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BNBBUSD

BNB Sets ATH as Bulls Refuse to Back Down-BNB Sets ATH of $641 -Bull pennant has fully broken out -Price is struggling at major resistance BInance coin shows this market is still full of bulls. BNB has exploded this market cycle rising over 5000%. The BSC (Binance Smart Chain) has given lots of utility to BNB as it refuses to back down, showing bears fail to take control of the price. Major resistance zone of around $640 is the level to watch as of now. BNB must break and hold this to reach a new ATH and continue its mind blowing bull run. If this level holds, expect prices to rise to first target range of $707 with a second target being $772. Minor support for BNB comes in around $597. If the battle at $640 fails, this is the first area prices can hold. If this minor support fails to hold, we should be prepared for a larger fall to the support range of $526-$550. Around this range lands the 25 MA and also a well respected long term trend line. If BNB cannot hold this area, it will be a much larger fall taking place. The MACD has been consolidating in a sideways motion the last week. At the time of writing, the MACD is printing bullish signals. While viewing the RSI, There is a similar consolidation taking place. To confirm another bullish trend to the target range, the RSI must break the 70 level. BNB intraday levels Spot rate: $620

 Trend: Bullish 

Volatility: High 

Support: $597
 Resistance: $640
by CoinGape
3
Can we face a new bullish momentum!? BNBBUSD 2HTechnical analysis regarding the price of BINANCE COIN in relation of dollar Binance for the next scenarios, based on 2 hour movement. Price is in a brief bearish trend, effecting falling tops/bottoms. However, the 34~89 period Exponential Moving Averages is supporting the price and guiding it and well, I believe you have already found this level of support quite considerable at $196, which has given a very significant rise. Designing my channels using Fibonacci and using the high kick you gave, I can get the levels that the price can reach and also "stop" (note on the red line) 🏄🏼‍♂️ What's your perception !? What is your vision? disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
BLong
by luizhcruz
1
BNB Signals a Rebound May Be Starting-BNB retraces -46% from ATH of $347 -Daily chart confirmed breakout of descending triangle -MACD signals bullish for the first time in 11 Days on the 4hr BNB experienced massive growth throughout February growing nearly 600% in value in a mere 19 days. Since reaching highs of $347, BNB has experienced a healthy correction of nearly -46%. BNB had set a low on the 22nd of February while most of the cryptocurrencies set lows on the drop that occurred today. This can be looked at as an indication Bulls have more confidence in a rebound rather than other top coins in the market that set a lower low today compared to BNB's higher low. While looking at the chart, we can conclude the price created a clear descending triangle the last 9 days. The last 4hr candle close is signaling the downtrend may be broken and price will start revive to higher support zones. There is always possibility of a retest of the top trend line (black). Major support zone comes in around $195. It is evident that the price of BNB did not want to be below the 4 hour 100 MA. If these two levels can hold, this will indicate a bullish upward move. Looking at the MACD, the last 4 hour candle close has sent the histogram green for the first time in 8 days.This can be interpreted as the trend is starting to shift bullish. Confirming the bullish view of the MACD, the MA's have crossed bullish for the first time in 8 days.
BINANCE:BNBUSD
by CoinGape
4
💡Don't miss the great buy opportunity in BNBBUSDTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (137.0800). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BinanceCoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 79. Take Profits: TP1= @ 147.4485 TP2= @ 157.4260 TP3= @ 167.3430 TP4= @ 181.5110 TP5= @ 200.0000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BLong
by ForecastCity_World
17
💡Don't miss the great buy opportunity in BNBBUSDTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (137.0800). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BinanceCoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 79. Take Profits: TP1= @ 147.4485 TP2= @ 157.4260 TP3= @ 167.3430 TP4= @ 181.5110 TP5= @ 200.0000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BLong
by ForecastCity
10