BNB is long till $366 now, keep your SL tight. market has given enough shakeout yesterday
BNB has been trading sideways for many months and after all the legal problems they have, its time to go LOWER. BNB is in my opinion still OVERVALUED. and also, there has not been any CAPITULATION event on BNB holders. As you can see, volume keeps dropping (bearish sign). very low liqiudity. also, BNB has formed a MASSIVE BEARFLAG. the flag has already broken...
TLDR: • BNB is on the verge of breaking out the range high in a possible Double bottom reversal. • Above the range high is a supply zone between 256 – 266 USD. • I consider this supply zone as another layer of resistance. • Wait for a retest of the range high as support and for green dots on the TTM Squeeze indicator before betting the farm on BNB. ...
BNB is moving in an Ascending Triangle. BNB managed to get above the 21 & 50 EMAs on the 4H. The area between 253 – 267 is strong resistance. Above 267, the risk of a breakdown is much reduced. IF BNB fails to break through resistance the next supports are: 238 USD. 231 USD. 220 USD. In my opinion, BNB’s outlook is positive, and I do not think...
Past Performance of BNB BNB prices might have a strong Q1 2023, adding 55%, but the coin remains under pressure. Trackers reveal that it is down 5% in the last week of trading but relatively steady in the past 24 hours. Even though the uptrend remains, the coin is under immense liquidation pressure from the daily chart. The immediate resistance level is around...
Past Performance of BNB Like the rest of the crypto markets, BNB remains under pressure. The coin is down roughly 11% from February peaks and could trickle even lower in the days ahead. BNB’s slide might continue in the short term unless prices swing above the middle BB. #BNB Technical Analysis There are two levels of resistance limiting BNB bulls’ progress....
Past Performance of BNB BNB prices are stable at spot rates, trading within a tight range in the past few days. Even though the uptrend is valid, there can be concerns in the short term, more so if BNB fails to close above $320. Support lies at around $295. #BNB Technical Analysis Traders are confident that BNB will resume its uptrend. Nonetheless, the...
Past Performance of BNB BNB is down 15 percent from last week. Yesterday's bar was bearish and engulfing with a spike in trading volumes. Since the bar is breaking down below the middle BB, that is, the support, and has high participation lines; it signals that the uptrend is over. Subsequently, traders may search for entries to sell, targeting key support lines...
Past Performance of BNB Like the rest of the markets, BNB bulls are solid and angling for more as the shift turns, buoying buyers. BNB remains within a bullish breakout formation at spot rates above $250. Still, traders should watch out for how prices react at $320. Any breakout with increasing volumes may see the coin soar to November 2022 highs. #BNB...
Past Performance of BNB Overall, BNB prices are in an uptrend, though in a broader consolidation. From the daily chart, traders can look for opportunities to double down, expecting gains in the short term. Trading volumes have been low, impacting momentum and, thus, the rapidity of upsides. On the positive side, buyers stand a chance if BNB holds above $250. ...
Past Performance of BNB BNB prices remain under pressure, down 32 percent from November 2022 highs. In the current formation, sellers remain in charge, and prices, despite traders hoping for the best, the coin is still inside a bear flag, as visible in the daily chart. The immediate support line flashes with the 50 percent Fibonacci retracement level of the June...
Past Performance of Binance Coin BNB is solid at spot rates, printing positive higher highs as per the formation in the daily chart. As it is, buyers have the upper hand and have been soaking in the deluge of selling pressure. Even though the October 5 bar closed as bearish, it had a long lower wick pointing to strength during the NY session. #Binance Coin...
Past Performance of Binance Coin Binance Coin is in green at spot rates, adding four percent against the greenback. BNB gains may be attributed to market-wide gains over the last 24 hours. Despite these welcomed recoveries, sellers have the upper hand. BNB prices may break above critical resistance levels for trend continuation. Currently, the primary support...
Past Performance of BNB BNB, like other crypto assets, wasn't spared. The coin is down five percent in the past trading week but is stable on the last trading day. BNB remains in a bear breakout formation even though bulls are not overstretched compared to other coins. #BNB Technical Analysis The coin is down roughly 16 percent from August 2022 highs and is...
#Past Performance of the Binance Coin BNB is undoubtedly one of the top performers in the recent past. It is currently up 70 percent from 2022 pits despite losses in recent days. The primary trend is upwards, and resistance is around $340. This level coincides with May 2022 highs, a critical liquidation zone that buyers must overcome for a clear-cut trend...
Past Performance of Binance Coin Like the rest of the crypto scene, the BNB coin is relatively stable and bullish in the short term. Considering the formation in the daily chart, traders expect more upsides in the short term as long as prices trend higher, above crucial support levels registered last week. Currently, prices are above the middle BB, and bulls are...
BNB ready to take off buy in this correction In 1 weekly time frame bnb bullish And wait for one more confirmation candle closing above $431 My TP1=$500 TO 517 TP2=$660 TO 700 TP3=$900 TO 1000 BUY IN THIS BULLRUN
bnb bullish cross over in weekly time frame today best time to take long position I m buying more And sell in tp price