BNB - ITS TIME TO GO UPTechnically, it is the right time for BNB to go up. Longby Ehsan_1307Updated 4
Need fud for this ? Maybe, weed and sea under palm beach and drink coconut. Hoho ! Shortby YuyuCoyotte2
Binance Coin: weak price movesThe price of BNB continues to be influenced by the news surrounding Binance exchanger, in which sense, some significant price moves to either side were not expected. Although there has been positive sentiment on the market since the beginning of this year, the price of BNB did not react in an usual manner, with strong price moves to the upside. Instead, the price is still holding above $300. During the previous week, there has been some move to the upside, reaching the highest weekly level at HKEX:335 , but still, daily trading volumes remained quite low, without strength to support price higher grounds. RSI started its path toward the overbought side of the market. The Indicator flipped from the 50 line and ended the week around the level of 62. This was a positive move, indicating that there is still space for the BNB`s price to move to the higher grounds. Moving averages of 50 and 200 days continue to move as two parallel lines, but they still manage to hold the Golden cross. Fundamentals will drive the price for BNB also in the coming period. RSI points to a potential for price to move to the higher levels, in which sense, BNB might test the $350 resistance line. On the opposite side, there is also some potential for levels modestly above the $300 support line to be tested for one more time. by XBTFX1
BNB Playout Charts "Long Movement"The movement of BNB according to previous predictions rose to a price of $ 345, of course there was some good sentiment in terms of catalysts such as the launch of the NFT which was just announced on April 13 2023. This catalyst certainly greatly influenced the price sentiment of BNB. For future predictions, BNB will try to retest its support at HKEX:330 as a foothold for finding new support. However, please note that currently there is an altcoin season, which means that many altcoins have increased performance that exceeds the performance of bitcoin price movements. It is possible for BNB to immediately increase to HKEX:360 USD, this price point is BNB resistance on November 5, 2022.by Cozybanana782
BNB-USD - Wait for broken patternWe have an upward trend, so at this moment I would expect a break in the trend and enter a SHORT. RSI shows that BNB is overbought, which would make sense with a trend change soon. Maybe an interest rate hike in MAY would bring some corrections to the crypto market.by sfc951
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. Longby MachiavelliTrader4
A Possibe Wave 3 For BNBUSDA look at the BNBUSD on the 4-hourly chart the price appears bearish for a bullish pullback up to the highs of 347 and 358 for a directional bias of 370Longby Khiwe2
Binance Coin: oversold side is coming?BNB is still influenced by the negative news surrounding Binance exchanger. CFTC charges are still in the spotlight of market interest and its potential impact on further business of the Binance. Until this dispute is finally resolved, BNB`s price will be suppressed, without much moves to either side. It is positive that the price manages to hold above the $300 support line, however, charts are showing potential for further pressure to the downside. The price of the coin did not move much during the previous week. Lowest level reached was HKEX:299 but only on one occasion, after which, the coin returned to previous levels, oscillating around HKEX:310 level. Major development during the previous week was with the RSI indicator, which crossed the 50 line and headed toward the oversold side of the market. The indicator ended the week at level of 47. Moving averages of 50 and 200 days continue to move as two parallel lines and still holding the Golden cross occurred some time ago. As already mentioned, due to negative news about Binance exchanger, the price of BNB will be suppressed during the forthcoming period of time. If current HKEX:310 level continue to hold then the price might shortly test $320. On the opposite side, support line at $300 might be also tested again. by XBTFX3
Let's Suss Out The 2023 Market Hey everyone, here's a quick video update. It looks like there's something wrong with Tradingview's screen record function, so it's possible the video will not show up. In that case, this will be audio only and there's not much I can do about it. Finally had some time today due to a light workload this week (gotta love religious holidays). In this video, I talk about DXY, Bitcoin, Ethereum, Litecoin, XRP, and BNB. I hope you enjoy! This video is meant for speculation and entertainment only - not as financial advice. Short20:00by VictorCobra228
$BNB LONGHey, Despite panic and FUD on $BNB. It's still holding strong with a strong comeback after last weeks news on the arrest of CZ (binance CEO). I took a Long trade at the levels of $BNBUSDT $304, currently trading at $314. Looking to take profit at $363. Still at entry areas with at tight stop loss with Risk to reward 1:4. #NFA Follow me Goodluck Degens Longby Ngash_0
Binance Coin: slowdown continuesMore negative news about Binance exchanger hit the market during the previous week, hence, the price of BNB reacted in a negative manner. Namely, the CFTC pressed charges against Binance exchanger, noting violation of several provisions on the US commodities law, whose aim is prevention and detection of the money laundering and terrorism financing. This news was not positively welcomed by the markets, in which sense, the price of BNB went from $330 down to $310. Around this level BNB is also finishing the week. Regardless of the drop in price, RSI continues to move around level of 50. This means that the market is just not ready to choose the trading side. Moving averages of 50 and 200 days continue to move as two parallel lines, which still hold a Golden cross occurred a few weeks ago. It could be expected that the market will remain sensitive to the news regarding CFTC`s charges against Binance, in which sense, risk of the further downside in the price of BNB holds. In this case, the price of BNB might go down to $300 support, with lower probability for a short term stop at $280. On the opposite side, price might recover to the previous levels between $320 and $330. by XBTFX3
BNB 1HR BULLISH RECTANGLEPosted longer time frame a bit ago, but here is the 1hr view. Looks like we are going to try to test local infection point. A push and then a back test to claim new local support would definitely bump her up near the first targetsLongby BShellhammer1
BNB KNOCKING AT THE DOORBNB trying to bust through key local resistance, could see some spring, backtest, spring price action once IF it can gain steam.Longby BShellhammer1
BNBUSD - Bullish RectangleBNBUSD making Bullish Rectangle Pattern that signals the continuation of the upward trend and the price pauses temporarily during an uptrend. Entry point as Buy Stop at the break of the Last HH.Longby wajahatarif1
BNBUSD is in sideways trend Support and RessistnceBNBUSD made a bearish flag and now is in a sideways trend. Taking a precise entry into this pair can be profitable. Taking entry according to the support and resistance.Shortby numanmughal03242
BNB *POTENTIAL* LONG PLAY.NOT confirmed, but if she can back-test the spring, it's an automatic buy. Made common 50% reversal from last swing high to swing low and is following typical procedures. Need to bust through that local resistance before she can do anything, but BNB is hitting those targets with ease if so occurs. GLHFLongby BShellhammer1
Higher timeframe view on $bnbIn this video i got over my views on $bnb from higher timeframe zoomed in to the lowertimeframes and how i see it trading. Long04:33by Mammontrading0
Binance Coin: a short reversalDuring the last two weeks BNB, as other major coins on the crypto market, benefited from the news on the banking crisis. However, the price of BNB, although on the up road, was still moving in a relatively steady manner. The coin headed toward the $350 resistance line, but it did not have strength to clearly test this level. Rather, the highest weekly level was at $345. The coin entered into a short reversal, finishing the week around $320 level. During the week, RSI reached the clear overbought side of the market, when it entered into a short reversal to the downside. RSI is currently moving around level of 54. This suggests that soon the indicator might move below the 50 line, and head toward the oversold side. This increases the probability that BNB might test lower grounds in the coming period. Moving average of 50 days slowed down its divergence from MA200, so now they are moving as two parallel lines. The Golden cross from a few weeks ago still holds. Market sensitivity about new news on banking contingencies still holds, in which sense, any surprises on this side, might trigger higher moves on the crypto market. In this sense, investors' precaution continues to be advisable. Still, in case that there are no surprises, BNB might revert a bit to the downside, at least to test the support line at $300. At this moment there is no indication that the price could go below this level. On the opposite side, BNB might try to test a short stop at $330 once again, before it starts challenging $350 resistance in another attempt.by XBTFX3
BNBUSD - BEARISH FLAG [1H TF] BNBUSD making Bearish Flag Pattern that signals the continuation of the downward trend once the temporary pause is finished. Entry point as Sell Stop at the break of the Flag Pole. Shortby wajahatarif2
BNB Short term trend : tensionBNB heavily subjected to news in the short term. The market is testing itself. For any trade position, keep in mid 2 safety resistance: - $317: week - $290: strong Testing the 337-345 has failed in the last couple of weeks. Yet we can see in the slow fall a potential bearish trend in line with the former push: - If this trend is broken (green line) BNB would likely test 317 and 290 areas. - If it follow the green line as bottom and breaks the top downtrend (top red line) BNB will go again testing the 333, 337, 345 areas. The uptrend to 350 was not sustainable anyway, the slow downtrend could well be healthy. Watch the news on BTC and BNB, lots happening recently, market is tense. My assumption: 317 likely to fails, if so, short above 310 and buy/buy back at 290.by balaupre0
bnb all the way to 403 only if!If the double top works out we can see these 403 levels.Longby ahmadwasay1
BNBUSD (4H) - Bullish breakoutHi Traders BNBUSD (4H Timeframe) The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 347.00 resistance level. Only the downward break of 328.90 would cancel the bullish scenario. Trade details Entry: 347.00 Stop loss: 328.90 Take profit 1: 358.20 Take profit 2: 376.30 Score: 8 Strategy: Bullish breakout Longby Avramis4
Binance Coin: stay alertedThe run of deposits from banks impact the ongoing surge in the crypto prices. Major coins gained the most, due to easiness of both funds deposits and possibility for transfers to other wallets. That was the winning combination during the previous week. BNB is certainly one of the coins with widely available infrastructure for both above-mentioned targets. Although the $300 resistance line had been tested at the start of the previous week, the price easily went to the higher grounds, ending the week modestly below $350 resistance. Based on the charts, the move is still not over, as it will need a few more days for existing funds in the banking system to be extracted and moved to the crypto market. This should be taken with a precaution, as it poses significant risk for the market`s move to the down side, when all speculative positions enter into profit-taking season. With the latest push to the upside, RSI went to the overbought side of the market. Usually it will be an indication that a short reversal is ahead, however, at this moment, it might take some time for such a move. The reason is that we still don’t know how much more money is pending to be transferred from banks to the crypto market. MA50 continued with its divergence from MA200, following the Golden cross that occurred a few weeks ago. Regardless of the positive developments during the previous week, investors and traders precaution is still necessary. This comes from the fact that too much funds were transferred in the crypto market within too short a period of time. The nature of these transfers is such that these funds are not there to stay on the crypto market. Withdrawals might start anytime, and with it, a drop in prices. BNB will continue to test $350 resistance, and in case that the market exhausted itself, then the price will enter into a short reversal, at least to $320. Whether the price might go higher from $350 it will depend solely on new deposits entering the market. by XBTFX2