BNB to the moonThe crypto market is rallying, and the biggest winners have been exchanges. (Look at FTT token)
Binance is valued at $80 Billion (Market cap) being the #1 exchange (in volume) and #2 layer 1 crypto platform (behind Ethereum)(in dapps). While Ethereum has a market cap of $270 billion and Coinbase of $90 billion. Binance is undervalued since it established leadership in the exchange industry and this is reflected by the exponential growth in valuation. We should see a substantial price rise in the next days.
Bnbusdtlong
BNB/USDT : Breakout from falling wedge BINANCE:BNBUSDT
Hello everyone 😃
BNB was moving into a falling wedge.
Now it's had a breakout from it which is extremely bullish for BNB specially after yesterday's burning !
On Technical side :
MACD had a bullish crossover and now, Volatility is being bullish.
Also MA100 reached movement and starts to support movement !!
By the way, There is a bullish trendline which is leading BNB 25th March..
All flags are bullish for CZ's coin :D
But... have to notice :
🔴 Funding is slightly high across all the major exchanges. We can expect small dip during weekend so manage your risk accordingly and buy in parts. Don’t go all in single shot with high leverage otherwise you’ll be punished hard!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
BNBUSDT Next Target!BNBUSDT (1H Chart) Technical Analysis Update
BNB/USDT currently trading at $536
Buy-level: Above $550
Stop loss: $503
Target 1: $580
Target 2: $610
Target 3: $650
Target 4: $700
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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#BNB #Binance - 4 hour SFP reversal pin + golden pocket reclaimEntry - $518.49
Stop Loss - $492
Exit - $597
Leverage - 10 x
Risk to reward - 3 to 1
BNB Has formed a nice reversal pin on the 4 hour chart whilst also wicking through support.
It is now looking to reclaim the golden pocket before moving up again.
It is also forming a nice bull flag on this pullback.
BNB Should start to move up again and retest resistance.
Best of luck!
Don't forget to like & Follow
NEW ATH on Binance coin! Binance coin is very bullish. For next move up is necessarily break a resistance and close above this resistance. You can see strong support level around 530USD - is important to hold this level for next uptrend. TIP - don´t short this coin because Binance doesn´t like it :)
BNBUSDTBNB did a great move up, and I think it can even pump more because Binance converts all small assets into BNB and we all know what that means.
we're seeing a small rejection by the upper Bollinger band right now but if you're looking for a long position, wait for a confirmation and closure of a 4H candle above the resistance and then you can open your long positions.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
BNB skyrockets to record highs while $1,000 beckons
Binance Coin Price Analysis: BNB skyrockets to record highs as $1,000 beckons
Binance Coin rallies to hit a significant milestone at $638 amid the bulls' push for gains past
$1,000.
The MACD adds credence to the bullish outlook despite resistance at $600.
Binance Coin has quickly become the darling of the cryptocurrency market. In addition to making a significant spike to $638, a new all-time high, the token's market cap almost hit $90 billion. BNB still sits in the third position on the market after Ethereum.
Binance Coin bulls battle to secure higher support
The exchange-based token teeters at $577 at the time of writing. This follows a minor correction from the newly traded record highs. Support above $600 became an uphill task, but currently, buyers are focused on established support at $550.
The short-term analysis shows that Binance Coin is in the bulls' hands despite the recent correction. This bullish narrative has been reinforced by the Moving Average Convergence Divergence (MACD). The indicator is not only in the positive region but also in a bullish impulse. For instance, the MACD line (blue) has sustained the signal line's positive divergence since the weekend session.
Closing the day above $570 and, by extension, $550 will ensure market stability. Here, buyers will build upon the support for gains toward $1,000. Immense buy orders will be triggered once Binance Coin slices through the hurdle at $600 and $638, respectively.
It is worth mentioning that a correction will come into play if the support at $550 gives in. Sell orders may be triggered, adding pressure to the bearish outlook. Subtle support has been envisaged at $500, but the primary anchor holds $450.
Binance Coin intraday levels
Spot rate: $577
Trend: Bearish
Volatility: Low
Support: $5050 and $450
Resistance: $600 and $638
Found something mysterous in BNB Chart!I have found something mysterious in BNBUSDT Chart! BNB has been on an amazing journey towards new ATH but here is something crazy happening all the time.
After the major pullback of BNB from 350$ ATH, starting from March 1, BNB is following a rhythm of retracement to 0.5 Fibonacci Level and then booming the price 30%!
The chart is attached.
Example 1: BNB boom 30% from 195$ to 260$ and then retraced back to 0.5 level (226$).
Example 2: BNB boom 30% from 226$ to 304$ and then retraced back to 0.5 level (262$).
Example 3: BNB boom 30% from 262$ to 349$ and then retraced back to 0.5 level (313$).
Example 4: BNB boom 30% from 313$ to 411$ and then retraced back to 0.5 level (364$).
Example 5: BNB is booming for the next 30% from 364$ to 475$ and then will be retraced back to 0.5 level (411$).
Let me know in the comments what do you think? If you like you can share. Thanks.
#SyedMuneebAli
BNB, Binance Coin - I'm waiting for a breakout pattern⚙️BNB creates a local range near an important key level. I expect the continuation of the movement in this range and squeezing to the level. Only in this case, we will create a great breakout pattern for a long position.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BNB Buy a break setup.BNBUSDT - Intraday - We look to Buy a break of 382.4 (stop at 369.6)
Daily signals are bullish.
Bespoke resistance is located at 380.0
3 positive daily performances in succession.
We look for gains to be extended today.
The trend of higher highs is located at 420.0.
Our profit targets will be 418.4 and 438.4
Resistance: 380.0 / 400.0 / 420.0
Support: 360.0 / 340.0 / 316.0