BNB BNB mitigating orderblock (3) to moving upside. This order block was last support zone. Currently facing order block (1) resistance zone. Order block (4) is next support zone. Currently BNB Chart showing strong upside momentum. So BNB moving more upside possible.Longby rahulOffi0
BNB at Strong Support Bnb is at strong support. It may break the resistance of 600$ once it breaks we will see the bull candle by Kat-Crypto-Street10
Is BNB Due for a Correction or Continued Climb?BNB technical analysis update BNB's price failed to break its major resistance zone on the weekly chart. It still looks bullish in the weekly timeframe, and we can confirm the bullish movement once the weekly candle closes above the resistance zone. BNB's price could move sideways or slightly bearish before making a new high. 👀 Reagrds Hexa Longby HexaTrades1
BNBUSDT Elliott wave countAfter hitting 1.618 fib extension of wave ((i)) below 721.8 we are looking to the downside for wave ((iv)). Possible target 0.236 fib retracement of wave ((iii)) in the span of previous wave (iv). We are not excluding one more leg up above 721.8. by Cross10XSignalsUpdated 2
BNB: analaysis in D1📊Analysis by AhmadArz: According to the flag pattern that we saw the best reactions in the past, we can expect the same analysis from the chart at this time.🧨 Just keep in mind that there is a 10% chance of a fake breakout on each side of this horizontal trend.🚨 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!by ahmadarzUpdated 8
BNB BNB sweep the swing high (💀) to moving downside and holding this order block (3). If this order block was fail, BNB was moving downside. Order block (1) is next resistance zone. So some downside possible.by rahulOffi0
Binance Coin Ascending Channel Breaks; $372 Next Target➖ We have a very strong ascending channel pattern on the BNBUSDT chart. ➖ The fake bullish breakout early June is a failed signal. These two combined spell doom for this pair. Expect a major crash to happen now, after months of sideways which is when most traders lose money. Once a trend has been established, it is easy for traders to win. When the market is ranging, most people lose money and that's when it is recommended to stay out; exactly what we did. 👉 A move down is starting to develop; targets follow: 1) $475 is a strong support. 2) $372 goes next. These are high probability targets. It seems the recovery will be fast after the crash. Namaste.Shortby AlanSantanaUpdated 5527
BNB BNB sweep the order block (2) to moving downside. Order block (3) Is next buyside orderblock. But order block (3) was not high probability. Because BNB was bearish. Maybe mitigate order block (3) to moving some upside movements possible.Shortby rahulOffi0
✴️ Binance Coin Still Bearish; Short-Squeeze = 50% Drop!Notice that this is the same chart setup we used before; Binance Coin bearish potential remains intact. The bearish potential is intact because BNBUSDT is still moving within a lower high compared to 16-March. Notice that the peak is very close to Bitcoin's; What one does, the rest follows! We do have a volume breakout in the last two days and the MACD looks good but the volume is too low. (Mixed signals.) Here we might be too early but we have the other pairs as confirmation and the fact that this was a very strong and sudden move... Let's make it simple: ➖ Bearish below $650; bullish above. 👉 As long as BNBUSDT trades below $650 monthly, remain short. 👉 If BNBUSDT moves and closes above $650 on the monthly timeframe, we have to reconsider our bias and adapt to the chart and market. But right now the chart setup remains the same. Namaste.Shortby AlanSantanaUpdated 6618
BNBUSDT.1DIn this technical analysis of the BNB/USDT chart, we explore the recent price movements and key technical indicators to derive insights into potential future price actions. Key Observations: Current Price and Movement: BNB/USDT is currently priced at $594.6, with a modest daily decline of 0.78%. This movement suggests a potential consolidation phase after recent price activities. Support and Resistance Levels: R1 (Resistance Level 1): $644.8 - This level marks a critical resistance point that BNB needs to surpass to confirm a bullish trend continuation. S1 (Support Level 1): $494.3 - This is the primary support that BNB might retest if the current price level fails to hold. S2 (Support Level 2): Indicated on the chart but not specifically quantified, it represents a deeper support level that could come into play during a significant pullback. Technical Indicators: MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, which typically suggests bullish momentum. However, the proximity of these lines indicates that the bullish strength might be waning. RSI (Relative Strength Index): The RSI is near 49.85, around the mid-range, which indicates neither overbought nor oversold conditions, suggesting a balance in buying and selling pressures. Analysis and Conclusion: BNB/USDT is currently navigating through a critical juncture, as evidenced by the consolidation pattern near the $594.6 level and the approach towards a significant resistance at $644.8. The MACD shows a slight bullish tendency, but the closeness of the MACD and signal lines could imply potential shifts in momentum. In the short term, the ability of BNB to hold above the support at $494.3 will be vital for sustaining the current market sentiment. Should this level hold, it could provide the necessary stability for BNB to attempt breaking past the resistance at $644.8. Conversely, a break below $494.3 could lead to a test of deeper supports (S2), indicating a shift towards a bearish trend. Traders should keep a close eye on these technical levels and indicators. The consolidation pattern, combined with MACD and RSI readings, will provide clues on the likely direction of the next significant price move. Given the current balanced RSI, the market could tilt in either direction based on broader market sentiment or specific news impacting Binance or the broader crypto market. As always, incorporating stop losses and managing risk exposure will be crucial in navigating the potentially volatile movements of BNB/USDT.Longby MarsSignals0
BNB worth of investing?BNB (BNB) is definitely coin worth of investing because of their exchange and all projects on BNB Chain. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3 and 4 very soon, that could be year(s). I will sell most of my capital on targets 3 and 4. Small portion will be sold on Target 1 and 2. Entry Zone: 249-296 Buy Zone 2: 108-147 Target 1: 435 – 480 (48%) Target 2: 633 - 684 (112%) Target 3: 1026 -1087 (243%) Target 4: 1430 - 1470 (377%) Longby AbmoonUpdated 2211
Binance Coin Analysis: Bulls in controlBNB just made a new ATH in the recent month, and now I expect a slight correction before it rockets to new highs. The main support I have in mind is around $456, with the main target at $1,570 and an optimistic target at $2,040Longby farhadnmd6
Is Binance Coin Breaking Out of its Bearish Pattern?📊 According to the buying pressure in the market, if the $610 range is broken and the price stabilizes above it, the price may increase to the $625 range🎯, and in the case of strength, the $650 range🎯🎯. 📊 Otherwise, the price may fall to the range of $575.Longby arongroups6
BNBBNB mitigating orderblock (2) to moving downside. Currently facing order block (3). BNB was bearish. But the chart showing some upside rally possible. If order block (3) was fail, BNB moving downside. If order block (2) was fail, BNB moving upside and taking Inducement (💎) to moving downside is high possible.by rahulOffi0
Binance Coin (BNB): Possible Crash of BNB/USDTBinance coin is back inside that tight triangle formation after forming a fake breakout attempt on the upper zones. As we are back at the formation, we are now looking at both 100 and 200 EMAs, which are the next zones that will be re-tested. As soon as we break down from the formation, we might enter a freefall zone! Swallow Team Shortby SwallowPremiumUpdated 5
BNB MonthlyBullflag & restest of M value areas,beneath M POC.BNB is trying to find acceptance in the entire Value Area of the M Bullflag. It took out most of the break out levels stops and is now back in the that range, 5 m falling wedge into 5 OS for an H HL was my attempt but got stopped out. I got stopped out of my M SWING the last few days. attempting a daytrade reentry with clear stops under this H level. next is 15 OS for a 4h HL . next is BTC D OS and then try BNB for a M bullfalg reattempt into summer. by ChartmanChris0
Binance Coin is nearing 540 support zoneHey Traders, in today's trading session we are monitoring BNBUSDT for a buying opportunity around 540 zone, BNB is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 540 support and resistance area. Trade safe, Joe.Longby JoeChampion6
BNBUSDTBNB analysis Weekly and 12-hour timeframe I expect the price to move towards higher targets after the correction to the 12-hour supply area. If I lose the 12-hour demand area, I expect the price to return from the weekly demand area.Shortby m0neyminer0
Long trade Mon 8th June 24 13.30pm New York Session Entry 605.02 Profit level 612.17 (1.18%) Stop level 602.03 (0.49%) RR 2.39Longby davidjulien369Updated 3
Long trade Observation 10th Jun 24 Downside trend anticipated to bounce at 598.05 Support level 1Hr TF New York Session Entry 676.51 Profit level 676.51 (13.12%) Stop level 584.87 (2.20%) RR 5.35Longby davidjulien369Updated 6
BNB: Pullback in UptrendTrade setup : Price is in an Uptrend. It broke out of an Ascending Triangle and above it's ATH of $692 from May 2021. It reached $720 but got overbought (RSI ~ 80) and pulled back on some profit taking. This pullback near $600 level is an attractive swing trade entry in Uptrend with +15% upside potential back to $700. Stop Loss (SL) level at $580, just below prior swing low. Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3. Trend : Short-term trend is Down, Medium-term trend is Strong Up and Long-term trend is Strong Up. Momentum is Bearish ( MACD Line crossed below MACD Signal Line) BELOW days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $500.00. Nearest Resistance Zone is $720.00.Longby altFINS334
Buy bnb right now If you look at the bugger picture you would notice bnb is still in an uptrend movement. It got to my order block. I went down to my 15 minute time frame for a change of structure to the upside. I did set an order block also on 15 minute when it got there my order got executed so right now am on buy.Longby obedious5
A sad story for crypo is right around the cornerFrom my previous post where I started out having a bullish tunnel vision it actually ended up with me continuing to short bitcoin and make a really good ROI. Now that bitcoin has been gotten rejected from a strong resistance zone and has also created a big descending triangle I think BTC is ready to rip to the downside. It is currently backtesting the resistance zone from the descending triangle but when it is ready to continue the pattern I think we will go down fast. The next support zone will then be between roughly 57-59k USD. That would be a 10% drop and in my opinion it could be the beginning of the bear market already. According to pattern recognisation and fractals it is fully possible that we will see that 70-80-90% drop much earlier than previously thought. The RSI on weekly is extremely overbought and the MACD has also flipped bearish here. This is signs we should take to consideration when trading btc. Whatever happens with bitcoin I will try to make my own profits by shorting BNB since it both follows the same principles and it is known that most of the other coins follow the bitcoin price in some sort of way. The technicals are looking beautiful for shorting BNB as it looks right now. We are getting a rejection from a key resistance level on the weekly, the MACD has just flipped bearish and the RSI has been extremely overbought here too. I think it is very likely that we will move rapidly towards the 180-260 USD support zone. Some consolidation down at this level would also be good to look at. That is at least what happened last time we dropped down there. Whatever happens I will make sure to risk free my trades and move the stop loss downwards as the price moves down. As long as it is technically possible. I also think gold soon will lose a lot of its value but I will write that in another post. Have fun trading guys and thanks for sharing your opinions! Shortby Madmantrades552