Hey 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.
After 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.
Hello Traders and Investors, today I will take a look at Binance Coin . -------- Explanation of my video analysis: Back in 2020 Binance Coin created a decent bullish break and retest of a horizontal structure which was followed by a rally of 10.000% towards the upside. After this rally, which ended in April of 2021, Binance Coin has been trading sideways...
Everything is pumping and rising soon, US500, EURUSD, GOLD, BITCOIN ETC It is a coin of a major crypto exchange and definitely a good choice. The crypto industry is in its infancy Only up!
The BNB/USDT daily chart demonstrates a recent bullish momentum, with the price reaching as high as the R2 resistance level at $724.8 before experiencing a slight retracement. Currently, the price is near the S1 support level at $625.1, which is acting as a pivotal area for potential future price action. The Moving Average Convergence Divergence (MACD) indicates...
BINANCE:BNBUSDT (1D CHART) Technical Analysis Update BNB is currently trading at $676 and showing overall bullish sentiment sentiment. Price is currently retracing back to strong support. i think this support will hold and bounce back from there. We can enter a trade at current price and then DCA at lower price. Entry level: $ 676 Stop Loss Level: $...
The world's largest crypto exchange by volume, Binance continues its push into the embattled crypto mining industry with a plan to begin offering a crypto cloud mining product next month. crypto miners have had a tough year, with the price of bitcoin having hung around $20,000 for months, a far cry from its peak above $68,000 in November 2021. Other cryptos have...
BINANCE:BNBUSDT Binance coin / BNB has recently made a new ATH 💥🚀 And the price doesn't seem to be ready to turn around just yet. How can we gauge the next possible targets AND retracements for BNB SHORT TERM? 1) Bollinger Bands Bollinger Band Strategy is excellent to use on lower timeframes, especially when combined with Fibonacci zones. The yellow dot basis...
Binance Coin (BNB), the native token of the Binance ecosystem, is currently displaying bullish signals across technical charts. This positive trend suggests a potential continuation of price growth shortly. Cruising Above the 100-Day SMA: One key indicator of BNB's bullish momentum is its position above the 100-day Simple Moving Average (SMA) on the 4-hour...
My analysis on BINANCE:BNBUSD Detailed chart 📉📈 provided Every move I will update under this post 🤠 Make shure saved / follow updates on my post of BINANCE:BNBUSDT Just boosting 🚀 give support 📌 Soon i will update complete idea 💡 🧵 👉
Hello 👋 it's me your RAJ 🙂 professional trader ✨ This idea 💡 is completely my own analysis to explain situation _&_ market conditions of BINANCE coin 🪙 How this coin valid for long term 📌 including fud & news 🗞️ explained clearly 📌 #DYOR Key 🗝️ points 👍 👉 here previous basic analysis on BINANCE:BNBUSDT clear observation chart 📉📈 👉 if highly impossible...
Considering the HLs on the chart and the bullish mCH on the chart and the breaking of the trigger line, we can have a bullish view on BNB. If there is a pullback on the green range, we will look for buy/long positions. The target is clear on the chart Closing a daily candle above the invalidation level will violate the analysis For risk management, please...
BNB has been oscillating in a wide channel since Feb last year (2021); almost ideal situation for swing traders. Now, since last Jun, BNB started a upward (impulse) wave and recently broke a major downtrend line, and now an inverted wedge as a correction pattern is almost finished. Can we see BNB reach the upper line of the channel? or even break the channel and...
💰 CRYPTOCAP:BNB is trying to fix above the Monthly Supply Zone💁♂️ Even if it's a correction case I am not looking for #BNB to go below Monthly Supply Zone 📈Our Mid-Term Target: 908$ BINANCE:BNBUSDT LEAVE LIKE AND COMMENT FOR SUCH MORE UPDATE ☺ #CRYTOEASE
Analyzing the daily chart for Binance Coin (BNB) against USDT, we observe a significant price consolidation over the recent months. As of the latest data point, BNB is trading at $629.7. The chart is marked with several key resistance (R1, R2) and support (S1, S2, S3) levels. Resistance Levels: R1 at $649.1 and R2 at $724.8. These levels have served as strong...
In the daily chart of BNB, it is observed that the price is testing the bottom of the ascending triangle formed at the price range of $580. The significant resistance level is at $632, which, if broken, can be seen as an indication of the continuation of the upward trend. Breaking the support level at $580 could lead to a further decline in price to lower levels.
The native coin of the crypto currency exchange Binance ( CRYPTOCAP:BNB ) price has been in a close consolidation phase for nearly 13 weeks. With each passing daily candlestick close, CRYPTOCAP:BNB gets squeezed more, suggesting a steady decline in volatility. These types of continuous consolidation in price actions are usually followed by a massive breakout,...
My BNB plan for the next couple of weeks If a breakout happens, we could see a $1000 target! But be cautious: if it breaks down below $575, we might see $400 levels.