BNBBUSD
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.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Binance Coin BNB - Going Bull - Last CrashBinance Coin doesn't seem to show the same Bearish patterns as the rest of the Cryptocurrencies.
It appears that it's one step behind on the Bearish Stance.
But can start flying now? YES!
It met all the necessary requirements.
However, if another last bear leg comes, it might as well catch up and reach the Demand Zone in a fast manner.
I'm saying that because when this "thing" drops, it does massive candles.
So, I'm taking my time with BNB .
An awesome level would be $80 , a dream come true for every HODLer out there.
Let me tell you why!
Binance Coin ( BNB , BNBUSD , BNBUSDT , BNBBUSD ) Technical Analysis:
* Elliott Wave Impulse: SuperCycle (a) (turquoise)
* A-B-C Zig-Zag Correction: Cycle Degree (a-b-c (red))
* 88.6% Fibonacci Retracement
* Harmonic Pattern: Bullish Bat
* Bullish Divergence
If that last bear comes, I will add some more to my portfolio.
Moon was just a dream, Mars is a desire.
The real destination: Interstellar.
Stay strong my fellow HODLer.
Richard, the Wave Jedi.
BNB - More downside coming! It is evident that a triangle pattern has formed in the price chart, and recent price action indicates that the upper trendline has acted as a strong resistance level. Based on this observation, the price is expected to move towards the lower boundary of the triangle if it continues to trade within this pattern. However, if the price breaks below the triangle, support zone 1 and support zone 2 are likely to be the first and second targets, respectively. Also, the fair value gap is acting as a magnet, and the price is expected to close the gap soon!
It is worth noting that if BTC experiences a downward trend from its current level, BNB is also likely to continue its trajectory to the downside. This possibility is further reinforced by the expectation of a downward move in BTC, which will inevitably affect the price of BNB.
BINANCE BIDOWNJust simple! BNB graphic is clearly rare.. there is a "mysterious force" that before brings BNB prices up from the bottom.
Time for BNB to look below. This area has made BNB grow big. So don't forget them, look a lot of them who want to join BNB, unfortunately they are waiting in the underground area. Maybe this feels impossible. But we'll see what kind of news there is when BNB is in the 420-500 area.
Maybe a lot of people are laughing, But I suggest you to keep this record.
Binance coin (BNB) formed a bullish Gartley for upto 16.50% moveHi friends, hope you are well and welcome to the new trade setup of Binance coin (BNB) with US Dollar pair.
Previously we caught a very trade of BNB:
Now on a daily time frame, BNB has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BNB Bull Flag FormationWe're on the last leg down of the (E) wave. BNB is the coin of choice especially during bear markets and start of bull markets. More trading, more BNB staked to lower fees, more BNB bought. And it shows! I expect BNB to kiss the $300 level goodbye soon.
Well we're movin' on up
(Movin' on up)
To the east side
(Come on, movin' on up)
To a deluxe apartment in the sky
Movin' on up
(Movin' on up)
To the east side
(Come on, movin' on up)
We finally got a piece
Of the pie
Cheers!
Not Financial Advice. I'm just a monkey with a tradingview subscription.
BNB Head and Shoulders*logarithmic scale*
Binance Coin broke the uptrendline, formed Head and Shoulders 🤷 pattern and price just broke the Neckline recently. I think there is chance for drop to 166 (logarithmic scale target) and even to 116 (regular scale target - see below).
Setting SELL LIMIT order to neckline level to catch🎣 the potential pullback.
ENTRY : neckline @ 255
STOPLOSS (SL) : Right Shoulder @ 317.8
TARGET (TP) : H&S target projection @ 166 (logarithmic scale) | H&S target projection @ 116 (regular scale)
REWARD RISK RATIO (RRR) : 1.44 | 2.24
INVALIDATION : when SL level hit
BNB testing the weekly 200 average📈 On the weekly chart the price is testing the exponential 200 average
🚨In case the scenario continues to be bad, the price could retest the bottom in the blue 🟦 region, going at $ 183, in a 27% drop.
🚨🚨 In an even worse scenario, it could test further down the 🟩61.8% retracement (between $150, $117) and 🟨50% retracement (between $100 and $67).
📈Looking at the daily chart, if the price breaks the orange 🟧rectangle that goes from $250 to $260, we could have a return to the average of 200, at the price of $300:
📰🤥News, FUD, and my reflections
Amidst FUDs that the exchange is not able to honor customer withdrawals, and about the disappearance of the audit firm, the token was one of the ones that dropped the most against tokens from centralized exchanges:
💸 Because of this, there was a record of withdrawals, and this moment is proving to be a great stress test:
📈However, as I analyzed above in the chart, everything is still normal, and even if the price drops further, it would be a perfectly normal correction.
Also, exchanges earn from transaction fees, not the price of tokens.
💬 The narrative of the traditional market and the mainstream media is that 'It is necessary for exchanges to prove that they are capable of honoring cryptocurrency withdrawals'.
🤔 So I ask them the question:
❓Are banks able to honor cash withdrawals?
👨👨👧👧Population: Take a test and withdraw all the money. Now.
🚔See if a war tank appears to protect the bank...
🤡 The difference between Credit Suisse and Binance is that Credit Suisse can break because the government protects it.
I think this is all one big narrative to manipulate the price.
Or an ideal pretext for creating regulation, and for banks to have a monopoly on controlling money.
BNB AT $40 ? - HOPE NOTWhat a market, what a awful feeling we are all have been experiencing in this time of year. 2022 has been as terrible as 2018. if you survive, then you would ba able to stand up again.
Regarding BNB, I did believe in this coin but things has changed recently. I think if BNB lose $210, then we go down to $40.
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.
BNBBUSDRSI oscilator seems deeply oversold, so, if btc doesnt dragg it further down we can try to pull off a scalp TP1= 285 TP2=287.9 , only for educartional pourposes only, good luck fellas