BNBBTC
BNB NEW UPDATE (4H)This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section
In the previous analysis, we specified an invalidation level of 2.8% for BNB from the supply range and announced that if this level is touched, the analysis will be violated. The invalidation level was touched and the previous analysis was violated.
In the previous analysis for BNB, we imagined a diametric correction for wave B, but the correction was a triangle.
BNB has completed a wave A and a wave B. It is now expected to have an upward wave C while maintaining the green swap range.
BNB Want to run higherBinance Coin is for sure in a good momentum and the trend is strongly bullish. I expect a continuation of the bullish trend till the resistance level at 414 where i will look for a short entry. The first resistance level is 390, my main ideas is not to long now but to wait for a short
#BNB/USDT LONG#BNB
The price has been moving in a bear flag since May 2022
We have a strong support area from which the price bounced, 203.60
We're about to go up
This rise is supported by the moving average breaking 100
And break the downtrend
The price now is 232.40
First goal 327.5 0
Second goal: 387.50
BNB Feb 7 Breakout UpdateSharing one of my favorite #crypto coin update from TTR
We have been tracking it perfectly all the way from Oct lows.
TTR is very long this coin and its on its way for a breakout!
- Bulls must break above 309
- Bears must hold 296
Binance gets associated with China, and I assume it should start to outperform BTC and potentially even ETH into a mid-month high. Saying that - I will start to cut at 371 and above 400 levels.
BNB ANALYSIS (4H)BNB appears to have entered a diametric pattern which is now in the middle of wave C.
It is expected to move towards the specified targets to complete the C wave.
We marked the targets on the chart. We also specified the invalidation level, closing a daily candle above this level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank you
BNBUSDT: A quick scalp opportunity on 4H candleBNB is bouncing back from the support and heading towards the next resistance after a strong bounce back from major support at 280.
Next target for the BNB is at around 320
This is a quick scalp opportunity with significant risk. So careful with your position sizing and make sure to keep the stoploss.
Entry at: 306-309
StopLoss: 303
TP1: 312
TP2: 315
TP3: 320
Cheers!
GreenCrypto
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BNB IS VERY BULLISH (1W)Previously, for BNB, we considered a diametric, but the conditions of the waves are such that it seems that we are inside a triangle.
It seems that we are now in the final wave of this triangle, the E wave.
Based on the signals we have on the chart, we think $207 is the absolute bottom for BNB!
By maintaining the key level, which is $207, it can move towards the targets.
Our stop is the close of two weekly candles below $207. Further confirmation is when RSI resistance is broken above
BNB Potential 24-Hour Upside 🌥️, One-Week Horizon Bearish ☁️Trading conditions will be mixed for Ripple’s XRP and Binance Coin set to benefit from the bullish sun, while Cardano, Avalanche, and Dogecoin will face bearish clouds ☁️, ATTMO shows.
Over a one-week horizon, these bearish clouds will also sweep over Binance Coin, while Cardano, Avalanche, and Polygon are forecast to gain as a bullish sun will shine. ☀️
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BNB IS VERY BULLISH (1W)Previously, for BNB, we considered a diametric, but the conditions of the waves are such that it seems that we are inside a triangle.
It seems that we are now in the final wave of this triangle, the E wave.
Based on the signals we have on the chart, we think $207 is the absolute bottom for BNB!
By maintaining the key level, which is $207, it can move towards the targets.
Our stop is the close of two weekly candles below $207. Further confirmation is when RSI resistance is broken above
📉⚠️🔻 BNB Alert: Eyeing -30% Drop 🚨💥🌪️📉 Gather around, brave short sellers, for a tale of market turmoil and thrilling opportunity in the realm of cryptocurrencies! 🌐✨ In the shadowy depths of the crypto world, a storm is brewing, a tempest named "BNB" (BNBUSDT). 🌩️📊 According to the ancient scrolls of the three-weekly charts, this once mighty digital titan has encountered a formidable resistance point, a dark omen foretelling a spine-chilling 30% descent into the abyss of market value. 💸🔻
Imagine, if you will, the crypto landscape as a vast, tumultuous sea. 🌊 BNB, a majestic ship, once glided smoothly upon these waters. But now, it faces the wrath of an unseen, monstrous wave, ready to engulf it in its terrifying embrace. 🚢🌊
But fear not, for in every story of doom, there lies a hidden path to glory! 🌟🔥 As the market quivers in anticipation, a door creaks open, revealing a path lined with golden opportunities for the daring short sellers. 💰🚪 Now is your moment to don the cloak of courage and wield the sword of insight. 🛡️🗡️
👁️🗨️ Keep your eyes peeled on the ever-shifting tides of the market. Be the eagle that soars above the storm, watching and waiting for the perfect moment to strike. 🦅⏳ When BNB begins its fateful plunge, leap into the fray with your short positions, and ride the wave of its descent to a treasure trove of profits. 💹🔥
In this chaotic dance of numbers and charts, remember: the greatest victories are often hidden within the folds of fear and uncertainty. 🎭🏆 Embrace the chaos, harness the power of the storm, and transform the fearsome winds of change into the winds of fortune. 🌪️💫
So, brave adventurers of the financial seas, set your sails for the tumultuous waters of the crypto market. In the heart of this maelstrom lies your chance to emerge not just as survivors but as victors, legends of the trading world! 🚀🌌🏅
BNBBTC LOOKS BULLISHThis pair/currency is approaching a good support. Pay attention to the channeling, it seems that we are at the bottom of the channel. This is the BTC pair. By hitting the green zone, BNB could have a very good lead over Bitcoin. The time frame is weekly. Please note that time is required
BNB ☁️ 24-Hours, Rebound in 1 Week; BTC Bullish ☀️A bullish ☀️ shines over most of the global crypto market, including Bitcoin and Ether, in the next 24 hours and seven days, ATTMO shows.
However, cloudy or rainy ☁️ bearish trading conditions will prevail over Binance Coin, Dogecoin, and Uniswap over the next 24 hours, although the bullish sun ☀️ will later come back and shine on Binance Coin.
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BTC & Most Alts Look ☀️, Yet, BNB Faces ☁️ - Downward Trend A bullish sun ☀️ continues to dominate the skies over the global crypto market in the next 24 hours, indicating further upside potential for Bitcoin, Ether, and many altcoins. These bullish conditions will persist over a one-week horizon, according to ATTMO.
Exceptions are Avalanche, Binance Coin, and Uniswap which will face bearish clouds ☁️ and downside risk in the next 24 hours, as well as Ripple’s XRP and Uniswap over the coming week.
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BNB/BTC - BNB: Falling Wedge◳◱ On the $BNB/ CRYPTOCAP:BTC chart, the Falling Wedge pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.007025 | 0.007864 | 0.009155 and support near 0.005734 | 0.005282 | 0.003991. Entering trades at 0.005867 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: BNB
▣ Rank: 4
▣ Exchanges: Binance, Kucoin, Gateio, Hitbtc
▣ Category/Sector: Financial - Smart Contract Platforms
▣ Overview: Binance Coin is digital asset native to the Binance blockchain and launched by the Binance online exchange.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.005867 ₿
▣ 24HVol: 167.243 ₿
▣ 24H Chng: -0.34%
▣ 7-Days Chng: -3.04%
▣ 1-Month Chng: -1.93%
▣ 3-Months Chng: 6.11%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.007025 | 0.007864 | 0.009155
◢ Support: 0.005734 | 0.005282 | 0.003991
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: 0.05
▣ Last 90D: 0.59
▣ Last 1-Y: -0.53
▣ Last 3-Y: 1.14
◲◰ Volatility :
▣ Last 30D: 0.56
▣ Last 90D: 0.38
▣ Last 1-Y: 0.44
▣ Last 3-Y: 1.00
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.50 - Bearish
▣ In-depth BNBBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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BNB massive drop to 140$ !!!Hello Traders
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(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Ethereum & BNB on life Support
I have posted a chart back in May when I was seeing Ethereum & Binance Chain deteriorate, it looks like the final supports are being tested meaning once these are gone the foundation is completely gone.
The Ethereum supply has become inflationary due to the incentive to "Stake" Ethereum so the question is always true. Where does the Yield come from?. (New users staking Ethereum) meaning it takes no energy to create new Ethereum meaning the more its staked the more inflationary the more it becomes a house of cards before collapse.
BNB? Binance owns 70%+ of the supply its dead.
Ethereum ETF's? Yeah there's a reason they are getting little to NO volume smart money is not buying this Ethereum ecosystem either. My guess? is its there to SHORT Ethereum not Long it.
If I'm wrong in the future on Ethereum I will accept the loss. But my mind is set that Proof of Stake DOES not work. Its recreating central banking at hyperspeed.
Binance Coin(BNB) is following the 🚩Symmetrical Triangle🚩!!!Binance Coin(BNB) is completing a symmetrical triangle between two 🟢support🟢 and 🔴resistance zones🔴.
Corrective movements are all zigzag, and currently Binance Coin(BNB) is seen near the resistance zone and the upper line of the symmetrical triangle, and also, there is a divergence between wave A and wave C in the previous corrective structure.
So I expect Binance Coin(BNB) to decline at least to the lower line of the symmetrical triangle (around ➖17%).
Binance Coin Analyze ( BNBUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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Uptrend reversal: When price is maintained above 268.5Hello traders!
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(BNBUSDT chart)
Regardless of whether you use Binance Exchange or not, its influence on the coin market is quite high because it is the largest exchange.
BNB coins are continuously reducing the number of BNB coins through buybacks.
There are quite a few coins (tokens) that are expanding their correlation with this exchange, so it is one of the coins that is expanding the coin ecosystem by forming a network called BNB chain and increasing its correlation.
(1M charts)
One wave creates a wave that is completely different from the previous one.
Accordingly, the 179.2-210.2 section can be considered an important boundary section.
However, because BNB is a coin associated with an exchange, the risk burden should be considered higher, unlike BTC or ETH.
Therefore, I do not think it is appropriate to blindly drag the purchase principal into a long-term investment.
Therefore, I believe that the trading method of increasing the number of coins corresponding to profit through trading in response to rising or falling times is the way to stabilize one's psychological state.
This method will be applied to all altcoins thereafter.
Like yesterday's NEAR coin, it is one of the coins that has not risen above the MS-Signal indicator on the 1M chart among coins that are expanding the coin ecosystem.
Therefore, you can see that it is showing a slower rise than other coins (tokens).
(1W chart)
The key is whether it can rise to the 283.4-339.08 range and receive support.
To do so, it is important whether the price can be maintained by rising above 260.72.
(1D chart)
It touched the 268.5 point and appeared to be trying to break through the M-Signal indicator on the 1M chart.
Accordingly, if the price is maintained above the 240.2-248.8 range, the possibility of starting an upward trend is expected to increase by rising above the M-Signal indicator on the 1M chart.
Therefore, the key is whether the price can rise above 268.5 and maintain it.
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BNB is one of the altcoins other than BTC or ETH that is suitable for mid- to long-term investment.
However, if a problem occurs at the exchange and the exchange is closed, it will be useless, so you should always think about ways to respond to this and create a trading strategy.
Therefore, if possible, I think it is better to choose a trading method that increases the number of coins in response to profits.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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What's next for Binance? BNBCZ has officially stepped down as Binance CEO. How the market will take this move? Honestly i think BNB will react with a slow drop that could lead the price very low, maybe to 2 digits near 40 USD. This is just good for us long term investor, because we will have a big opportunity to buy cheaper and wait for the great comeback of Binance
Exploring Trends and Opportunities in Cycles with BNB/BTCAnalyzing the recurring cycles within the BNB/BTC pairing reveals a promising landscape for strategic trading. Over 650-day intervals, distinct patterns emerge, guiding investors through highs and lows in price dynamics.
This cyclic strategy presents a valuable tool for traders seeking optimal moments to exchange between BNB and BTC, potentially maximizing gains and capitalizing on market opportunities. It's crucial to acknowledge the current long-term historical uptrend in BNB/BTC, recognizing that revisiting lower price regions may be a healthy and strategic move from a technical perspective.
In essence, understanding and navigating these cycles can empower investors to make well-informed decisions, aligning their trades with the prevailing trends and enhancing overall trading performance."