BNBUSDT , We need rest and after ... Hello guys
We re backed with other analysis of BNB
Everybody know that BNB have one the complicated chart in crypto , in here after we had war of B&B on key level for break the key and change trend we have breakwave and now at this time we need pullback to have better price and some rest for price and after that we are ready to reach new target .
We predict and expect that the price s pullback can finish in 0.5 level of fibo retracement but it is just predecit and we should wait and watch that what the markets want to do
Be careful guys , the trend is upward
Dont forget stop loss and money management
Be with us , follow us
Good Luck
Abtin
Bnbusdtbuy
BNBUSDT - Head and Shoulder Pattern!BNBUSDT (4H Chart) Technical analysis
BNB/USDT (4H Chart) Currently trading at $435
Buy level :Above $440 (Buy after Breakout)
Stop loss: Below $397
TP1: $472
TP2: $503
TP3: $534
TP4: $565
Max Leverage 3x
Always keep Stop loss
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BNBUSDT (1h Chart) - Flag Pattern!BNBUSDT (1h Chart) Technical analysis
BNB/USDT (1h Chart) Currently trading at $427
Buy level :Abow $429 (Buy after Breakout)
Stop loss: Below $418
TP1: $438
TP2: $449
TP3: $460
Max Leverage 3x
Always keep Stop loss
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BNB Analysis Bulls taking over ?Hello everyone, as we all know the market action discounts everything :)
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The Binance coin has turned Bullish in the last few days as we see the coin price has rallied from 263.67 and reached 356.19, The coin price right now is trending near the first resistance line at 363.63 which can show us 2 types of scenarios for the movement of the market for the next period of time.
Scenario 1 :
The coin will break the first resistance line and close above the first resistance line at 363.63 which confirms the Bullish turn that the market is under right now, after the market price closes above that resistance line the bull will show more support for the trend and the price will probably keep going up until reaching the second resistance line at 382.58, where the Bulls will test the Bears power and the outcome will determine the movement of the price for the time follows.
Scenario 2 :
The coin will reach the first resistance line at 363.63 and a battle will happen between the Bulls and Bears over control of the market action, if the Bulls were to win then Scenario 1 will probably happen, but if the Bears increase their power and take that control back then we will see the price drop down from the resistance line and its gonna be headed to the first support line at 329.36 where the bears will test the power of the bull and who overtakes control will drive the price of the coin up or down if the Bears were able to keep that control then the risk for a Big Bearish movement is real
Technical indicators showing a Bullish state in the market where we see that :
1) The market price is moving above the 5 10 20 50 200 MA and EMA ( Bullish sign)
2) The MACD crossed the zero line indicating that the market went into a Bullish state with a positive crossover between the MACD line and the Signal line.
3) The ADX at 33.06 showing that the market is trending with a positive crossover between DI+ (16.77) and DI- (6.16).
Support & Resistance points :
support Resistance
1) 329.36 1) 363.63
2) 302.54 2) 382.58
3) 287.42 3) 429.03
Fundamental point of view :
The leading cryptocurrency exchange is winding down its futures and derivatives products across Europe, starting in the Netherlands, Germany, and Italy.
Binance culls another of its products amid ongoing regulatory scrutiny.
Binance is cutting its derivatives products in European countries. The exchange announced the update Friday, confirming that the change would initially affect those in the Netherlands, Germany, and Italy.
Though no other countries were mentioned in the announcement, the exchange noted that it would be stopping derivatives “across the European region.”
The announcement added that the European region is “a very important market” for the exchange, and acknowledged the region’s “proactive steps towards harmonizing crypto regulations.”
The exchange confirmed that customers in the Netherlands, Germany, and Italy would be unable to open futures or derivatives accounts with immediate effect. Binance’s derivatives products include perpetual, futures, options, and leveraged tokens.
The update is only the latest in a series of steps Binance appears to be taking to appease regulatory officials. This month, the exchange has reduced its leverage limits from 100x to 20x, reduced its daily withdrawal limits for unverified users, launched a tax reporting tool, and halted its tokenized stocks offering. The changes follow weeks of intense scrutiny from regulators worldwide. The U.K., Singapore, Japan, and Italy have all expressed concerns with Binance’s practices in recent weeks.
In response to the pressure, Binance CEO Changpeng Zhao has affirmed his intention to meet regulatory requirements. He penned an open letter on the subject earlier this month, before suggesting that he would like to hire a contingent CEO with a strong compliance background. According to Crypto Briefing
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
BNBUSDT Is Heading to Reach 346.99
Welcome back Traders, Investors, and Community!
Hi Traders, BNBUSDT on H4 has been strongly Bullish and making HHs and HLs. The price might go lower to around 321.72 before it goes higher to 346.99
⬆️Buy now or Buy at 321.72
⭕️SL @ 308.78
✅TP1 @ 346.99
✅TP2 @ 360.66
✅TP3 @ 374.33
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
BNBUSDT Entry Support and resistanceBNBUSDT Entry 1st entry 299 to 277 worst case scenario btc support reject market down trend 247 to 220
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BNBUSDT Next Target!BNBUSDT (1H CHART) Technical Analysis Update
Resistance breakout
BNB/USDT currently trading at $600
Buy-level: $590- $600 (Wait for the retracement)
Stop loss: Below $533
Target 1: $640
Target 2: $700
Target 3: $750
Target 4: $800
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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