Get started

Bnbanalysis

#BNB in an Uptrend, Strong Sell Wall at $340Past Performance of BNB Overall, BNB prices are in an uptrend, though in a broader consolidation. From the daily chart, traders can look for opportunities to double down, expecting gains in the short term. Trading volumes have been low, impacting momentum and, thus, the rapidity of upsides. On the positive side, buyers stand a chance if BNB holds above $250. #BNB Technical Analysis BNB prices are within a $90 trade zone with caps at $340 and $250 on the lower end. As it is, buyers have support, anchoring the present leg up from around the 50 percent Fibonacci retracement line of the Q3 2022 trade range. A break above $340 may see BNB explode. However, the decisive rejection of the uptrend in early November 2022 impacts trading sentiment. Technically, sellers can turn the tide if BNB slips below $250, confirming November 8 and 9 bears from a volume analysis perspective. Notice that gains in the second half of November have been with relatively low trading volumes versus early November, questioning the strength of the uptrend. If the center fails to hold, BNB may drop to $220. What to Expect from #BNB? Traders are confident, but the general sentiment is doubtful of the downtrend. If BNB is to recover, the coin must break above $340 in a move that may lift the coin to $400 and later $460. Resistance level to watch out for: $340 Support level to watch out for: $250 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#BNB Remains Bearish, Prices Retest $250Past Performance of BNB BNB prices remain under pressure, down 32 percent from November 2022 highs. In the current formation, sellers remain in charge, and prices, despite traders hoping for the best, the coin is still inside a bear flag, as visible in the daily chart. The immediate support line flashes with the 50 percent Fibonacci retracement level of the June to August 2022 trade range at around $250. On the flip side, resistance is at $315, or November 10 high. #BNB Technical Analysis BNB prices, like other assets, are steady and moving within a narrow trade range. This calmness follows the damaging capitulation of November 8 and 9 that saw BNB slide by over 20 percent in two days. Traders can find entries on every attempt higher at $315, targeting $250. It is because prices are still bound by the November 9 bear candlestick, therefore swinging price action to favor bears from an effort versus result perspective. Besides, although there are higher highs relative to the lower BB, the coin is still within a bear breakout formation, with a general top-down preview being bearish. What to Expect from #BNB? Sellers are in a commanding position. This preview will only change if there are gains above $315, the November 10 highs, and, ideally, the total reversal of November 8 and 9 losses. There could be further liquidation if BNB shrinks below $250 with rising volumes. Resistance level to watch out for: $315 Support level to watch out for: $250 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
#BNB/USDT DAILY UPDATE BY CRYPTOSANDERS!!Hello, welcome to this BNB/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Binance coin (BNB) rose to a five-month high to start the week, as cryptocurrency markets surged on Monday. BNB/USD moved to a peak of $336.52 earlier today, which comes less than a day after trading at a low of $307.37. Monday’s rise in price sees the token hit its highest point since May 9, when the coin was trading at $359. Overall, BNB has now extended its recent bull run, with prices moving higher for a fourth consecutive day. Despite recent hacks on a blockchain linked to Binance, its native token remains unscathed and has now risen by as much as $100 in the last ten days. As a result of this, the 14-day relative strength index (RSI) has risen to overbought territory and is now tracking at its highest point since last April. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
BNB - breaking through the local highs.After the reversal formation through the zero point spring, we saw a breakdown of the upside of the trading range. At this point in time it is hard to predict the further direction of the price but most likely we will see the price going to test the buyer. It is also possible that the price will not retrace too much and the asset will continue to show positive dynamics from the upper boundary of the range. If you like the idea, like this. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
BINANCE:BNBUSD.P
by Artem_Dishel
2
BNBPERP - False breach of local highs via uptrust.This manipulation implies removal of stop losses of traders, who were in shorts, and implementation of buy orders for traders, who were intending to buy on the breakout of the maximum. We may see the resumption of purchases (test) in several price ranges: 1)200-225. 2)105-130. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your your loved ones. I have shifted my goals from my previous idea, but my scenario is the same
BINANCE:BNBUSD.P
by Artem_Dishel
#BNB/USDT 1DAY UPDATE BY CRYPTO SANDERS !Hello, welcome to this BNB /USDT 4Hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-BNB price is currently near the resistance and support of the pattern. If BNB breaks out of the triangle then the next target for BNB could be $520 $660 and if BNB breaks the triangle pattern then we can see that BNB is 170 and 200 thanks This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
BNB middle-term trade, good entry point on this weekendThe BNBUSDT price is behaving well, BNB buyers show that they are in control of the situation on the market, and the price itself is 30% above the minimum, which was set in June 2022. Such a combination of facts taken from the BNBUSDT price chart provides good conditions for placing an order to enter a long position under the following conditions: Entry $273,4 - 276,6 Stop $256,3 Take profit $331,4 (+20,5%) P/L ratio 3/1 By the way, the trade that we published last weekend received a very accurate entry into a long position of BTCUSDT and is now in the process of being worked out _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
21