACD remains in a downtrend, and the RSI has a sideways move around the middle of the range, which may result in a slight upward move in price.
by cryptodailyuk
SasanSeifi 💁‍♂️BNB /USDT👉4H Hey there,✌ ◼In the 4-hour timeframe, the price is currently trading around the $246 range. The scenario we can consider in the 4-hour timeframe is as follows: If the support zone at $242/ $240 is held, we may witness price growth toward the resistance levels at $248 and $250. 💹 🔹To better understand the continuation of the price movement, we need to observe how the price reacts to the resistance levels. If there is buying demand, there is a notable possibility of further price growth in the medium term towards the levels of $253 and $258, and it is possible to see a higher high above the $250 price range. However, if the price breaks below the $242 support level, we can consider corrective targets at , $237, and $233.💹 ◼ It is important for the positive trend to continue that the price consolidates above the $250 resistance level.❗ ❎ (DYOR)...⚠️⚜️ 🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach. 🔶Wishing you successful trading and profitable opportunities! If you have any further questions or require additional assistance, feel free to ask.✌ 🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
by SasanSeifi
BNBUSD Crossed the MA50 (1d) and starting a new rally.BNBUSD is trading inside a Channel Down pattern and today crossed above the MA50 (1d) for the first time since May 8th. A (1d) candle closing over it, confirms the expansion of a rally that started on the same level (Support 1 at 220.00) as the December-January rally. Trading Plan: 1. Buy if a (1d) candle closes over the MA50 (1d). Targets: 1. 340.00 (Resistance 1 and same target level of Dec-Jan rally on a +53.50% rise). Tips: 1. The MACD (1d) can provide an additional take profit signal as a clear Bear Cross was the confirmation in February that a correction was starting. Please like, follow and comment!!
CRYPTO:BNBUSDLong
by TradingBrokersView
3
Binance is Worldcom?, Binance Exchange Looking Strange. As of today Binance holds 554,634 Bitcoin | 9.2 Billion in Stable coins I really never liked Binance the entire theme of "helping lower gdp countries by expanding operations to uneducated financial employees that would have no thought of what they're doing is fraud" seems to me to be only a mirage of operating in unregulated financial markets. You can confirm this as the moment Binance steps foot into a regulated leading gdp country they get investigated and shortly after invited to the SEC and legal operation after legal operation. Their BNB token similar to FTX seems to show no strength at all pointing to be artificially held up, how much of this could be user funds? that Merkle tree strategy that was proven in effective as you're unable to know if multiple accounts are tied to the same balance, you can sense something off here. 1. Executives leave Binance 2. CEO's stepped down 3. CZ refusing to legally register his business and not addressing seed funding from his Chinese business origins and origin team, I was here I remember Binance and the Chinese white papers back during the ICO. Some exchanges have registered and pass the SEC regulations to operate experimenting with "cryptos" but Binance is not one of them. So if you take away the "cryptos" and that leaves Bitcoin as the only legitimate source of income, there is zero chance they can survive spot Bitcoin ETF's + regulated banking apps that will offer Bitcoin services. I see two pathways only 1.Binance gets acquired by an institution and reborn with the branding. In this case there could be very well one targeting Binance right now to take them down as they know something is off with them, this leads to discounted Bitcoin for your own fund. 2.Binance loses majority of Bitcoin revenue and uses its legitimate reserves to defend their unregistered security "BNB" as nobody will want to be locking up fantasy shares earning zero trading revenue. Expect mass layoffs from Binance in turn to repurchase BNB to defend their entire ecosystem of fraud. - If it was not clear you don't want anything to do with a company that could lead to your assets being held up in a 10 year legal case of seized property. The price to keep track of has been marked, Binance seems to be keeping the BNB price above $221. Some further details why I do not trust CZ he has paid to clean his involvement with Bijie Tech (seed funding of Binance) from most google searches and his specialty? his technology startup company, Fusion Systems, which was known for "some of the fastest automated high-frequency trading platforms and systems for stockbrokers." Is it not shocking his companies share token looks extremely abnormal and very well manipulated by a single large holder?
Short
by FederalXBT
BNB: Sideways ChannelBinance (BNB) technical analysis: Trade setup : Following a big drawdown in June, price has stabilized in a Sideways Channel ($220 – $260). Swing Traders can trade the channel (Enter near $220 support and Exit near $260 resistance). 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 : Neutral on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $220. The nearest Resistance Zone is $260 (previous support), then $300.
Long
by altFINS
BNB/USDT Short-Term ReviewHello everyone, let's look at the BNB to USDT chart on a one hour time frame. As you can see, the price has broken out of the local downtrend line. After unfolding the trend based fib extension mesh, we see that the first support is at the price of $ 239.8, the second at the price of $ 236.5. third at $233.3, and fourth at $228.7. Looking the other way, you should first mark the resistance zone from $247 to $250, and then the second zone from $254 to $257. The CHOP index indicates that there is a lot of energy to move, MACD is on the verge of returning to the downtrend, and we have a rebound on the RSI, but there is room for the price to go lower.
by cryptodailyuk
BNB Bearish Flag!KUCOIN:BNBUSDT BINANCE:BNBUSDT is sitting in a bearish flag. Price Action is at Resistance and possible entry ideas for a short with possible targets to 182 and 164. However, the Flag is sitting at an strong support zone. So, in the event that BINANCE:BNBUSDT breaks out upwards out of the flag, there is a low volume node that could be filled quick to the 200 Daily. CPI data comes out later so watch for volatility and possible Fake Outs. Not predicting but preparing for your move - Good Luck! In regard to CRYPTOCAP:BTC , it is still sitting in a build up. For detailed analysis see my previous post which also shows target scenarios for CRYPTOCAP:BTC and you can view my idea here which still holds: tinyurl.com/53cpu4vw If you appreciate my efforts, spend half a second and give me a Boost! Thanks!! Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
by imr4nkh8n
BNB Setup For Bull RunRight now BNB is a coin that reminds me a lot of the Bitcoin Cash chart just before it broke the 200 daily MA and exploded 200% in price days ago. The market structure is eerily similar to the year long accumulation BCH went through and like a tender smoked roast, BCH cooked on low and slow for a whole year boring traders to sleep before BOOM, a break above the 200 daily MA happened and the rest is now history. BNB has that same year long low and slow market structure currently but has not broken its 200 yet. It is still quietly in accumulation (possibly) but looks primed for a markup in price soon. Also, Bnb's weekly is attempting to put in a double bottom at a nice 88.6% fib retracement. That being AFTER it made a 100% retrace just over a year ago to date. A target of around 385 seems fair if and only if this 244 level holds on the weekly which is no gaurantee due to alt coins being so illuiquid in comparison to btc and eth. A true stop loss would be just below 184 but a tight stop loss below 220 is fine and maybe even wise. A run to 385 would equal a +50% move in price.
BINANCE:BNBUSDLong
by TradeVibez
BNB looks ready for trend shift ?👀 🚀Binance Coin Today Analysi💎 BNB is poised for a significant shift as it has been exhibiting sideways trading behavior for the past month. Currently, it's trading in a high-demand zone, indicating a potential trend shift. 💎 Moreover, it maintains a robust stance above the 50-day Exponential Moving Average (EMA), and the Relative Strength Index (RSI) also stands above 50, both of which are bullish indicators that shouldn't be disregarded. 💎 Above, we have a supply zone, so it's anticipated that the price will likely mitigate this zone by capturing selling liquidity. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
BNB Binance Coin BearishDaily Bearish Weekly Bearish Bearish Sentiment 93% POC analysis:earish Volume Bearish RSI Bearish Stochastic Bearish MACD Bearish Resistance Supports See on the Chart According to current Binance Coin price prediction, the value of Binance Coin is predicted to drop by -14.33% and reach $ 208.93 by July 11, 2023. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 56 (Greed). Binance Coin recorded 13/30 (43%) green days with 4.33% price volatility over the last 30 days. Based on our Binance Coin forecast, it's now a bad time to buy Binance Coin. Current Price $ 239.26 14-Day RSI 42.46 Based on data from July 06, 2023 at 11:03, the general Binance Coin price prediction sentiment is bearish , with 2 technical analysis indicators signaling bullish signals, and 27 signaling bearish signals. Binance Coin is currently trading below the 200-day simple moving average (SMA). The 200-day SMA has been signaling SELL for the last 33 days, since Jun 02, 2023. The price of Binance Coin is currently below the 50-day SMA and this indicator has been signaling SELL for the last 59 days, since May 07, 2023. The most recent Death Cross in the Bitcoin market happened 25 days ago, on Jun 11, 2023. Meanwhile, a Golden Cross last occurred on Feb 09, 2023, which was 147 days ago. Based on our technical indicators, Binance Coin's 200-day SMA will drop in the next month and will hit $ 288.44 by Aug 05, 2023. Binance Coin's short-term 50-Day SMA is estimated to hit $ 221.70 by Aug 05, 2023. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 42.46, which indicates that the BNB market is in a neutral position. Daily Simple Moving Average (SMA) Period Value Action SMA 3 $ 243.18 SELL SMA 5 $ 244.69 SELL SMA 10 $ 240.42 SELL SMA 21 $ 241.98 SELL SMA 50 $ 269.75 SELL SMA 100 $ 295.26 SELL SMA 200 $ 295.30 SELL Daily Exponential Moving Average (EMA) Period Value Action EMA 3 $ 240.46 SELL EMA 5 $ 242.24 SELL EMA 10 $ 242.22 SELL EMA 21 $ 244.95 SELL EMA 50 $ 262.90 SELL EMA 100 $ 280.66 SELL EMA 200 $ 291.25 SELL Weekly Exponential Moving Average (EMA) Period Value Action EMA 21 $ 282.41 SELL EMA 50 $ 297.54 SELL EMA 100 $ 297.21 SELL EMA 200 $ 248.96 SELL Binance Coin Price Forecast Date Price Change Jul 7, 2023 $ 245.89 0.82% Jul 8, 2023 $ 227.94 -6.54% Jul 9, 2023 $ 230.03 -5.68% Jul 10, 2023 $ 210.99 -13.49% Jul 11, 2023 $ 208.93 -14.33% Jul 12, 2023 $ 199.67 -18.13% Jul 13, 2023 $ 206.97 -15.14% Jul 14, 2023 $ 213.53 -12.45% Jul 15, 2023 $ 202.24 -17.08% Jul 16, 2023 $ 203.15 -16.70% Jul 17, 2023 $ 208.93 -14.33% Jul 18, 2023 $ 208.54 -14.49% Jul 19, 2023 $ 207.74 -14.82% Jul 20, 2023 $ 207.17 -15.05% Jul 21, 2023 $ 215.68 -11.57% Jul 22, 2023 $ 214.99 -11.85% Jul 23, 2023 $ 206.75 -15.23% Jul 24, 2023 $ 209.78 -13.98% Jul 25, 2023 $ 202.35 -17.03% Jul 26, 2023 $ 199.03 -18.39% Jul 27, 2023 $ 200.26 -17.89% Jul 28, 2023 $ 197.65 -18.96% Jul 29, 2023 $ 194.74 -20.15% Jul 30, 2023 $ 198.72 -18.52% Jul 31, 2023 $ 201.77 -17.27% Aug 1, 2023 $ 204.77 -16.04% Aug 2, 2023 $ 206.81 -15.20% Aug 3, 2023 $ 206.69 -15.25% Aug 4, 2023 $ 204.75 -16.05% Aug 5, 2023 $ 201.98 -17.18%
CAPITALCOM:BNBUSDShort
by DaveBrascoFX
51
Binance Coin BNBUSDT Price Analysis (4h)Greetings, fellow traders and investors of @TradingView 📈🚀 Today, let's dive into the analysis of Binance Coin (BNB) and explore its recent price action within a consolidating triangle pattern. 📊🔍 Over the past 34 days, Binance Coin has been consolidating within a triangle formation, indicating a period of indecision in the market. Notably, the prevailing trend leading up to this consolidation phase has been a downtrend. Typically, when a triangle pattern appears within a downtrend, it suggests the continuation of the downward momentum. However, it is crucial to acknowledge that the cryptocurrency market has exhibited instances where prices defied technical analysis expectations, emphasizing the need for vigilance. ✨ While it's important to consider the prevailing trend and the potential continuation of the downtrend, it's equally essential to remain open to alternative scenarios in the dynamic cryptocurrencies. Currently, the price of Binance Coin is hovering within the upper range of the triangle pattern, encountering resistance in the zone of $245 to $250. On the flip side, there is a support zone in the range of $235 to $239. These levels serve as crucial boundaries to monitor for potential breakout or breakdown. In the event of a bullish breakout from the triangle pattern, we can anticipate prices to target the next resistance zone at $270 to $277. Such a move would suggest a potential shift in market sentiment and bullish momentum. Conversely, should the triangle pattern break to the downside in alignment with the prevailing downtrend, there is a possibility of a breakdown below the $200 level . As previously analyzed in our BNBUSDT analysis, lower price levels may come into play as the downtrend continues. 🔍 It is essential to stay updated on the latest market developments and closely monitor the price action and key technical indicators for potential signs of a breakout or breakdown. Remember, trading and investing in cryptocurrencies involve inherent risks, and it's crucial to exercise proper risk management strategies and set appropriate stop-loss orders to protect capital. Wishing you successful trading and investment endeavors! 📊💰
B
by Vestinda
BNB/BTC Main trend in full. Channel. Pivot zone.BNB to bitcoin. Logarithm. Time frame 1 month. Idea for understanding the main trend, secondary trends. The accumulation and distribution zones of a given asset of the most liquid and popular exchange (this is the main thing, the direction of thinking of the masses at scale). Setting trends in the crypto market. Reaching the resistance of the inner channel (bull market 2021) and from it reversal. Now the price is at the support zone of the inner channel. The zone of the level 0.00744. The reversal zone. The percentages from it to the key support/resistance levels from which the further development of the trend will depend are shown on the chart. This is how the trend of this crypto coin with its own blockchain exchange Binance on a line chart looks. 📊 Trading pair to the dollar. with a more detailed description. BNB/USD Major trend in full.
by SpartaBTC
13
BNB/USDT Main Trend (part) Cup 150% Pivot Zones.The main trend (part). Timeframe 1 week. Cup 150% Reversal zone. A cup with a base of about 150% has formed in the secondary trend. The price is now at its resistance of 666. The 666 zone is an important reversal/trend continuation zone: 1) Not overcoming and formation of a horizontal channel (low probability). 2) Continuation of the trend (breakthrough and realization of the cup's targets), possibly through a flat in this resistance zone or through a small pullback - the formation of a cup with a handle). Coin in the coinmarketcap: Binance Coin Secondary trend. Timeframe 1 day. BNB/USDT Secondary trend. Resistance to previous highs.
by SpartaBTC
3
BNB/BTC Main trend 1w. Channel. Impulses. Past idea +450%The chart shows the main trend of the Binance exchange coin. Timeframe 1 week. Logarithmic graph. A trading idea for understanding where the price is in the main trend and what the potential of the price movement is. It should be noted that the main trend is quite strong and has formed an upward channel at a distance. The lows are constantly rising along with the highs. This is a very good sign. For the entire menagerie of thousands of such cryptocurrencies, which show such a confident price growth over a long distance of no more than 20. In most cases, even with a high capitalization, the trend breaks over time. You also need to understand that this is a cryptocurrency of a popular and very liquid exchange, which is why such a strong trend. If the exchange evaporates, then its coin, no matter what you are told, will similarly go into another world in the moment. Therefore, be careful in trading and accumulating large positions. Notice the super pumping pulses in the trend like what is happening now. Pay attention What corrections took place after such impulses Former trading idea of this BNB/BTC trading pair. This trading idea was published on January 17 at the very beginning of the trend inception, when a local reversal pattern formed at 4h. As the trend develops, I accompanied the price in updates and private. channel. BNB / BTC Local performance Double bottom Potential trend reversal This is an uptrend on the 1 day now timeframe. Profit from the moment the idea was published is about + 450%. The trend is developing. Now there is a breakdown of the triangle and attempts to gain a foothold above its resistance.
by SpartaBTC
6