Bnbshort
Is BNB Heading for a Downtrend? ☔️The sun will continue to shine over the global crypto market 🌞 , overall signaling a slightly bullish market with upside potential in the next 24 hours. Binance and XRP ☔️ buck this positive trend, with a downtrend likely.
Over a one-week horizon, the forecast is mixed with the positive trend continuing for Bitcoin. Other altcoins, such as Ether, Dogecoin, XRP, and Litecoin, may face cloudy days ☁️, indicating a bear market with a slight downward trend. 📉
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BNBUSDT AnalystHello everyone !! I want share my idea about BNBUSDT.
On that active we have pretty bearish trend which almost showing us little LOW HIGHES then it going again down, in my last overview, I had positive hopes about BNB because we were close to 1W support and trendline, but it broke with 2 big impulsive bearish candle, i wanted see other picture but reality it is now. I will link our last price prediction of BNB.
On that chart there is not lot of what we can say, BNB broke high support area (255-245) and its going down, to next support which is at 190-180. Partly its good 190$ is the best price for buy that active which has really big future.
I Hope big investor interested price will be 190$ for massive bull run. we will see that, only what we need to do now follow trend and be patient.
BE PATIENT!!! TRADE LESS!!!
BNB Possible Fall to deep Amid SEC-Binance NewsAs Binance Coin (BNB/USD) is currently testing a significant weekly support, market participants should keep a close watch on the coming price action. Given the recent developments between the Securities and Exchange Commission (SEC) and Binance, we could observe heightened selling pressure in the near term that might induce a downside break of this critical support.
Binance, the issuing entity of BNB, has been under intense scrutiny by the SEC. The commission's increased attention on the crypto exchange's operations, particularly in areas of regulatory compliance, could create an atmosphere of uncertainty and risk among investors. These external pressures could potentially add to selling pressure on BNB.
At present, the BNB/USD pair is testing a crucial weekly support level. If the pair fails to sustain above this support, a steep sell-off could be triggered that might drive the prices down to the next support-resistance (SR) area around $50. This level has previously served as both support and resistance and is a likely target should the current support fail.
Traders should monitor the situation closely and look for confirmatory signals of a breakdown. A weekly close below the current support, accompanied by increased trading volumes, could offer a stronger indication of a potential decline towards the $50 mark.
However, traders should also consider that market dynamics can change rapidly, especially in the crypto space. While the recent news involving Binance and the SEC seems bearish, any positive developments in this regard could quickly reverse market sentiment and impact BNB prices.
Always remember, trading involves risk. It's important to conduct thorough research and consider various scenarios before making trading decisions. Consider this analysis as part of a diversified strategy.
Note : This idea does not constitute financial advice. Always do your own research before making any investment decisions.
Right back Where it Started From !! #BNBSEC suing exchanges right & left . SEC sued binance & Ceo of binance for operating illegal business in US ! Price of BNB Dropped 16% following on this news !!
Technically if we see #BNBUSDT chart its forming #BearFlag on Weekly time frame and now the price of BNB is at $260 and its breaking the trendline of the channel ! if weekly closed below the channel we can see a Sell off to $214 . $214 level of BNB is the most imp level to be hold ! if BNB failed to hold $214 There is higher probability that BNB will dump below $40 following the Bear Flag !!
Remember BNB haven't retested its Pre Pump levels ( 37$ ) while rest of altcoins are down 90% from the highs !!
@Crypt001337
BNB, BTC, DOGE 🌥️🐻⬇️; XRP, ETH 🌴🌞? Clouds with a hint of sun lie ahead for the global crypto market, including Bitcoin, Binance, and Dogecoin, in the next 24 hours. This signals a slightly bearish market with downside risk following the latest regulatory crackdown.
🌴 The mood is, however, tropical – very bullish with some upside potential – for Ether and XRP today. Over a one-week horizon, a slightly bullish market with upside potential is expected for both Bitcoin and Ethereum. 🚀
Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
BNB/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, 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:-BNB, or Binance coin, was also in the green to start the week, with prices moving to a multi-week high in the process.
Following a bottom at 307.53 on Sunday, BNB/USD rose to an intraday peak of 316.83 earlier today.
This surge saw BNB hit its highest level since May 9, when the token was trading above 320.00.
BNB is now trading 2% higher than at the same point last week, with today’s rally sending the RSI to its strongest reading since May 1.
In addition to this, the 10-day (red) moving average (MA) is also moving towards an upwards crossover with the 25-day (blue) MA.
Should this cross take place, there is a good chance that BNB will move towards a long-term ceiling at the 340.00 mark.
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
Binance Coin just about hangs on to $305- but this could changeWeekend could see reduced volatility and Monday could set the direction for the coming week. With that in mind, the market structure of BNB is bearish
H12 bullish order block at $300-$310 saw a strong reaction in early April, but each retest had a weaker bounce. When this zone is eventually shifted to a bearish breaker, a retest can offer a shorting opportunity.
Entry: $309 (after a session close below $300)
Take-profit: $289.9 (23.6% extension level)
Stop-loss: $317.8 (resistance, and a move above will break structure to bullish)
R:R- 2.28
Short BNB to 276 $The chart is simple. In the case of a bearish market and Bitcoin moving towards $25,000 and below, the first support of Binance Coin is at the bottom of the daily ascending channel. You can open a sell transaction for Binance Coin with capital management if the $27,000 Bitcoin support is lost.
$BNB very quick shortThis is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
BNB/USDT 3DAY UPDATE BY CRYPTO SANDERS !!Hello and welcome to this BNB /USDT chart update by Crypto Sanders.
I have tried to bring the best possible result in this chart.
Chart Analysis:- BNB is holding above the horizontal and ascending trendline support. RSI is in the oversold region and also in the formation of making hidden bullish divergence. A bounce from the marked support is anticipated soon.
This is not a piece of financial advice.
Hit the like button if you like it and share your chart in the comment section.
Thank you
$BNB BEARISH FRACTAL (BNB/BTC)I think arbitrum, optimism, etc. will take a lot of BNB's dominance in terms of total crypto market capitalization. Also, with fud around BUSD and regulators seemingly targeting CZ / Binance, I expect Binance to underperform, though I think eventually when it is at a fairer value it may have another run. Coinbase also launching their own chain which means BSC/Binance has a lot more competition going forward. DeFi platforms like GMX also becoming much more mainstream which is yet another reason to be bearish imo.
BNB/USDT 1DAY UPDATE BY CRYPTO SANDERS !!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 Hello friends BNB/USDT forming an inverse head and shoulders pattern and the good news 200 moving average and 50 moving average crossover to the golden crossover
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
BNB/USDT Technical Analysis On Daily 🎅Hi 🌟
As you can see, the trend of Binance Coin (BNB) is downward in the daily time frame. If you look at the left side of the chart, you will notice that a bottom has formed below its previous bottom, this is called a change of character (CHOCH).
Tip: To be more successful in trading, first find the movement trend of the cryptocurrency in the above time frame, then try to trade in the direction of the trend. This will increase your winning percentage. The reason is that, for example, in the downward trend, the number of long-term, swing and even short-term traders who have opened sell positions (SELL) is more than traders who have entered buy positions (BUY).
Also, on the left side of the chart, you can see a double top pattern, the double top pattern or two peaks is a reversal pattern, this pattern appears at the end of the trend in the chart and reverses the direction of the chart.
The golden point that exists is that always above the double top pattern or the bottom of the double bottom pattern, there is a lot of liquidity, the traders' stop loss and their limit orders. So the whales move the price to where there is more liquidity to fill their orders.
I tried to explain the general nature of the financial markets in a very simple and fluent way, after the double top pattern of the whales to collect liquidity and activate the loss limits of retail traders, they brought the price up to the resistance area of $398 (Liquidity) and then the price fell sharply. . As this happened after the formation of two valleys or double bottom and the price has been pumped.
Therefore, if you look at the left side of the chart, a double bottom pattern has been formed, which is expected to react to the yellow circle (Liquidity) in the range of $200 to $185 (Demand zone) and pump price again. to be
Arztoday Team 💙
Analyzer ✍: AR.Rashidi
We can set 3 possition For BNB Nowas the area we can set 3 different Position For BNB
if BNB stabled in Support Line (white Line) we can have a Long Position
But If BNB breaks the support Line, we Can Enter a Short position on the pullbacks as shown in the chart.
when the Shot Position Completed, we can set a Long Position open that area.
you should know this is not an investment suggestion and all risks is on your Own.