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BNBUSDT

Binance coin trades inside wedge and can fall to support lineHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price fell to the level 315, where it formed the buyer zone 315-319, which make retested and started an upward movement. For some time, the price traded in a small range, after which it left it and continued to rise. We see how Binance Coin made a fake breakout 343.5 resistance level, then reversed, formed a downward impulse and began to fall. Over time, the price has created a downward wedge and is now trading inside. Binance Coin retested the support line of wedge, which coincide with the buyer zone, and began to grow. The price is now trading close to the resistance line and could rise and retest it. I think that after a possible retest of the resistance line, the price can bounce back and continue to decline. Binance Coin can reach the support line of wedge, in this case I decided to set targets at level 320.5 and at level 316, which coincide with support of wedge. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
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 on the edge of the uptrend line. Let's start with setting the support line and as you can see, we have the first support at $318.6 at which the price rebounded, if the support is broken then the next support is $310.2, and then the third support is $299.3. Now let's move on to the resistance line, as you can see the first resistance is $323.4, if you manage to break it, the next resistance will be $328.3, $332.5 and $336.7. Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates the continuation of the downward trend, while the RSI shows a strong rebound and we are approaching the lower limit, which may stop the declines.
by cryptodailyuk
BNBUSDT is a good prospectHello everyone. Today we will look at BNBUSDT in the daily perspective. The chart of this coin is similar to the ETHUSDT chart, but it looks more clear, since it has an obvious resistance level at 340. In November, there was already a false breakdown of this level and now the price is already consciously approaching it, slowly. Overall, the chart looks very nice compared to other coins. The first target is at 435. The stop is quite small for a 2-day chart, at 314, for the last minimum.
Long
by CRYPTOVALUTCHIK
BTC update, SMC...Hello traders, I posted a chart for BTC and we had 2 Scenarios, first one was to pull back and retest to 30k again from the support level of 27.1k and next one was 26k zone... and first Scenario is activated, and now we should wait for a rejection from 31k or 32.4k before opening short positions... and targets are 26.5k, 23.9k, 20.5k with stop loss of 33k... and best entry zone is 30.4-32.4k depends on where and what price we get the rejection.... enjoy trading <3
Short
by rawayoussef0
BNB/USDT 4HInterval Resistance and SupportI invite you to review the BNB chart on a four-hour interval. As we can see, the price is moving in the uptrend channel, marked with purple lines. Let's start by marking the support spots for the price and we see that we first have support at $ 336.8, but if the price goes lower, we have a support zone from $ 332 to $ 328, then support at $ 323.5 and another support at a price of $ 317.4. 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 has now rebounded from the resistance at $ 346.2. We continue to have strong resistance at $ 354.8, once the price breaks it it will move towards the resistance at $ 365.4. The CHOP index indicates that the energy has been used up, the MACD indicates that the uptrend is maintained, while the RSI is moving at the upper limit of the range, which may slow down the current movement.
by cryptodailyuk
bnbusd daily best level to buy/hold tp 100% gains🔸Hello guys, today let's review daily price chart for BNBUSD. Noteworthy compression in progress, with a decent sequence of higher lows, so overall chart looks good for further gains. 🔸Sequence of higher lows set by 206 usd and 244 usd, expecting a new higher low near 287 usd. Resistance overhead, so short-term progress/upside is limited. Decent pullback incoming in May. 🔸Recommended strategy bulls: bullish structure and compression in progress. However, expecting one final pullback before we get a decent move. Bulls should wait for the pullback and focus on buying lower near 287 USD. final TP bulls is +100% gains near 565 USD. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BINANCE:BNBUSDLong
by ProjectSyndicate
13
BNB $5000Binance coin (BNB) is the cryptocurrency of the largest volume trading crypto exchange Binance. BNB allows owners to receive significant discounts (25%) on trading fees within the exchange, participate in initial coin offerings, and earn income through staking. The BNB price is heavily influenced by the success of the exchange and the popularity of cryptocurrency trading, which makes it quite volatile. In 2021, it was a very successful year for BNB, and the price rose from HKEX:40 at the beginning of the year to HKEX:690 at its peak, but then there was a decline. In this regard, many investors wonder if it is worth expecting a repeat of this success? For investors now, the key question is whether the BNB cryptocurrency is a good investment now, whether the growth of the cryptocurrency will return next year, or in the medium-term perspective of 3-5 years. I have conducted an analysis and can say that it is definitely worth it: There are no competitors, and we will not see any in the near future. The coin trades in an upward channel (an example will be the TWT coin locally). The coin has good tokenomics, and there is a burning every quarter. New listings give an allocation. There are many more factors to consider. Personally, I am actively buying BNB and recommend you to take a closer look at it. My expectations are MYX:HUMEIND , mark this down.
Long
by CHOWTRADE
✴️ Let's Pay Attention | Binance Coin vs Bitcoin, Ethereum & XRPWhile Bitcoin, Ethereum, XRP and others are looking a bit mixed, Binance Coin is looking a bit better. "What one does, the rest follows..." Ok, that's my personal phrase and should be coined to my name when it comes to Cryptocurrency trading, together with "Patience is key!". (Just kidding... 😅) BNBUSDT continues trading above EMA10 daily. While we see this shaky, doubtful type of action, the price action continues bullish on the short-term, which is good for BTC, ETH and the rest. The RSI is above 50 and the trading volume continues with the same behaviour as before. This means that the same type of trend/action is likely to continue... And so, if Binance Coins moves ahead, we can expect the others to also do the same. Remember, when one chart isn't 100% clear, we can look around and see what the others have to say. Now... Things can change but we are aiming higher unless BNBUSDT moves and closes below 299... Thank you for reading. Your support is truly appreciated, now and always. Namaste.
Long
by AlanSantana
3
BNB/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the chart of BNB in pair to USDT, on a one-day timeframe. First, we will use the blue lines to mark the uptrend channel in which the price is moving. Going further, we can move on to marking the places of support in the situation of returning to the correction. And here, the first support is at $ 320, the second support is at $ 300.2, the third support is at $ 284.8, and then we have strong support at $ 269.4. Looking the other way, we see that the price is testing the resistance area at $ 330.2. If it is successfully tested, the price may move towards the resistance at $ 359.6 and further to the resistance around $ 398.6. Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, MACD indicates that we are moving in a downtrend, while the RSI, despite the recent rebound, remains at the upper end of the range, which may lead to a price correction.
by cryptodailyuk
BNB - Hike to your past "high"Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ On the technical side: the asset is approaching a strong local resistance at 0.786 Fibonacci, from which we can expect a rebound to the local support level to the level of 0.618. At the moment, you need to wait for confirmation of the local resistance of HKEX:338 , if the asset breaks through this price level, then it is also possible to exit the triangle and go to HKEX:400 The opening of the new week started very well, without the continuation of the market correction, let's hope that the buyer will become active in the market again and we will see a continuous growth! All successful trading.
Long
by DanilBlinkov
BNB | big Ascending Triangle Hello Traders, BNB is forming a big Ascending triangle pattern on the weekly timeframe! when the ascending triangle pattern develops within a downtrend we have two possible trade scenarios: A continuation of the downtrend it can signal an imminent market reversal If the flat resistance line is broken, the ascending triangle pattern can signal an upcoming trend reversal. In this case, we can expect a change in the trend, from bearish to bullish. In this case, we may open a long trade after a successful breakout, and it's expected to test 496 $ level (+40% gain) But ... The ascending triangle also can play out as a continuation pattern. the upward-sloping trendline of the ascending triangle must be broken to confirm the trend continuation A short trade is triggered once we break below the upward-sloping trendline. and our target will be 192 $ (-30%) Thank you for reading! Please Like and comment with your opinion :)
by Khaledzu
6
BNB - Pump & Dump like XRP ?Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. BNBUSDT aka Binance coin has a nasty history of pumps and dumps. In the past, the King of Pump & Dump use to be XRP. But lately, it seems like BNB coin might take the title. With the Moving Averages ribbon, we can see the sellers/bears take control after the recent top out. Is it possible to see a few for daily candles of downward trading before another 16% or 30% increase? While you're here 👀 Check out this recent post on an altcoin that may go parabolic in the near future, MOVR : _______________________ 📢 Show us some LOVE 🧡 Follow for daily updates and trade ideas on Crypto , Stocks , Forex and Commodities 💎 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
26
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 uptrend line. Let's start with the support line and as you can see the first support in the near term is $ 326.8, if the support is broken then the next support is $ 321.2, $ 313.4 and $ 303.2. Now let's move on to the resistance line, as you can see the first resistance is $ 334.4, if you manage to break it, the next resistance will be $ 340.5, $ 346.7 and $ 355. Looking at the CHOP indicator, we see that the energy is gaining more and more strength, the MACD indicates a local uptrend return, while the RSI also has a rebound.
by cryptodailyuk
BNBUSDTHow do you do dear friends, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for BNBUSDT According to our previous analysis on April 12, we expected a rising trend to happen for the price and here we have the precise prediction of our team. In the current chart, R3, R2, and R1 are the resistance areas that contain the unsuccessful attempts of the price to rise. And at the bottom, S1 is a 4-hour support line and S2 is our long-term support area with the representation of support at some points. Presently, the price could have a rise up to R1 and we observe its fluctuation in the mentioned area. Obviously we must wait for some rising signs when the price falls to S1 and then more more increase would happen for it toward R3. So by the time the price gives us some confirmation candles for a rise, the long position of the chart is activated and an increase happens to it toward higher amounts. Even it is possible for the price to lose the support at any points and a rejection for it, makes another falling trend down to S1 or lower. Also, by the time the price is not strong enough to have more rise, a decline will happen to lower amounts at its current point. So if the price gives us some falling signs and falls below S1, definitely a decline will be there down to S2. Keep in mind to consider market conditions in lower time frames in order to make sure of a god point to put your trade order, we suggest you to wait for the time which the price is in its return upward. We highly recommend you to obtain every piece of information and idea through our updates for enjoying more profitable trades. 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
Long
by MarsSignals