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BNBUSDT

Bnb Have to face more pain Bnbusdt In this trading idea, we will be analyzing the current price action of Binance Coin (BNB) on the daily timeframe. The chart suggests that BNB is experiencing a bearish channel, indicating a downward trend in the market. As you may recall, if you have been following my previous predictions, we successfully forecasted the downfall of BNB when its price was at $302. Since then, the price has declined significantly and currently stands at $239, resulting in substantial profit potential for those who acted on our earlier analysis. Looking ahead, I remain cautious about BNB's prospects and expect the price to face further downward pressure in the upcoming days. However, it's essential to emphasize that trading and investing involve inherent risks, and markets are subject to volatility. Therefore, I encourage you to conduct your thorough research and consider your risk tolerance before making any trading decisions. Keep a close eye on the bearish channel formation and other critical indicators to validate your trading strategies. The market can be unpredictable, so it's crucial to stay vigilant and be prepared to adapt to changing conditions. Remember, this is not financial advice, but rather an idea based on the current chart patterns and technical analysis. Always exercise prudence and make informed decisions in the market. Happy trading and good luck!
Short
by Crypto-By-Ghazi
Binance Coin can grow to resistance line and try to break itHello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that price bounced from the resistance level, which is located in the seller zone, and fell firstly to the support level, but soon Binance Coin declined lower to the buyer zone. A few time later price declined more to the support line, but at once rolled up and rose to the resistance level, where it at once too bounced back to the support line. After these movements, BNB made a strong upward impulse higher of the seller zone to the resistance line, thereby forming an upward pennant pattern. Then the price fell to the support line, which coincide with the support level, and a not long time ago bounced up and rose to the resistance line. At the moment Binance Coin trades near the support line and probably it can decline to the support line, and then bounce up to the resistance line. Also, I think, the price can break this line and make a retest, after which BNB can continue to move up, Therefore I set up my target at the 250 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
5
Hello everyone, I invite you to review the BNB/USDT 4H ChartHello everyone, I invite you to review the BNB chart against USDT, also on a four-hour timeframe. First of all, using the blue lines, we can mark the uptrend channel in which the price is currently moving in the lower part, it is also worth marking the local downtrend line with the yellow line. Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark support, and first we will mark a strong support zone in which the BNB price is currently located, but when it falls below this zone, the next support is at $ 233. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first strong resistance at the price of $ 249, and then it is worth marking a very strong resistance zone from $ 257 to $ 262, only when the price breaks out of it and then positively tests, we will see further increases. The CHOP index indicates that the energy has been used. The MACD indicator maintains an ongoing downtrend. On the other hand, on the RSI we have a strong rebound to the lower part of the range, which creates room for a future price increase, but it is worth being careful because there is room for the price to go a little lower.
by cryptodailyuk
BNB - Head and Shoulders on the 4H TF* BNB is still stuck in a range between 220 – 250 USDT. * Currently, it looks as if BNB is forming a Head and Shoulders pattern on the 4H TF. The neckline is at the 242 USDT Level. * The target for the Head and shoulders is 225 USDT. However, there is a daily demand zone between 231 – 236. I think it is possible for this demand zone to hold BNB’s price from further deterioration. * If you are inclined to short BNB, wait for a retest of the neckline as resistance. NFA. What do you think? Please share in the comments. Best Wishes.
BINANCE:BNBUSD.PShort
by NewThoughtCrypto
BNB 4HInterval ReviewHello everyone, let's look at the BNB to USDT chart on a four-hour time frame. As you can see, the price has moved above the downtrend line. After unfolding the Fib Retracement tool, we see that the first support is at $247.82, then we have a strong support zone from $245 to $243, and then support at $240.97. Looking the other way, it is worth first marking the resistance zone from $ 253 to $ 256, and then the support at $ 261.37. The CHOP index indicates that there is energy for a further move, the MACD remains in a downtrend, and the RSI has a sideways move around the middle of the range, which may result in a slight upward move in price.
by cryptodailyuk
SasanSeifi 💁‍♂️BNB /USDT👉4H Hey there,✌ ◼In the 4-hour timeframe, the price is currently trading around the $246 range. The scenario we can consider in the 4-hour timeframe is as follows: If the support zone at $242/ $240 is held, we may witness price growth toward the resistance levels at $248 and $250. 💹 🔹To better understand the continuation of the price movement, we need to observe how the price reacts to the resistance levels. If there is buying demand, there is a notable possibility of further price growth in the medium term towards the levels of $253 and $258, and it is possible to see a higher high above the $250 price range. However, if the price breaks below the $242 support level, we can consider corrective targets at , $237, and $233.💹 ◼ It is important for the positive trend to continue that the price consolidates above the $250 resistance level.❗ ❎ (DYOR)...⚠️⚜️ 🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach. 🔶Wishing you successful trading and profitable opportunities! If you have any further questions or require additional assistance, feel free to ask.✌ 🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
by SasanSeifi
BNBUSDT - Price can bounce of resistance level and start to fallHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 After price bounced from resistance line of triangle, it fell below support area to support line, thereby breaking $255.0 level. Then price made upward impulse to resistance level and when price reached it, BNB bounced down to support level. Also, price exited from triangle and later started to rise inside rising channel, where recently it made a fake breakout. And now BNB trades near resistance level and I think price can grow to this level. As well then Binance Coin can start to decline to $240.0 level in rising channel. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
3
Binance is Worldcom?, Binance Exchange Looking Strange. As of today Binance holds 554,634 Bitcoin | 9.2 Billion in Stable coins I really never liked Binance the entire theme of "helping lower gdp countries by expanding operations to uneducated financial employees that would have no thought of what they're doing is fraud" seems to me to be only a mirage of operating in unregulated financial markets. You can confirm this as the moment Binance steps foot into a regulated leading gdp country they get investigated and shortly after invited to the SEC and legal operation after legal operation. Their BNB token similar to FTX seems to show no strength at all pointing to be artificially held up, how much of this could be user funds? that Merkle tree strategy that was proven in effective as you're unable to know if multiple accounts are tied to the same balance, you can sense something off here. 1. Executives leave Binance 2. CEO's stepped down 3. CZ refusing to legally register his business and not addressing seed funding from his Chinese business origins and origin team, I was here I remember Binance and the Chinese white papers back during the ICO. Some exchanges have registered and pass the SEC regulations to operate experimenting with "cryptos" but Binance is not one of them. So if you take away the "cryptos" and that leaves Bitcoin as the only legitimate source of income, there is zero chance they can survive spot Bitcoin ETF's + regulated banking apps that will offer Bitcoin services. I see two pathways only 1.Binance gets acquired by an institution and reborn with the branding. In this case there could be very well one targeting Binance right now to take them down as they know something is off with them, this leads to discounted Bitcoin for your own fund. 2.Binance loses majority of Bitcoin revenue and uses its legitimate reserves to defend their unregistered security "BNB" as nobody will want to be locking up fantasy shares earning zero trading revenue. Expect mass layoffs from Binance in turn to repurchase BNB to defend their entire ecosystem of fraud. - If it was not clear you don't want anything to do with a company that could lead to your assets being held up in a 10 year legal case of seized property. The price to keep track of has been marked, Binance seems to be keeping the BNB price above $221. Some further details why I do not trust CZ he has paid to clean his involvement with Bijie Tech (seed funding of Binance) from most google searches and his specialty? his technology startup company, Fusion Systems, which was known for "some of the fastest automated high-frequency trading platforms and systems for stockbrokers." Is it not shocking his companies share token looks extremely abnormal and very well manipulated by a single large holder?
Short
by FederalXBT
BNB: Sideways ChannelBinance (BNB) technical analysis: Trade setup : Following a big drawdown in June, price has stabilized in a Sideways Channel ($220 – $260). Swing Traders can trade the channel (Enter near $220 support and Exit near $260 resistance). Pattern : Price is trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range – Buy near Support and Sell near Resistance. Trend : Neutral on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $220. The nearest Resistance Zone is $260 (previous support), then $300.
Long
by altFINS
BNB/USDT Short-Term ReviewHello everyone, let's look at the BNB to USDT chart on a one hour time frame. As you can see, the price has broken out of the local downtrend line. After unfolding the trend based fib extension mesh, we see that the first support is at the price of $ 239.8, the second at the price of $ 236.5. third at $233.3, and fourth at $228.7. Looking the other way, you should first mark the resistance zone from $247 to $250, and then the second zone from $254 to $257. The CHOP index indicates that there is a lot of energy to move, MACD is on the verge of returning to the downtrend, and we have a rebound on the RSI, but there is room for the price to go lower.
by cryptodailyuk
SHORT BNBUSDT : TARGET ~$240.00Calling a short opportunity here for anyone keen to scalp it. // Been reprimanded for not writing enough in my posts. I'm about the signals, trying to focus on accuracy. If I wanted to be an author, I'd have created a SubStack.. So I'll be posting completely random content from now on as filler.. They said content. Never said it had to be relevant.. I love this poem: The Raven BY EDGAR ALLAN POE Once upon a midnight dreary, while I pondered, weak and weary, Over many a quaint and curious volume of forgotten lore— While I nodded, nearly napping, suddenly there came a tapping, As of some one gently rapping, rapping at my chamber door. “’Tis some visitor,” I muttered, “tapping at my chamber door— Only this and nothing more.” Ah, distinctly I remember it was in the bleak December; And each separate dying ember wrought its ghost upon the floor. Eagerly I wished the morrow;—vainly I had sought to borrow From my books surcease of sorrow—sorrow for the lost Lenore— For the rare and radiant maiden whom the angels name Lenore— Nameless here for evermore. And the silken, sad, uncertain rustling of each purple curtain Thrilled me—filled me with fantastic terrors never felt before; So that now, to still the beating of my heart, I stood repeating “’Tis some visitor entreating entrance at my chamber door— Some late visitor entreating entrance at my chamber door;— This it is and nothing more.” Presently my soul grew stronger; hesitating then no longer, “Sir,” said I, “or Madam, truly your forgiveness I implore; But the fact is I was napping, and so gently you came rapping, And so faintly you came tapping, tapping at my chamber door, That I scarce was sure I heard you”—here I opened wide the door;— Darkness there and nothing more. Deep into that darkness peering, long I stood there wondering, fearing, Doubting, dreaming dreams no mortal ever dared to dream before; But the silence was unbroken, and the stillness gave no token, And the only word there spoken was the whispered word, “Lenore?” This I whispered, and an echo murmured back the word, “Lenore!”— Merely this and nothing more. Back into the chamber turning, all my soul within me burning, Soon again I heard a tapping somewhat louder than before. “Surely,” said I, “surely that is something at my window lattice; Let me see, then, what thereat is, and this mystery explore— Let my heart be still a moment and this mystery explore;— ’Tis the wind and nothing more!” Open here I flung the shutter, when, with many a flirt and flutter, In there stepped a stately Raven of the saintly days of yore; Not the least obeisance made he; not a minute stopped or stayed he; But, with mien of lord or lady, perched above my chamber door— Perched upon a bust of Pallas just above my chamber door— Perched, and sat, and nothing more. Then this ebony bird beguiling my sad fancy into smiling, By the grave and stern decorum of the countenance it wore, “Though thy crest be shorn and shaven, thou,” I said, “art sure no craven, Ghastly grim and ancient Raven wandering from the Nightly shore— Tell me what thy lordly name is on the Night’s Plutonian shore!” Quoth the Raven “Nevermore.” Much I marvelled this ungainly fowl to hear discourse so plainly, Though its answer little meaning—little relevancy bore; For we cannot help agreeing that no living human being Ever yet was blessed with seeing bird above his chamber door— Bird or beast upon the sculptured bust above his chamber door, With such name as “Nevermore.” But the Raven, sitting lonely on the placid bust, spoke only That one word, as if his soul in that one word he did outpour. Nothing farther then he uttered—not a feather then he fluttered— Till I scarcely more than muttered “Other friends have flown before— On the morrow he will leave me, as my Hopes have flown before.” Then the bird said “Nevermore.” Startled at the stillness broken by reply so aptly spoken, “Doubtless,” said I, “what it utters is its only stock and store Caught from some unhappy master whom unmerciful Disaster Followed fast and followed faster till his songs one burden bore— Till the dirges of his Hope that melancholy burden bore Of ‘Never—nevermore’.” But the Raven still beguiling all my fancy into smiling, Straight I wheeled a cushioned seat in front of bird, and bust and door; Then, upon the velvet sinking, I betook myself to linking Fancy unto fancy, thinking what this ominous bird of yore— What this grim, ungainly, ghastly, gaunt, and ominous bird of yore Meant in croaking “Nevermore.” This I sat engaged in guessing, but no syllable expressing To the fowl whose fiery eyes now burned into my bosom’s core; This and more I sat divining, with my head at ease reclining On the cushion’s velvet lining that the lamp-light gloated o’er, But whose velvet-violet lining with the lamp-light gloating o’er, She shall press, ah, nevermore! Then, methought, the air grew denser, perfumed from an unseen censer Swung by Seraphim whose foot-falls tinkled on the tufted floor. “Wretch,” I cried, “thy God hath lent thee—by these angels he hath sent thee Respite—respite and nepenthe from thy memories of Lenore; Quaff, oh quaff this kind nepenthe and forget this lost Lenore!” Quoth the Raven “Nevermore.” “Prophet!” said I, “thing of evil!—prophet still, if bird or devil!— Whether Tempter sent, or whether tempest tossed thee here ashore, Desolate yet all undaunted, on this desert land enchanted— On this home by Horror haunted—tell me truly, I implore— Is there—is there balm in Gilead?—tell me—tell me, I implore!” Quoth the Raven “Nevermore.” “Prophet!” said I, “thing of evil!—prophet still, if bird or devil! By that Heaven that bends above us—by that God we both adore— Tell this soul with sorrow laden if, within the distant Aidenn, It shall clasp a sainted maiden whom the angels name Lenore— Clasp a rare and radiant maiden whom the angels name Lenore.” Quoth the Raven “Nevermore.” “Be that word our sign of parting, bird or fiend!” I shrieked, upstarting— “Get thee back into the tempest and the Night’s Plutonian shore! Leave no black plume as a token of that lie thy soul hath spoken! Leave my loneliness unbroken!—quit the bust above my door! Take thy beak from out my heart, and take thy form from off my door!” Quoth the Raven “Nevermore.” And the Raven, never flitting, still is sitting, still is sitting On the pallid bust of Pallas just above my chamber door; And his eyes have all the seeming of a demon’s that is dreaming, And the lamp-light o’er him streaming throws his shadow on the floor; And my soul from out that shadow that lies floating on the floor Shall be lifted—nevermore!
Short
by Rebelmedia
BNBUSDT - Price can fall to support level and try to break itHi guys, this is my overview for Binance Coin, feel free to check it and write your feedback in comments👊 Recently price bounced from support level, which coincide with support area, and made upward impulse to next level. After Binance Coin reached this level, price broke it and rose higher of resistance area and later started to decline in falling channel. Inside channel price broke $245.0 level and fell to past support level. Then Binance Coin bounced up of this level and a not long time ago made upward impulse higher of $245.0 level, thereby breaking it again. At the moment price trades near support area and I think it can bounce down to support level, which is located in support area. Also, possibly Binance Coin can break this level, make retest, and continue to decline to $240.0 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
9
BNB Bearish Flag!KUCOIN:BNBUSDT BINANCE:BNBUSDT is sitting in a bearish flag. Price Action is at Resistance and possible entry ideas for a short with possible targets to 182 and 164. However, the Flag is sitting at an strong support zone. So, in the event that BINANCE:BNBUSDT breaks out upwards out of the flag, there is a low volume node that could be filled quick to the 200 Daily. CPI data comes out later so watch for volatility and possible Fake Outs. Not predicting but preparing for your move - Good Luck! In regard to CRYPTOCAP:BTC , it is still sitting in a build up. For detailed analysis see my previous post which also shows target scenarios for CRYPTOCAP:BTC and you can view my idea here which still holds: tinyurl.com/53cpu4vw If you appreciate my efforts, spend half a second and give me a Boost! Thanks!! Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
by imr4nkh8n
BNB looks ready for trend shift ?👀 🚀Binance Coin Today Analysi💎 BNB is poised for a significant shift as it has been exhibiting sideways trading behavior for the past month. Currently, it's trading in a high-demand zone, indicating a potential trend shift. 💎 Moreover, it maintains a robust stance above the 50-day Exponential Moving Average (EMA), and the Relative Strength Index (RSI) also stands above 50, both of which are bullish indicators that shouldn't be disregarded. 💎 Above, we have a supply zone, so it's anticipated that the price will likely mitigate this zone by capturing selling liquidity. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon