The daily chart for BNB is maintaining strength, however it struggles to break $594, the key daily resistance. A bullish break-out of this level is needed for Binance Coin to move towards $656 and higher towards $700 region. A sustained price action below $594 could confirm weakness, potentially triggering a bearish momentum targeting $543, however price action...
📊Analysis by AhmadArz: 🔍Entry: 584.1 🛑Stop Loss: 580.7 🎯Take Profit: 587.8 - 590.6 - 594.3 🔗"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!
The daily chart for BNB lacks the momentum and is lingering around $594. A bullish Bitcoin can push BNB through this key daily resistance, however a reversal in BTC.D will be a game changer for Binance Coin and we will see the next bullish rally towards $700. A n inability to break through $594 will lead to a weakness with a bearish momentum targeting $543.
BNB still resides in the bullish zone in the H4 chart. 1. A bullish breakout of $603 sets Binance Coin on course for the $619 region, possibly prompting a temporary pullback. 2. A strong rejection of $590 steers the price towards $619, potentially extending to $646-$658. 3. Inability to sustain price action above $590 may induce sluggishness and...
CRYPTOCAP:BNB is forming a beautiful triangle I inicially thought it would form a parallel channel, but no, as you can see the channel is still on chart (in yellow) Breakout from this triangle will give us 27% from today price Expect some more downtrend for a few days before the breakout, as the Detonator indicator (purple) is riding on top of oscilation
Binance Coin is in the bullish territory in the H4 chart. A bullish break-out of $603 will offer more upside towards $619 where the price action will be key. A re-test of $590 followed by a bullish rejection will lead to a bullish move towards $619 and, possibly, higher to $646-$658. An inability to sustain price action above $590 will result in a range-bound...
Logarithm. Time frame 1 month. Idea for understanding the main trend, secondary trends. Zones of accumulation and distribution of this asset of the most liquid and popular exchange (this is the main thing, the direction of thinking of the masses on a scale). Setting trends in the crypto market. This is how the trend of this crypto coin with its own blockchain of...
Hello Traders and Investors, today I will take a look at Binance Coin. -------- Explanation of my video analysis: After the beautiful break and retest on Binance Coin back in 2020, we saw an insane rally of roughly +10.000% towards the uspide. Then BNB topped out in the beginning of 2021 and created a descending triangle formation. We saw a bullish breakout...
The news of Binance's billionaire founder, Changpeng Zhao, being sentenced to four months in prison after pleading guilty to charges of enabling money laundering at his crypto exchange could potentially trigger a selloff in BNB. This development raises concerns about the governance and regulatory compliance within the exchange, which may lead investors to...
Binance's CEO Changpeng Zhao has been sentenced to four months in prison. CZ Set to Spend Four Months in Prison After pleading guilty to one count of violating the Bank Secrecy Act earlier in November 2023, the former Binance CEO in the person of Changpeng Zhao was sentenced to four months in prison by Judge Richard Jones for failure to establish robust...
A very nice chart of #bnb #binance coin for the tutorial of Bart Head Pattern aiming orange box. Crushing 700 #usd is invalidation. Not financial advice.
In the 4-hour chart for Binance Coin (BNB/USDT), BNB is trading within a range, with price action fluctuating between support and resistance levels. The resistance (R1) at $652.6 represents the upper boundary of the range, while the support (S1) at $496.1 acts as the lower boundary. There's an additional support level (S2) at $349.9, marked by earlier price...
BINANCE:BNBUSDT BNB has created a bullish pennant pattern which means It's about to do a bullish movement which is great for bulls. The break out has not happened yet. When it happens the price shall increase as much as the pennant's pole. Note that there are 2 resistances along the way. One sits around 630$ and the other is around 670$( big resistance which...
The Binance Coin (BNB) price is attempting a fresh rally, buoyed by a surge that surpassed the crucial $550 resistance zone. This positive momentum has ignited optimism among investors, with analysts suggesting a potential extension towards $630 and beyond. Breaking Through Resistance: A Bullish Signal BNB's recent price action hints at a bullish resurgence....
The overall trend for BNB is bullish. After forming a bullish pattern known as a running flat, the price of the currency has experienced a significant rise. Currently, the price is fluctuating within a blue-colored range, and if it breaks out of this range, the price could change by the width of the range.
📊Analysis by AhmadArz: 🔍Entry: 535.7 🛑Stop Loss: 519.7 🎯Take Profit: 548.9 -569.8 🔗"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!
On a daily timeframe, we have drawn an ascending trendline and are witnessing the formation of an upward pattern known as a running flat. After this pattern was formed, the currency experienced a significant increase and is currently undergoing price and time corrections. Previously, we had mentioned the possibility of forming a triangle pattern, the upper side of...
📊Analysis by AhmadArz: 🔍Entry: 606.4 🛑Stop Loss: 598.2 🎯Take Profit: 614-623-633 🔗"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!