Binance Coin Analyze(10/05/2022)!!!Binance Coin didn't succeed in breaking the resistance zone for 3rd time (Fake break).
I expect Binance Coin will go down at least to the support line.
Binance Coin Analyze, (BNBUSDT), Timeframe 4H⏰.
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BNBBTC
BNB Binance - Explosive move soon!
BNB proved to be the strongest high-cap altcoin, and that's why I expect an explosive move if the bulls break the major trendline!
The stock market is crashing pretty strongly, but the crypto market is extremely durable, which is awesome, isn't it?
You probably don't want to buy BNB right now, because we are very close to strong resistance and there is a chance to go lower. First we need to make a new high above 300 USDT.
The chart is printing a descending broadening wedge, a bullish pattern on the daily chart, so it's best to wait for a breakout.
The next major resistance is at the previous all-time high, which is around 692 USDT, but I believe we will go higher in the future.
According to my Elliott Wave analysis, we have started the new uptrend with a pretty strong impulse wave, which is a great sign of strength. A major ABC correction has been completed successfully as well.
The BNBBTC pair is at the new all-time high already, as I informed you in my previous analysis. Also, the BNBETH pair is very bullish.
I expect tremendous gains for selected altcoins (BEL, QNT, INJ, SUSHI). You can find them in the related section down below.
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BNB Cryptocurrency Behavior 2023👌👌In the analysis I did, I explained the trend of Binance Coin to my friends. In the coming years, the trend of the cryptocurrency has been like this, so if you are watching other analyzes and you are scared, know that it is a new game for the crypto market, be careful.
The negative pages that talk about crypto belong to the institutions and companies themselves.
BNB BEARISH PRICE ACTIONI think, that we will see some bearish downmove from BNB. On the USDT chart we have backtested the Golden POCKET, and one more time the Golden's Golden Pocket+ the chart is forming a RIsing Wedge . My stop loss above the last 4H High. My target is the next 12H OB, what is already in confluence with the HTF Golden Pocket+a fresh untested Daily s/r Level.
+ The full reason of my bearishness, is the BNB/BTC chart, what actually is backtesting the 12H Breaker, and moved up to the Golden Pocket, wherefrom i think will fall to the downside.
Binance Coin - local trend break and weak resumption.At the moment, the chart shows the lack of demand after the breakdown of the trend line.
Possible test of the buyer.
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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.
BNB (BNB) - October 3Hello?
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(BNBUSDT 1W Chart)
Whether it can move higher than 332.4 is the key.
(1D chart)
Resistance: 332.4-353.3
If it finds support in the 278.0-286.7 zone, it is expected to move higher than 316.1.
If it falls below 267.2, I expect it to fall below 243.5.
If it falls to the 179.2-233.9 range or less, we expect a good opportunity.
So, if you want to make a mid- to long-term investment, you are expected to get an opportunity to buy.
Even if you proceed with the purchase, you should always have about 20% of your total cash in hand.
The basic thing to follow in trading is to buy in installments when the price shows support as the price declines and sell in installments when the price shows resistance when the price rises.
Occasionally, there is a way to buy when an important point or section breaks upwards.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Binance Coin (BNB) - will the buyer bring the case to its logica A coin that wants to appear stronger than the market. On the daily timeframe we see a reversal formation. No offer, zero point spring with a test and subsequent transition into a trend movement. It looks interesting, observe.
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 make yourself and your loved ones happy.
#BNB/USDT 1DAY UPDATE!!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Binance Coin (BNB) 1DAY UPDATE:-
Binance Coin has lost the uptrend established in March 2020. This may spell trouble in the future as its price could enter a significant correction. For now, the cryptocurrency is consolidating in a descending triangle, represented in blue on the chart. For this reason, BNB only increased by 1% compared to seven days of acritical
The key support is found at $261, and the resistance at $300. This descending triangle will likely be resolved by mid,-October at which point we will know where Binance Coin is headed next. Should the price fall below the triangle, then bears will likely dominate the price action and aim for $200.
Despite this bearish outlook, the fundamentals for BNB remain strong, and any significant decrease in price could be followed by a speedy recovery. This is contingent on the overall crypto market recovering since that will bring back demand for BNB on the largest crypto, exchange which is behind this coin.
Sorry for my English it is not my native language.
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BNB (BNB) - September 22Hello?
Welcome, traders.
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Have a good day.
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(BNBUSDT 1D Chart)
The key is whether it can find support near 267.2 and move higher than 278.0.
Otherwise, it is expected to fall below 243.5.
In order to turn into an uptrend, it must rise above the HA-Low indicator.
Therefore, it should rise above 278.0.
From a mid- to long-term perspective, 179.2-233.9 is the boundary between an uptrend and a downtrend.
Therefore, if it falls below the 179.2-233.9 range, it is expected that you will have a good chance.
However, it is important not to run out of cash in order to continue trading.
No matter how good the opportunity may be, if you have used all your cash to buy it, you may end up closing the trade without being able to withstand the volatility, so managing your money is important.
If you manage your money well, you can reduce the psychological anxiety caused by volatility, which will give you a significant advantage in continuing your trade.
The important thing in trading in the coin market or stock market is 1. Selecting the investment period, 2. Determining the size of the investment, 3. Making and executing the trading method and the method of realizing profits well.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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BNB want to test major support BNB / USDT
failure to breakout the massive descending broadening wedge by strong rejection
Looks like it will test major support between 235$ - 200$ soon
Bnb will turn bullish only after breakout that wedge
Best of wishes
BNB (BNB) - September 7Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BNBUSDT 1W Chart)
The key is whether you can get out of the downtrend channel.
To do that, we need to see if we can support and move up around 243.5.
(1D chart)
1st resistance: 332.4-353.3
2nd resistance: 427.2-458.1
1st support: 267.2
2nd support: 243.5
The key is whether you can break out of the downtrend line.
To do so, it must be supported near 267.2 or support near 243.5 and rise.
If it falls below the range of 179.2-233.9, it is possible to enter the mid- to long-term investment area, so you need to be careful.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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