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BNBUSDT

Daily BNB 4HChart - 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 above the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $333.4, if the support is broken then the next support is $326.4, $320.9 and $315.1. Now let's move to the resistance line, as you can see the first resistance is $ 344, if you manage to break it, the next resistance will be $348.4, $352.7 and $359. Looking at the CHOP indicator, we see that the energy has been used, the MACD confirms the local uptrend, while the RSI has crossed the upper limit again, which may result in a temporary price rebound.
by cryptodailyuk
1
IS $BNB Buyers finally Ready to Shoot for $440 Or Is BNB Dead?CRYPTOCAP:BNB price is Trading currently within a Busy rectangle range, while battling the resistance range of HKEX:336 to $459. The last 3 attempts to get past 345 have failed and resulted in a temporary pullback and for the fourth time we see the bulls crawling this time back to the same area. with a price range of HKEX:264 to HKEX:397 on the chart. This pattern suggests a potential bullish continuation pattern and a strong bullish pressure brewing in the background, indicating that the current pause is temporary and an upward movement may be imminent on BNB any movement soon. However, it is important to consider the possibility of a bearish reaction of BNB to the top of the box at the HKEX:397 area all the way up to HKEX:440 , which may create breakout pressure. Therefore, caution should be exercised as the price approaches this area, and profits should be protected by moving the stop loss up to breakeven or by using a trailing stop loss. If the bulls succeed in breaking out, the upward move will most likely continue. However, it is important to remain open-minded, as anything can happen at any time. the below signal is best for sport but can be used on futures with a tighter stop loss adjusted to the HKEX:314 range. FREE MT SIGNAL(SPOT TRADE) 👉 ASSET: CRYPTOCAP:BNB (BNB/USDT) 👉 ACTION: BUY 👉 1st ENTRY PRICE: FWB:328 👉 STOP LOSS: HKEX:298 👉 1st TAKE PROFIT: HKEX:396 2nd TAKE PROFIT: HKEX:440 💰 RISK MANAGEMENT: I strongly recommend the use of stop loss, you can use the HKEX:298 for Spot and HKEX:314 for Futures as a point of sell to limit potential losses on in case the trade goes against us as ranges are unpredictable. We also suggest taking profits as the price approaches HKEX:397 to lock in gains. before hitting Target on BNB 440 range in case the bulls get weak on reaction to the box Resistance 🚨 DISCLAIMER: This is not financial advice. Please do your own research before making any trades. We are not responsible for any losses that may occur from following this trade signal.
BINANCE:BNBUSDLong
by MachiavelliTrader
✴️ Binance Coin Says, Bring In The FUD | 500 or 600+?This is a chart that reads/says "I don't care"... The October 2022 session close is the most important level right now for the bulls, this is around 333; technical analysis first then we can get into opinions, jokes and speculation. Bottom/low June 2022... Ok, that's easy. Higher lows ever since this date... Revealing. Long-term higher low December 2022 vs June 2022. The succeeding higher lows both end up with a Doji as a very clear and strong reversal signal. This signal is confirmed with the green candle that follows. Ok. Binance Coin continues trading within higher lows but has been actually in a consolidation phase since October 2022. Each time it moved higher resistance is found around that same level of 333... This is where we are at now. If this level break, we can see a double up. I remember my initial target being around 555 but who knows... The charts are bullish, the technicals, bullish, the market bullish, Bitcoin bullish, Twitter, bullish, etc. Binance has been going through some of the worst attacks in the industry, this is because they have a huge share of the market and the competitors are using their political clout to attack and try to get some of that share. Instead of giving great products, great support and a great service, they attack each other but ok... This is the past, they are offering Cryptocurrencies services and products but these are still centralized institutions... the future is DEX. That's the opinion/speculation part. The truth is that Binance will continue to operate regardless of what happens, they have licenses in more than 16 countries and the world is big... Innovation does not change what "isn't working". The new doesn't fix the past/what is bad... Here is how it works... New people, the new generation, the future starts adapting the new technologies and the old becomes obsolete. It is never upgraded it just become irrelevant overtime... Floppy, CDs... These are not upgraded by USB sticks, they are just forgotten by you and me. Namaste.
Long
by AlanSantana
1