Further downward pressure possibleBNB is looking to break further down, currently on the LTF it it looking like a bear flag continuation, before the big leg down possibly!
BNBUSD trade ideas
BNB price will collapse back to the $50 level in...Binance is on the verge of a complete and utter collapse. Much like the Luna collapse and the demise of FTX, Binance will be following in the footsteps of the aforementioned crypto scams. BinanceUSD will go to near ZERO as well. I firmly believe that Binance will go down as the biggest fraud in crypto for decades.
Avoid it like the plague!
I will be shorting this worthless ponzi scheme into the ground!
BNB 2days/candle Binance Ponzi 50% correction🔸Hello traders, let's review the daily price chart for BNB today. Prior strong downtrend
conditions then compression into rising wedge in downtrend signals further losses.
🔸BNB CZ took down FTX previously, however as a domino effect now Binance is
under heavy scrutiny by global regulators and SEC in US. Things are not looking good
for Binance and the Ponzi BNB token, previously artificially inflated by CZ/Binance
manipulations is under heavy sell side pressure. expecting 50% correction.
🔸Recommended strategy for BNB/Binance bears: Short the Ponzi token at market,
after breakdown of rising wedge we are hanging by a thread near 200/220 USD, once
this final S/R is broken, free fall mode until 130/140 USD, expecting a waterfall dump
and deflation of the artificially propped ponzi BNB. final TP bears is 130/140 USD.
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BNB Short-Term Vision !Hello Guys 🙌
Let me tell you something clearly.
it's not financial advice. it's just my vision of the chart of BNB.USD
I wanna share this vision with you. That's all.
Please read it carefully and tell me what you think.
As you see the main trend is still bearish. because we are under the Komo cloud.
The price is far from Kijun-sen.
As we know the price is so eager to be close to Kijun-sen and because of slowing movement In Kijun-sen, the price should be waiting to reach Kijun-sen.
So, we can expect to reach the price of 225-230 USD and then the next scenario will be activated.
So after that, we have to wait for a negative switch between Tenken-sen and Kijun-sen which can lead to further drops.
I specified the short-term target. after breaking the triangle to the price we expect to move. we have two targets. the first one is a Yellow arrow and the second one is a Red arrow. (The last swing)
The main support Zone of around 180-185 USD is everything for Binance coin. I hope Binance Coin never loses this zone. if the price loses that, everything will change for Binance coin and all the market.
Do you agree with me?
do you think Binance coin will lose the main support one and drop?
please do not forget to Like, share, and write your comments below the link.
I'm so eager to know what you think.
and what's your favorite movement in Binance coin?
Share your thoughts in the comments 🙏
Don't Forget To Push The Boost (Like) Button and Follow Me for more!
Best Regards , Ho3ein.mnD
BNB Binance Coin (Long Term)Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Today I want to talk about BNBUSD
Before that, I want to remember It's not financial advice.
I'm just sharing my view and opinion of the chart. Please do your own research.
As seen on the chart The price is in the Support zone and I expect the price to react to this support again. But if the price loses this support zone everything will be difficult and the situation will be changed.
This causes a drop in the market, which, as you know, can lead to a FUD in the market. so I expect we lose the first support zone at around 185 USD and move to 60-70 USD and if the second support zone one cannot support correctly the last support is almost 30 USD It's a fabulous zone to buy and Hold BNB for a long time.
We will never see this price anymore. In other words, I have to say BNB has a very high target in a bull market. Buy BNB and Enjoy
Please like, follow, share, and comment if you enjoy this Idea, Also share your ideas and charts in the comments.
Wish you health and wealth.
I hope you will fulfill your ambitions.
Sincerely Yours
📈 Crypto Update: BNBUSD Analysis! Brace for BNB Correction? 📉A correction is anticipated for BINANCE:BNBUSDT , with a potential target of up to $275. The trend for BINANCE:BNBUSDT is bearish, and if it fails to surpass $275, it becomes a selling point with a target of $38. However, if BINANCE:BNBUSDT surpasses $275, its initial target becomes $316.
Short BNBRange within Range potential daily bullish divergence forming. A diagnoal trend line is being respected T1 range low then T2 daily range low is the next target. Clear invalidation breakout and reclaim diagonal. there is a potential of a pullback since we are trading at RSI oversold.
BNB to 50$/// Market crash soon /// The next level for BNB can be 50$. This will crash all crypto market.
BNB(based on NEo wave)The second way that I think is this triangle and it is easier for trade and investing so use your strategy , but I think ETH is better for investing.
BNB(based on NEo wave)I think this complicated correction has 2 ways to show itself, first is bow tie correction and the second is triangle but actually I prefer ETH for holding.
Will $200 Support Propel Binance Coin's Comeback?BNB's resistance trendline dictates its recent price dips.
Binance hovers at $200, with a morning star pattern suggesting potential reversal.
A trendline breakout could signal a robust recovery in BNB price.
Post breaking the $300 mark in June, BNB consolidates between $230-260, later impacted by market FUD.
Persistent resistance at the 50-day EMA pushes BNB below the $230 support.
A hopeful turn at the $200 psychological mark: Signs of buyers returning with the emerging morning star on the 1Day chart.
A 38% decline in 4 months for Binance contrasts with a 2.28% intraday price boost.
Key reversal hinted with the morning star at the significant $200 support; yet, BNB needs to bypass the resistance trendline for genuine recovery.
Technicals: Stochastic RSI and daily RSI are set for a rebound from oversold conditions. Still, the bearish 50-day EMA, aligned with the resistance trendline, heightens bearish outlook.
If buyer strength persists, $200 emerges as an optimal BNB buy
point, with potential to reach $230 before hitting more resistance.
On the contrary, a dip below $200 could intensify BNB's correction, possibly plummeting to $185.
Once again, beware of going downSo far, the price has been moving for a period of 419 days in a large cross area, and this indicates the direction of the discharge and not the consolidation, because the previous drop from the top has not ended, and it must take place in the form of three downward waves. It is going sideways for a period of 419 days.. It will end soon and the strong third bearish wave will be created in order to end the historical correction of the currency and start the rise of a new impulse when the bottom is formed in the shaded area below
Good luck
BINANCE - Do NOT Miss This Trade! Binance is shaping up really nicely.
We are in wave X correction = 335 flat correction. Looking for wave C now. We may break below the structure in which case it will be an expanded flat correction. Entry will remain on trendline break.
Trade Idea:
- Entry on break of red trendline
- Stoploss below the lows after trendline break
- Targets: 300, 395
Goodluck and as always, trade safe!
Binance Short. Is it over? BNBA lot of rumors, a lot of BNB FUD.
Will CZ be holding up the 4, while price avoids collapse?
or will 4 be the new price of BNB?
Find out later this year.
BNBUSD 50 % drop - BewareBNBUSD got rejected at the strong resistance level. We expect it to have a short term bounce together with the whole market and if we retest the strong resistance level again, it will the most likely get rejected .
50 % drop coming. Beware
The problem is that it went very parabolic in the bull market and there´s no much support so if we break our support zone, we can go much lower.
If we have some heavy FUD related to Binance exchange, it may drop to 50 $ or a bit lower and it would be a a great opportunity to buy at those low prices. However, it´s not very likely in our opinion .
Good luck!
Mystery Chart!!!! Time for another "Mystery Chart" !!!!
Enough shares and likes and I'll let you on this little gem I found.
They don't come by very often...
Have a great weekend guys!
Look this viewNice view right ?
3 million and some %
It makes no sense
Can even go back on $30
That wouldn't surprise me...
Will BNB bounce to $250?
BNB coin price breaks below the rising channel support trendline.
The fallout rally challenges bullish dominance at the $230 support zone.
A breakdown below $230 could crash the BNB price to $200.
Altcoins mark a third bearish day this week, leading to a 5.78% drop in BNB in the last 8 days.
Failure to rise above the 50-day EMA and $250 leads to a rising channel fallout.
Binance coin price shows a 3.62% drop in the last two days, with increased trading volume.
The crucial support zone of $230 may provide a reversal spot, with the possibility of a retest as sellers get exhausted.
Technical indicators like MACD and RSI show increased bearish sentiments.
If buyers absorb the supply pressure, $230 could be a bounce pad to reach $250.
A closing below the support zone could mark an intense correction phase, prolonging the fallout rally to $200.
A bull market is more likely than a bear market in cryptocurrencWishing you a fruitful week
I would like to share with you two ideas that I have developed using the Elliott Wave Principle.
For more explanation, refer to the attached chart.
Friends, if you like, you can refer to my previous analysis. I must mention that my understanding of the Elliott Wave principle is based on my personal experience, and while I am still learning, I hope to provide better analysis in the future.
Your continued support is greatly appreciated and I look forward to our mutual success.
Sincerely (Mr. Nobody)
Go up and Never Stop.
BNB CRAZZZZY 1:50RR TRADENot for the faint hearted!!
1:50 rr BNB LONG trade!!!
Entry - 139
SL - 137.6
TP - 309
Major trend line that will either break or hold!
DO OVER LEVERAGE or over size your trade!
#DYOR #NFA #USEAF**KINGSTOPLOSS
LONG BNB RISK 7% RETURN 30%ITS EASY TO SETUP THE TRADE
Beacause the risk of trade is 7% before it break down.
but if we true, we can take more than 30% profit
keep it simple!
CRYPTOCAP:BNB
