BNBThe price is moving in a falling channel and has fallen to the lower border, so a bounce up or sideways movement to the upper border of the channel is possible. The nearest support and resistance levels are indicatedby PUMPmaps0
Binance Coin: slowing downSince the beginning of August this year, BNB was testing the $300 resistance line, but without market strength to clearly break this level. Same situation was during the previous week. Another attempt, without success, due to general market reluctance to enter into riskier assets due to an unstable macroeconomic environment. During the week the coin was moving between levels of $278 up to $300. RSI indicator tried to head to the upside, but at 62, the indicator reverted to the downside and to the level of 50. There is still no indication that the market is ready to head toward the oversold side. Moving averages of 50 and 200 days continue to move as two parallel lines with a clear down trend. The golden cross is certainly not in the store for some time in the future. Current charts, which are dominated by the significantly decreased daily trading volumes, indicate a potential for $250 to be tested for one more time. However, whether that will occur during the week ahead, is unclear at this moment. Small daily trading volumes would certainly not have the strength to drag the market to either side. In this sense, there is currently a high probability that BNB will continue to move in a relatively flat way, probably between $260 and $300. by XBTFX15
BNB long I would rather look for long than short on BNB.i was not able to cought BNB short. I was stopped out. My idea was to counter trade the trend, to at least take my short to a discount zone. The price action we see today was influenced by the announcement that the Binance chain has been exploited, which we as technical analyst know where the price will probably reverse. The reason for this dump is the sell stops which has been put below the short term low being triggered, therefore, the market was flooded with sell orders. This dump will surely short live. I will be looking for an entry around 282 and my sl will be around 278. if I got stopped out I will looking at the 270 or 268 for possible reentry.Longby Hydara_Futures0
Binance Coin - local trend break and weak resumption.At the moment, the chart shows the lack of demand after the breakdown of the trend line. Possible test of the buyer. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.by Artem_Dishel333
Binance Coin (BNB) - will the buyer bring the case to its logica A coin that wants to appear stronger than the market. On the daily timeframe we see a reversal formation. No offer, zero point spring with a test and subsequent transition into a trend movement. It looks interesting, observe. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.by Artem_Dishel334
BNB - potential mid-term uptrend continuationHello, The biggest and most popular exchange token continues to be relatively stable compare to the rest of the Top 10 coins. Moreover, the technical analysis on both the daily and weekly timeframes favors a potential uptrend continuation. The BNB/USDT pair closed the previous seven-day period at the mid-term diagonal resistance on the 1W chart and a breakout confirmation this week, combined with the fact it bounced back perfectly from the $260 support and completed a Bull Flag consolidation, might result in a 20 percent jump to the next resistance area (from the current price levels). This of course is if BTC and the overall markets condition does not worsen and supports a broader market relief rally instead. Additionally, the zone right below $300 is where the 21-period EMA and the last lower high sits, which can easily turn to be a rejection area for bulls. RegardsLongby FutureBlockchain1
Binance Coin: eyeing $250?Due to general negative macroeconomic sentiment, markets spent the previous week in a relatively flat mood. In such an environment, BNB could not make any significant move to either side, instead, the coin was holding close to $300 resistance, but far away from the $250 support line. The price range in which BNB was traded was relatively tight, moving between high-low spreads of $289 - $266. During the week RSI managed to cross the line of 50, but remained around this level. The markets are still not ready to decide on the future price trend. Moving average of 50 days has diverted from MA200 counterpart, postponing the timing of potential golden cross. Market insecurity over general trend is supported by central banker’s rhetoric on further liquidity squeeze from markets. This could further impact short price moves. Current charts are pointing that $300 resistance might be clearly tested for one more time in the coming period. There is also an equal probability for BNB to head to the downside and clearly test the $250 support line. by XBTFX13
BNBUSDT 4H: Possible LONG#BNBUSDT The market has the potential for an uptrend to 287$ SL 167$Longby IntelfinGlobal2
BNBThe price has formed an ascending channel inside a falling channel. Possible variants of price movement and levels of support and resistance are indicated. These MAs can become additional strong resistance/supportby PUMPmaps0
Binance Coin: prevailing buying ordersDuring the general drop in market prices during the previous week, due to negative macro fundamentals, BNB`s price was not significantly affected, as BTC`s or ETH`s price was. Such moves are implying a hypothesis that BNB`s base of investors is not so speculative in nature, like with other main coins. This might come due to the fact that BNB does not have huge swings in the price, which puts some confidence among investors that their investment in this coin would be protected to some extent. During the previous week the price of BNB was pushed down to the level of $258, however, the price swiftly reverted to the upside and finished the week around $280. During the last three days of the week buying orders were dominant on the market. RSI was relatively steady, moving between 39 and 50. Moving averages of 50 and 200 days slowed down with a convergence, continuing to move close to each other. For the last two weeks the $300 has been a clear target, based on the charts, and this level continues to be BNB`s target at least per technical analysis. Charts are strongly suggesting that resistance at $300 needs to be tested for one more time. This level would be a cross-line for BNB. From this point the coin will either move to the higher grounds, or it will be the final point of reversal to the downside. At this moment charts are not providing the clear answer. by XBTFX1116
BNBUSD - Double Bottom Along Uptrend BNB has formed a strong uptrend (dashed line) This line coincides with a bottom at the 0.786 fib For this to occur again we must see another small dip, creating the double bottom then the bullish rejection following. I have shown this with a green bars pattern. Downward channels can be drawn within relative bear markets by Bixley112
BNB we can get @ 140-150 levelAs we see from the top first it drop to 53% and in second it drop to 60%. As from history BTC (and crypto market) make buttom on November after the bull season so we can expect a Third drop of around mean of first and second drop i.e 55-56 % and in term of price we can see 140-150 level in BNB. BINANCE:BNBUSDTShortby Nayaks_trade0
BNB (BNBUSDT) - Rejecting off of Fibonacci and resistance!Short opportunity is available for BNB now that it has concluded it's relief rally. Looking at current PA, a short opportunity is available for those with the risk appetite. Lots of fundamentals today though so be careful, FOMC commentaries could cause upside. Shortby JamesSpindler5
Continue to be bearish on BNB bnb is broken Bounce back to short Follow me to take you to achieve financial freedomShortby wsbhua0
BNB daily line breaks bnb daily line has fallen below support It is expected to maintain a volatile downward trend in the short term It is recommended that you rebound to lighten up your positions or go short on rallies Follow me to take you to achieve financial freedomShortby wsbhua0
Binance Coin: another move toward $300 ?Although BNB started the previous week with a positive sentiment, moving toward the $300 resistance line, the second part of the week was under influence of macro fundamentals in the US, where the coin reverted back to the level of $264. BNB is finishing the week around $280 with emerging buying orders. Due to swings in price, RSI made a move from 55 down to 41. Charts are not clearly pointing that the market is actually looking at the oversold side. Moving averages of 50 and 200 days have slowed down with a convergence toward each other, still continuing to move very close. However, the golden cross will take some time in the future to occur. During the week support line at $250 has not been tested. Although the coin reverted a bit, after reaching resistance at $300, still the charts are showing that the coin did not finish with testing of this line. This increases the probability that the coin will move back to resistance at $300 to test it for one more time. At this moment, there is no clear indication that $300 might be breached to the upside. In case of a short term reversal, $250 might be tested again, but with decreased probability. by XBTFX17
ABC correction for BNB $260 or $242BNB to head to previous support if we get rejected from this area, possible target areas are $260 and $242 as levels of supportShortby CryptoFallen111
BNBUSD Repeating the April-May sell fractal. How to trade this.The Binance Coin (BNBUSD) has been correcting on the medium-term since the August 10 High, the rise that it posted after the June 18 Low. So far, it has retraced to the 0.5 Fibonacci retracement level. Having been rejected on Tuesday on the 1D MA50 (blue trend-line) following the main rejection on the August 10 High on the 1D MA200 (orange trend-line), it appears that BNB is repeating the fractal of last April - May. As you see on the chart, a 1D MA50 rejection on May 05, caused the price to break below both the 0.5 and 0.618 Fib to a new low on the 1.786 Fib. The 1D RSI sequences are also similar being both within a Falling Wedge pattern. As a result, if the price breaks below the 0.618, we'll consider it a bearish break-out signal, in which case you can target the June low. The 1W MA200 (red trend-line) is expected to provide the next Support. In order for us to turn bullish again, we need to see a candle closing above the 1D MA200, a trend-line that has been intact since January 20. At the moment the Higher Lows trend-line and the 1W MACD Bullish Cross (which is the first since October 2021) are in favor of the bullish case. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------by TradingShot1118
BNBUSDT - Ready to continue it's downside 📉BNBUSDT looks prepped to continue its downside towards 278 -> 271 -> 260 depending on the Fibonacci support levels shown. Shortby JamesSpindler6
Binance Coin: setting the stage for higher grounds?Previous week BNB started with a move to the lower grounds. The lowest level reached at the beginning of the week was $260, after which, the price of the coin was set for a move to the upside. BNB is ending the week modestly below resistance line at $300. Support line at $250 has not been clearly tested during the week, but neither the resistance line at $300. Range of moves between $250 and $300 has been dominant for BNB within the last three weeks. This might be one of the indications that soon the market might start to search for new levels for this coin. During the week RSI was pushed from level of 33 up to 55. Although level of 33 is quite close to the oversold market, still, it has not been clearly reached. RSI level of 55 is pointing that the market has crossed the line and is currently looking at the overbought side. Moving averages of 50 and 200 days are continuing with their convergence toward each other, indicating that soon it might end as a golden cross. During the last three weeks, the support line at $250 has been tested on several occasions. There has not been market strength to break this level to the down side, so the coin reverted to the upside. However, there has not been market strength to break $300 resistance, either. A week ahead BNB will start by testing $300 resistance. In case that prevailing buying orders continue, there is high probability for this line to be broken to the upside. Next level for BNB might be a short term stop line at $330. At this point, there is no indication that this line could be broken to the upside. However, if the market exhausts itself around level of $300, then it might be expected for BNB to revert to the support line at $250 to test it one more time. by XBTFX14
bnb 4hall we need is in the chart.bnb will be toch the last order block and will grow to supply by AMIR_AHMADI34302
Shorting BNB before ETH MergeI think the ETH merge has been priced in and a lot of EVM Chains are going to feel a sell off. I'm selling the news on this one and looking to see BNB, BTC and gang to trade sideways until midterm elections are over. Snipping shorts, but being careful not to be over leveraged incase of short squeeze. Shortby Derrick_Washington2
Binance Coin (BNBUSD): Breakout & Bearish Accumulation Binance coin was trading in a classic bearish accumulation pattern the entire August. The price finally broke and closed below its support yesterday. I believe that the coin will keep falling. Next support - 245 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️ Shortby VasilyTrader5511