BNBUSDT
BNBUSDTBNB's main trend is upward, but in my opinion, in the short term, we will have a correction to the range of 270 to 260. Right now, an important trend line has been broken and after a pullback, I expect the price to drop. If this happens, the next supports can be 285 and 270. You can see the rest of the story in the chart.
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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! 🌩️⛅🌈
BTC Faces Headwinds 🌬️ Can BNB Rise Above the Storm? 🌩️Bitcoin faces strong headwinds 🌩️ – signaling a downward trend – in the next 24 hours following the US regulator’s latest crackdown on the US cryptocurrency market. Binance Coin, which is the cryptocurrency in the regulator’s sights, faces sunny conditions signaling upside potential. ☀️
Over a one-week horizon, a slightly bullish market with upside potential is expected for both major cryptocurrencies – Bitcoin 🚀 and Ethereum 🌟. Smaller altcoins, such as Binance Coin and XRP 🔥, should also benefit from this bullish mood and have upside potential. 💼📈
Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
BNBUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a daily time frame analysis for BNBUSDT.1D
We are in daytime. After a 20% drop due to news and complaints from Binance, which faced pressure from sellers.
Now the price is fluctuating at our first support zone, and if it can maintain this level, we can consider the possibility of increasing the price to the resistance zone. But if the price cannot support and moves below our second support line and stabilizes, we can consider the possibility of falling to the third support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
BNB: Rising Wedge BreakoutBinance (BNB) technical analysis:
Trade setup : Bearish breakout from Rising Wedge pattern and below 200-day moving average (~$300) could signal bearish trend reversal to downtrend. It is however quickly approaching $260 support area and is oversold (RSI < 30), thus price could bounce up near-term, albeit briefly.
Patterns : Rising Wedge It usually forms after an uptrend and suggests a potential bearish reversal in the original uptrend. When price breaks the lower trend line the price is expected to trend lower. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $300, which it broke, then $260. The nearest Resistance Zone is $340, then $400.
BNB | funds are safu ?At press time, crypto market head bitcoin fell below $30K, resulting in selling pressure dumps BNB token price by 4.5% overnight, when the current price remains at HKEX:326 level. Meanwhile, the market capitalization of BNB reached HKEX:51 billion in the ongoing selloff. Buyers failed to keep BNB above the 9-day simple moving average, but the 21-SMA remains to be seen for a trend reversal. The pullback appears as a retracement phase before the next bullish run to HKEX:400 if the buyers defend the HKEX:310 support area. now lets talk about new upgrade
Binance will announce its upcoming BNB Beacon Chain (BEP2) network upgrade and Hard Fork on April 21.the upgrade will take place at an estimated 11:00 AM on April 21, 2023 at block height of 310,182,000. as part of the upgrade process, token deposits and withdrawals on the BNB Beacon Chain will be temporarily suspended from approximately 09:45 on April 21, 2023. Suspending is necessary to ensure that all transactions on the network are processing properly and the upgrade is successful.
BNB Beacon Chain is an Ethereum 2.0 compatible chain that allows users to stake Binance Coins to earn rewards and secure the network. The upcoming upgrade aims to improve the overall performance and security of the network.by supporting the upgrade, Binance helps ensure that the BNB Beacon Chain remains a solid and reliable network for its users.
After the options delivery ended today, the prices of BTC and ETH fell sharply we are in correction mode now
we heading to 325, 323 and 320. 315 and 305 is true war zone and good time for bulls to show who run the game
Be Bull , Be Cool
BTCUSDT Daily : Finally 25500 touchedHi Guys , Hope you well
Dear traders, as I said in the previous analysis, the price dropped almost heavily with the news about the complaint against the Binance exchange.
Now I expect the price to swing down to the green box.
I remember that according to the news, the price can stay in this box for a long time and I expect it to move towards $32,000.
SecondChanceCrypto
⏰6/JUNE/23
⛔️DYOR
Always do your research .
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FUD - overflow with a big move?!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Everyone has probably heard the news that the SEC has filed a lawsuit against the Binance crypto exchange
A few days ago CZ tweeted for support when he throws "4" again and what do we see now? That's right, CZ throws "4" on Twitter when the SEC sues his company It's me that again they created a situation for panic and pretend that everything is in order and there is nothing to be afraid of
Let's remember the situation on March 10 this year (just look at the chart), decoupling USDC from $, the collapse of the banking sector and a real panic sell in the market, in general, threw the strongest FUD before rising by +10,000 points. Now a similar situation is happening, they are scaring the crowd before a possible reversal.
As for my position:
As I said in the last post, if they drop below $26,000, then I will average my long, I got $25,650 for 5% of the deposit (25% in the position). Stop temporarily removed, I want to wait out the FUD.
Technical: the $25,200 level has not been touched yet, maybe we will get there soon, if you are going to take a position from there, be prepared for (squeeze) the price may drop a little lower by a few hundred points.
BNB --> alert for downward movementsBNB --> alert for downward movements
hello guys...
in my opinion, there are signals for downward movement as well,
but from where?!
I think after touching the liquidity pool area!
there are two targets for short positions that I have shown these!
the green area is excellent for a long position, be aware!
_______________________________
always do your research.
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BNB Binance Coin Rejected by the Resistance After the first price target was reached:
It`s the 4th time since the major selloff to $183 when BNB Binance Coin faces the $335 Resistance level.
I think it will be rejected once again and head to the $276 Support.
I`m opening a short position here. Of course, not financial advice, just my own risk.
Looking forward to read your opinion about it.
BNBUSDT: Bearish Trend Still Controls the Crypto Market!Price Action Analysis
BNBUSDT has broken out of the double-top pattern. The price is moving below the EMA200 line, confirming a bearish trend. Additionally, an Ascending Broadening Wedge has materialized within this ongoing downtrend. The breakout of the lower trendline further suggests the potential for a downward movement toward the designated target area.
The momentum indicator
The MACD has formed a golden cross before the breakout, signifying a potential downward movement on BNBUSDT.
The roadmap will be invalid after reaching the target/resistance area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the
BINANCE:BNBUSDT "
Bnb Not Looking good Consolidating In Bearish Flag In 3 days tf Incase Of Breakout expecting Move Towards 220 top 230$
BTCUSDT DAILY : LAST CHANCE FOR BUYHi Guys. Hope you well and start great week.
With the change in the daily and the decrease in the momentum in the fall, I expect to break the trend and enter the accelerated movement towards 32000.
SecondChanceCrypto
⏰5/JUNE/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please dont forget to support this idea with your likes and coments.
Please Join our free channel in bio
BNB📊 #BNBUSDT
⏱ TIME: 1D
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future.
📍The initial buying limit: 264$
📍The second buying limit: 196$
📌TP1: 346$
📌TP2: 460$
📌TP3: 646$
📌TP4: 1000$
Binance Coin can break support level and exit of triangleHello traders, I want share with you my opinion about BNBUSDT. Looking at the chart, we see how the price, after a fake breakout of the support level, bounced and began to move up. Binance Coin formed an upward momentum and, after a small correction, grew to the level 350. The price bounced off the resistance level and began to decline. After several corrections and several repeated tests of the resistance line, the price continued to fall. Over time, Binance Coin created a downward triangle and for a long time trades in the within. In the within of the triangle, the price formed a seller zone 313-315, from which it continued to fall and reached the support level. After retesting the support level, the price increased, re-tested the seller zone and approached the support level, but didn’t test it. Not so long ago, the price made an upward correction, and after retesting the resistance line of the triangle, which coincide with the seller zone, Binance Coin continued to fall. The price is currently trading at level 301 and could break through it and leave the triangle. I think the price after breaking through the support level can continue the downward movement. In this case, I decided to set the targets at level 296 and at level 288. Please share this idea with your friends and click Boost 🚀
Sell when sky fallseverything depends on BTC. I hope one day this dependency decreased and BNB and other altcoins become stronger. But that day is not today. Sell your assets and buy them on lower price.
BNB: Rising WedgeBinance (BNB) technical analysis:
Trade setup : Trading in a Rising Wedge pattern, price pulled back near $300 support zone, which could be an attractive swing entry with upside potential to $340. Previously, after a bullish breakout from Falling Wedge pattern, price reached our target of $340 but got rejected 4x thus far. That’s also a level where it got rejected last year in August and November.
Patterns : Rising Wedge It usually forms after an uptrend and suggests a potential bearish reversal in the original uptrend. When price breaks the lower trend line the price is expected to trend lower. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $300 (previous resistance), then $260. The nearest Resistance Zone is $340, then $400.
BNBUSDT$300 price support is very important for bnb.
For now, as long as it is above this price, there is no problem
BNB/USDT 4HInterval Resistance and SupportHello everyone, let's look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support that is currently holding the price is $305.9, if the support is broken then the next support is $298.6, $292.9 and $287.1.
Now let's move on to the resistance line, as you can see the first resistance is $313.1, if you manage to break it, the next resistance will be $320.4, $326.3 and $332.6.
Looking at the CHOP indicator, we see that there is a lot of energy for the upcoming move, the MACD indicates that the local uptrend is maintained, while the RSI is in the lower part, although the price may go a little lower, there is a lot of room for growth.
BNB Long Entry and TargetIn a previous post I shared my concern that BNB may not hold the up trending support line.
Current Situation:
ATM it looks as if BNB is breaking the diagonal trendline support. If you are in a short, congratulations. Regardless, it seems like a good time to look for a long entry.
Entry Levels:
To determine my entry, I will use Horizontal support levels and the RSI level will trigger the timing of the entry.
The range between 260 USD and 300 USD is strong support for BNB. To narrow this range further we can use the imbalances that BNB left on the Chart in March (The green boxes) between 275 USD and 300 USD. I expect BNB to fill at least the first imbalance between 288 USD and 300 USD. IMO, BNB is not likely to fill the lower Imbalance between 276 – 285 USD.
If you look at previous lows (December and March) you will find that BNB responds very well to the oversold level of the RSI (at 30 or lower).
My plan is to enter a long based on two conditions:
1. The upper imbalance (at least) is resolved
2. RSI is at 30 or lower.
Target:
BNB has a few resistance levels on the daily chart:
1. 345 USD upper resistance of the range.
2. 400 – 414 USD Horizontal resistance. The 400 level is a round number and there is a wick close to that level since November.
3. 461 USD is a horizontal resistance as well as the 1.618 target.
Consider TP at these levels.
Trade Idea:
Entry: 290 USD
SL: 275 USD
Target: 460
NFA.
Will appreciate feedback.
BNB/USD Daily Price Targets — June 2023Hey traders, looking at the price action of Binance Coin to the U.S. Dollar on the daily time frame, it’s clear we can see higher lows from the ‘market bottom’ last summer during the 3 Arrows capitulation event. From here, we saw a higher low from SBF’s capitulation event and from here, we created this parallel trend that’s been held on this most recent swing low.
Now, we don’t have anymore capitulation events (that i’m aware of), the US just passed the debt ceiling bill so they aren’t going to default, and all FUD is turning to be a farce. I’m expecting some consolidation around this $293 - $300 level (in this parallel trend) until we inevitably reverse back up towards the Feb 2021 swing high level and above. Unless Binance itself crashes, this coin and the rest of the market, especially Litecoin is getting primed for the halving event and future growth to the upside.
If we drop lower and lose $258 somehow, then that’s another story and Binance would be on the loom of the next great financial disaster. Highly unlikely, but possible as all things have a possibility, we need to make our best educated guess.
I’m expecting June to be another slow month of selling off until we see that market reversal back up, this should happen in tandem with Litecoin’s event later this summer.
As always, please do your own research. This is not financial advice or meant to be in any shape or form, and the chart is meant as art only.
BNB/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the BNB chart on a four-hour interval. At the beginning, we will use blue lines to mark the uptrend channel from which the price is currently breaking sideways. Importantly, we are just below the EMA Cross 200, it is important that the price maintains this level and returns above 200 to continue the uptrend.
We will now move on to marking the price support locations and we see that we first have support just below the price at $300.6, but if the price goes lower, we have another support at $284.8, then at $269.2 and another support at $247.4.
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 at a very strong resistance zone from $309 to $330, when it manages to break out above this zone, the price will move towards strong resistance at $359.7 and further towards resistance at $398 $.
The CHOP index indicates that there is a lot of energy for the upcoming move, the MACD indicates a trend change to an uptrend, while the RSI has a rebound and is in the lower part of the range, which is important that the rebound on the indicator gives room for new price increases.
