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BNBBTC

Binance 80% CRASH! Black swan crypto event. Fundamentals first. Binance Exchange is losing customers; that is a fact that everyone knows. The huge scandal occurred just before Christmas, but it looks like people have already forgotten what happened. What is causing Binance Exchange to lose customers? First of all, Binance Exchange itself is banning users all around the world for no reason. My friend got banned before Christmas, 1 day after he opened a short position on BNBUSDTPERP futures. I received a lot of messages from people all around the world saying they received an email with a permanent account suspension. Half of them could withdraw their funds; the other half could not. So if you received this email and you don't know why, Binance Exchange can ban you without any reason, just if they want to. There is a conspiracy theory (not verified) that Binance cannot have a monopoly on crypto; bigger players refuse to accept this fact, so they need to reduce it by force. I think Binance is a great exchange, the most liquid exchange. But these are facts that everyone can verify. BNB coin is currently worth 245 USDT. In my opinion, the price is very expensive at this moment, due to recent scandals and lost customers. 50 - 100 USDT is a fair price to me; I am not willing to pay more for the coin. If something is too big, it will destroy itself, so there needs to be competition. Monopoly is not a good thing. I want to give you some tips: do not short BNB directly on the Binance exchange if you don't want to get permanently banned like my friend. The best option is to store your cryptocurrency in a hardware wallet such as Trezor. And use only a portion of your funds on exchanges to trade spot or futures. Leverage is good because you don't need all your funds and will transfer the risk to the exchange. Together with "stop limit" orders, you can trade very effectively even with a small amount of your funds on exchanges. Binance CEO Changpeng Zhao (CZ) said on Twitter that "for most people, for 99% of people today, asking them to hold crypto on their own, they will end up losing it." In other words, if you hold crypto on your own, you will lose your funds, so you should hold all your funds on exchanges. I was shocked when I saw this. He made this statement during the massive bank run on his exchange, giving the impression to others that he was threatening people and convincing them that their funds are safe only in his exchange. ----------------------------------------------------------- Now let's take a look at the technical analysis, which is the main reason why I am bearish on BNB. Both the technical and fundamental analyses are bearish. The uptrend from June 13, 2022, to November 7, 2022, is clearly weak. It's an ABC corrective pattern, which is usually followed by a massive crash.  80% crash to 48 USDT is, in my opinion, very possible. Everything is going down, including META stocks, TSLA, etc. So if you believe in the future of Binance, 48 USDT is your desired price. You have no idea how much BNB people accumulated in previous years or how many leveraged long positions on futures are open. The market usually wants liquidity. The price has been moving in the descending parallel channel, and we can retest the channel from the downside. As per my Elliott Wave analysis, the whole structure looks very weak. The first impulse wave appears to be an ending diagonal wedge. The bulls are not interested in this coin. 48 USDT is a very strong support because it marks the beginning of the massive gap from 2021 as well as the breakout level of the previous structure from 2020. I am very bearish on the crypto space, not just the BNB coin, as you may have seen from my previous posts. Binance is the most liquid exchange and CZ Binance did a great job bulding it. Thank you, and happy New Year!
Short
by UnknownUnicorn2537518
98
BNB POTENTIALLY BULLISH AS DEPOSITORS INCREASEBNB flips potentially bullish VS Bitcoin as deposits increase on binance as FUD becomes less effective. There are some huge shorts on BNB right now but if the FUD fails they will have to close, being they are already in profit its seems likely they will have to buy into the order book to close the positions. I have taken a small long on BNB. For more information lookup TMG Trades on a common video website. Strong bullish divergence on the 1hr BNB chart.
Long
by thatmartiniguy
Binance Coin Analyze (12/04/2022)!!! Binance Coin wasn't able to break the resistance zone. I expect Binance Coin will go down to a heavy support zone again, and this zone can be a good chance for buying BNB for your portfolio. Binance Coin Analyze, ( BNBUSDT ), Timeframe 2Days⏰. Do not forget to put Stop loss for your positions (For every position that 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. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
4
BNBUSD - sorry but you won't like itFirst of all, we would like to apologize if you are BNB bull and this trading idea made you shaking or you already have a panic attack. But let's be honest now! BNB pumped like crazy and didn't give it back yet in the current bear market. Is it impossible for BNB to drop to $45 area? Probably no. It would be 93 % drop. In 2019 bear market ETH dumped over 94 %. In the current bear market there's a lot of FUDs around. We already saw FTX collapse, rumors about crypto.com insolvency and many more. It looks that CEXes are in trouble . Perhaps we will see more FUDs regarding Binance and it would be a trigger for BNB price to dump heavily? We believe that if BNB breaks down below 184$ and there are more / new FUDs around, the price may drop to 45$ again. There's literally no support anywhere between. Many won't like this trading idea, but it is what it is. Probably it will take some time to drop so low, but if the bear market for risk on assets were to continue , it will happen sooner or later. From another hand we expect Binance to be a leader amongs crypto exchanges therefore $45 would be a golden opportunity for a long-term investment.
COINBASE:ETHUSDShort
by vf_investment
5
A shallow correction is expected from Binance Coin!BNB had a range trend during the last week. The support provided for Binance Coin in the $282-$275 range has had a positive reaction, and we can expect this range to have the power to reverse the trend in lower times. Therefore, considering a downward trend line on the last pivots and in case of breaking this trend line, we can expect the price to grow up to the targets of 310-315 dollars. We expect a more complete approach to the specified support range for the short term. But in any case, due to the previous upward wave of BNB, which is considered a strong wave, a shallow correction is expected from Binance Coin. In terms of time, the corrective wave is nearing its end, and we can expect the continued growth of BNB price this week. Also, another point that can be a sign of price growth is the presence of a large number of bullish candles among the bearish candles of the corrective wave. Therefore, the ratio of these candles is equal, increasing the probability of buyers entering them.
by MonoCoinSignal
5
BNB (BNB) - December 1Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BNBBTC 1W chart) There are no support and resistance points as it is breaking ATH. Therefore, it is expressed using trend-based Fibonacci expansion. The key question is whether it can rise along a long-term uptrend channel. The section where the rising power is lost is when it falls in the 0.009485-0.011 section. ----------------------------------------- (BNBUSDT 1M Chart) The key question is whether it can rise above 353.3 and break out of the downtrend line. (1W chart) The question is whether it can maintain the price above 284.8, following the uptrend line, moving up to or above the 332.4-353.3 zone. If not, you need to make sure it is supported in the 179.2-233.9 section. If BNB declines to around 179.2, we expect a good buying opportunity. (1D chart) The 297.5-316.1 section forms an important support and resistance zone. Accordingly, the key is whether or not it can be supported in this section. If it rises from the 297.5-316.1 section, it is expected to rise above 332.4. If it falls below 297.5 and becomes resistance, a decline below 253.0 is likely. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
What is needed to continue the upward movement!BNB has received a lot of attention due to the huge increase in transaction volume on the exchange and has registered a 25% growth within a week. The support level, which was considered in the range of $263-269, was fake broken in the last encounter. And with the break of the downtrend line in the 4-hour time frame, the price had strong growth. We can expect more price increases for the short term until the $300 support is maintained. The resistance in the range of $315 can be broken, and the price increase can continue up to the level of $320-330. But to continue the upward movement of Binance Coin, it is necessary to completely break the resistance of 320-330 dollars and stabilize the price above this level. In this case, we expect the price growth to continue the upward movement to the level of $350. If the second resistance is also broken, the price trend in the daily time frame can be bullish. In this case, the potential for medium-term growth and reaching the previous ceilings in the weekly time frame will increase.
by MonoCoinSignal
3
BNB (BNB) - November 21Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BNBBTC 1W chart) As long as it doesn't fall below the 0.013068-0.013926 range, I expect it to retain its upward force. -------------------------------------- (BNBUSDT 1W Chart) While falling significantly, it is falling below the MS-Signal indicator. So, the question is whether the price can be maintained above 243.5. (1D chart) Around 267.2 is an important support and resistance point. Therefore, it is important to be supported and able to ascend around this point. If not, you should check for support around 243.5. At 243.5, the HA-Low line of the 1W chart was formed, so it will be an important point to maintain the uptrend. If it drops to the 179.2-2339 section, you should see if there is a sharp move. This sharp move will be a very important move for price defense. If you invest from a long-term perspective, I think you will have a good opportunity when it falls below the 179.2-2339 section. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
Strong reactive area!During the last week, BNB, like many altcoins in the market, has had a completely range trend. The price of this currency is again at the support level of 264 to 270 dollars, and an almost appropriate reaction was observed yesterday. But note that the overall market trend is bearish, and there is also the potential for another price drop for BNB. If the selling pressure increases and the current support breaks, the support range of $233-240 for this currency can be considered a strong reaction zone. But on the other hand, a break of the current support could send the price into a new bearish wave, which would indicate a reversal zone in the $179-$191 range. Therefore, increasing selling pressure in the market can even lead to the breaking of the previous floor in the weekly time frame. If the candle closes below the 264 support area this week, with a very high probability, the previous floor could be the next target for sellers. For the short term and in the 4-hour time frame, we can see a range trend on the chart. A dynamic resistance has been broken to the upside, and given the positive divergence, we expect a short-term rally to the 283-290 resistance range. A break of the $290 resistance can be considered for a short-term uptrend.
by MonoCoinSignal
1
#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