BNB 38% shortAltcoin which drags the market must adjust to Support area with spikes to Wicks area.
Accordingly, we will see similar movements in other assets.
BNBUSDT
Binance Coin can bounce up of support line and exit of triangleHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price a few time ago declined to the 237 resistance level, which coincided with the seller zone and at once rebounded up and continued to rise inside the upward channel. After the price reached the resistance line of the channel, it started to decline and in a short time, BNB declined to the 237 level again, broke it, and made a strong downward impulse to support line of the triangle, thereby exiting from the upward channel and breaking 237 and 213 levels. But after this movement, the price at once bounced up and rose to the resistance line of the triangle, breaking the 213 level again, which coincided with the buyer zone. When BNb reached the resistance line, it soon rolled down to the support level, and even recently tried to back up, but failed and bounced back to the 213 level. Now Binance Coin trades very close to this level and I think that the price can decline to the support line and then start to rise to the resistance line. Also, BNB can exit from the triangle and continue to rise, for this case, I set up my target at the 224 level. Please share this idea with your friends and click Boost 🚀
BNBUSDT - Price can break resistance level and then make retestHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
A few time ago price started to trades inside rising channel, where it fell to $215 level and then continued to rise.
Later price made strong upward impulse to resistance line of pennant, thereby exiting from channel and breaking resistance $225 level.
But then BNB bounced down and declined below this level and some time later declined to support line, breaking $215 level too.
Also recently, price bounced up and tried to rise back, but failed and now trades in support area near resistance line of pennant.
Possibly, Binance Coin can exit of pennant, break resistance level, and make retest, after which it starts to rise to $222 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Further downward pressure possibleBNB is looking to break further down, currently on the LTF it it looking like a bear flag continuation, before the big leg down possibly!
HelenP. I Binance Coin can make correction and then bounce upHi folks today I'm prepared for you Binance Coin analytics. Some time ago price bounced from the 214 support level and started to rise inside an upward channel, in which it reached the 224 resistance level. Then, BNB exited from the channel, and made a strong upward impulse to 235 points, thereby breaking the resistance level, which coincide with the 224 resistance zone. But soon, the price rebounded down back and even declined below this level. Price tried to rise, but failed and continued to fall to 214 support level, which coincided with the support zone. As well later BNB declined below this level, where it some time tarded in the support zone and later rebounded back. At the moment, Binance Coin trades near the support level and I expect that the price can make a small correction to this level and then continue to move up. Therefore I set up my target at 220. If you like my analytics you may support me with your like/comment ❤️
BNB/USDT 4HInterval Review ChartHello everyone, I invite you to review the BNB chart on a four-hour interval. First, we will use the yellow line to mark the uptrend from which the price went down, then we have a visible downtrend, from which we observe the sideways exit and currently we can mark the local channel of the sideways trend with the blue lines.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and here we can see that the price is at the upper border of the support zone from $215 to $210, however, when we fall below this zone, we still have support at $203, and then we can see a strong drop to the support area at $184.
Looking the other way, we can also mark the places where the price should meet resistance. And here, a slight price movement will enter the resistance zone from $216 to $220, then we have the second zone from $223 to $225, then resistance at $229, and then resistance at $234.
The CHOP index indicates that there is a lot of energy to be used in the upcoming move, on the RSI we are in the middle of the range, which makes it difficult to determine the direction, but the STOCH indicator indicates a rebound, which may push the price towards the resistance zone.
BNB price will collapse back to the $50 level in...Binance is on the verge of a complete and utter collapse. Much like the Luna collapse and the demise of FTX, Binance will be following in the footsteps of the aforementioned crypto scams. BinanceUSD will go to near ZERO as well. I firmly believe that Binance will go down as the biggest fraud in crypto for decades.
Avoid it like the plague!
I will be shorting this worthless ponzi scheme into the ground!
#BNB/USDT IDEABNB currently in a strong support zone, the RSI is crossing over MA14
#US DOLLAR ANALYSIS
The US dollar got rejected from the horizontal resistance and is currently retesting above the descending triangle and the MA 200. MACD crossover is turning bearish and RSI is moving toward the oversold region.
A failed retest and breakdown of the MA 200 would be the bearish confirmation, while a solid breakout of the horizontal resistance would be the bullish confirmation. We've to note that it usually works inversely proportional to the market.
Im looking for a strong pump
Entry: 215.66 - 216.32
SL: 213.5
TP1: 228.06
TP2: 240.88
TP3: 260
Not a financial advice, please manage your leverage and risk
Thanks
BNB Chart Review 4H IntervalI invite you to review the BNB chart on a four-hour interval. As we can see, the price has broken the downtrend line and is now struggling to stay above it, while currently we will use the blue lines to mark the uptrend channel in which the price is approaching the lower limit.
After unfolding the Fib Retracement grid, we can mark the support zone from $219 to $215, when this zone is broken, there is support at $210, and then we have support at $203.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is now back below the resistance at $225, then we have resistance at the golden fibon point at $230, from which the price rebounded, only when it breaks up we will move towards the resistance at $238.
The CHOP index indicates that the energy has been consumed in the last increase and during the current recovery there is an accumulation, on the RSI we have a visible recovery after overheating but there is still room for the price to go lower, the same is indicated by the STOCH indicator which shows the place for us to fall to the support zone.
it's time to going up for BNBUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want closed the position but our target is the third one)
be rich...
and
doing and living in the best quality *-*
(Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management)
*************************************************
if you want to enter in this position:
Enter Price: 242.3
Target1: 261.9
Target2: 280.8
Target3(Final Target): 326
Stop loss: 219.2
BNBUSDT - Price can break support line and continue fall to $210Hi guys, this is my overview for Binance Coin, feel free to check it and write your feedback in comments👊
A few moments ago price declined to $220 resistance level, which coincided with resistance area.
Also, BNB entered to falling channel, where it broke $220 level and declined to support line of channel.
Next, price tried to rise, but after it reached resistance line of channel, BNB bounced down to support line.
Then price started to rise and in a short time, it rose to $220 resistance level, thereby exiting from falling channel.
But then, Binance Coin bounced from resistance level and fell to support line, where it continues to trade very close.
In my mind, BNB can rise to resistance level and then bounce down to $210 level, breaking support line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BNB 2days/candle Binance Ponzi 50% correction🔸Hello traders, let's review the daily price chart for BNB today. Prior strong downtrend
conditions then compression into rising wedge in downtrend signals further losses.
🔸BNB CZ took down FTX previously, however as a domino effect now Binance is
under heavy scrutiny by global regulators and SEC in US. Things are not looking good
for Binance and the Ponzi BNB token, previously artificially inflated by CZ/Binance
manipulations is under heavy sell side pressure. expecting 50% correction.
🔸Recommended strategy for BNB/Binance bears: Short the Ponzi token at market,
after breakdown of rising wedge we are hanging by a thread near 200/220 USD, once
this final S/R is broken, free fall mode until 130/140 USD, expecting a waterfall dump
and deflation of the artificially propped ponzi BNB. final TP bears is 130/140 USD.
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Always limit your leverage and use tight stop loss.
HelenP. I Binance Coin can break support level and fall to $205Hi folks today I'm prepared for you Binance Coin analytics. Some days ago price bounced from 232 point and made a strong impulse up to the trend line, thereby breaking the 245 resistance level, which coincides with the resistance zone. But then it started to decline and in a short time fell below the 245 resistance level, where it some time traded and even later broke the trend line and entered to resistance zone. A short time later BNB rebounded from the resistance zone and made a strong downward impulse to the 215 support level, which coincided with the support zone. But soon Binance Coin broke the 215 support level and fell to the trend line, where it some time traded and then rebounded higher of the 215 level. Now price continues to trade near this level and I expect that BNB can rise a little more and then start to fall to the support level. Binance Coin can break this level and then continue to decline. Therefore I set up my target at the 205 level. If you like my analytics you may support me with your like/comment ❤️
After exiting from pennant, Binance Coin can continue to growHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price a few days ago traded inside a big range, in which it some time declined to the 238 resistance level, which coincided with the resistance area, but at once rebounded to the top part of the range. After this BNB bounced and started to decline to the resistance level again, but this time price broke the 238 level and made a strong downward impulse below the 215 support level, thereby exiting from the range too. Then Binance Coin rolled up and tried to rise, but failed and declined lower to support line of pennant. Later, the price rebounded from the support line and rose to the resistance line, thereby breaking the support level, which coincide with the buyer zone. As well recently BNB exited from pennant and now trades near. Probably Binance Coin can decline to the support level, and then it can rebound from this level and continue to move up. For this reason, I set up my target at the 225 level. Please share this idea with your friends and click Boost 🚀
BNB Binance Coin (Long Term)Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Today I want to talk about BNBUSD
Before that, I want to remember It's not financial advice.
I'm just sharing my view and opinion of the chart. Please do your own research.
As seen on the chart The price is in the Support zone and I expect the price to react to this support again. But if the price loses this support zone everything will be difficult and the situation will be changed.
This causes a drop in the market, which, as you know, can lead to a FUD in the market. so I expect we lose the first support zone at around 185 USD and move to 60-70 USD and if the second support zone one cannot support correctly the last support is almost 30 USD It's a fabulous zone to buy and Hold BNB for a long time.
We will never see this price anymore. In other words, I have to say BNB has a very high target in a bull market. Buy BNB and Enjoy
Please like, follow, share, and comment if you enjoy this Idea, Also share your ideas and charts in the comments.
Wish you health and wealth.
I hope you will fulfill your ambitions.
Sincerely Yours
BNB/USDT 1H Interval ReviewHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price has moved sideways from the local uptrend line.
After unfolding the trend based fib extension grid, we see that the price is in the support zone from $216 to $213, then there is support at $211, third support at $209, and then support at $205.
Looking the other way, we see that first there is a resistance zone from $217 to $220, then resistance at $222, then resistance at $224, then resistance at $228.
Looking at the CHOP indicator, we see that there is a lot of energy for the upcoming move, we have a rebound on the RSI and although there is room for further decline, when we look at the STOCH indicator, we can see that the energy in the downward move has been used, which may give the price a rebound.
BNB is the best asset now!Hello, everyone!
While most of influencers are talking about some FUD which can happen with the Binance, we don't believe in that because Elliott waves are superior and it told us that BINANCE:BNBUSDT is an extremely strong asset which has likely reached it's bottom.
Let's take a look at the BNBUSDT price chart. We consider the beautiful 5 waves impulse to the downside. Wave 3 bottom can be defined as the minimum value at the awesome oscillator. After that the wave 4 has been represented as a flat correction and final leg down looks like the wave 5. We suppose that wave 5 has been already finished because we have the bullish reversal bar at the very bottom. This bar has the great angle with the alligator.
Moreover, momentum at the AO has been reversed and it formed the bullish divergence with the BNB price. We don't know if price has finished the global bear market or not at this point, but bounce at least to Fibonacci retracement at $280 is anticipated anyway. There we will decide what is coming next.
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BNB ROAD MAP (1D)Recently, many margins have been created for Binance and there are many concerns that this coin will experience the fall of freedom.
But the chart is really behaving correctly and logically, and we think it is unlikely that what happened to luna or ftx will happen to Binance as well.
Considering the temporal behavior and the number of correction branches we observed, we realized that there is a high possibility that we are in a diametric correction structure.
I marked the beginning of correction in the chart. From where I have marked the red arrow, this coin has entered its large and complex corrective pattern Now what is clear is that if the identified pattern is correct, we should be inside wave E of this diametric.
The green area is a low-risk area for buying, especially for those who are holders.
I believe that those who are even holders should have a specific stop loss.
I specified the invalidation level. If a daily candle closes below this level, this analysis will be violated.
Our first target will be the upper red area.
You should be careful that the time frame of this analysis is daily and time-consuming.
BNB(based on NEo wave)The second way that I think is this triangle and it is easier for trade and investing so use your strategy , but I think ETH is better for investing.
BNB(based on NEo wave)I think this complicated correction has 2 ways to show itself, first is bow tie correction and the second is triangle but actually I prefer ETH for holding.
One more drop to 185First, we look at BNB/BTC on weekly chart
BINANCE:BNBBTC has the support around 0.006881
- MACD divergence
- Weaken Selling Pressure shows on Volume
So I expect price will bounce back when hit the support
Second, we look at BNB/USDT on daily chart
After, BINANCE:BNBUSDT has broken down the support and dropped to 203.4
Now, it's pulling back to the resistance 235
I expect Binance Coin will down more to 185 if it's failed at resistance zone
Wait and see next move
BNB 4H Interval ReviewHello everyone, welcome to a review of the BNB chart on a four-hour time frame. Let's start with the blue lines marking the uptrend channel from which the price exited at the bottom, and the price drop after leaving the channel was as much as the height of the presented channel. Locally, we can mark with a yellow line, the downtrend line under which the price is moving.
Let's start by marking the support spots for the price and we see that we first have support at $205, but if the price goes lower, we have another support at $196, then at $189, and another support at $183.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is currently fighting resistance at $219. Next is resistance at $224, third resistance at $228, then price needs to break through the strong resistance zone from $236 to $244.
The CHOP index indicates that the collected energy is used to increase the price, on the RSI we have a visible increase, although there is room for the price to go higher, it is worth paying attention to the STOCH indicator which indicates that the energy is running out, which may bring a rebound after this increase.
