BNB has indeed revisited the predicted support level, confirming the bearish breakout. This support level holds significant importance, as it has previously acted as a strong buyback zone for BNB. Additionally, there is an identifiable trend line connecting the higher lows, which is currently serving as a support level for the price. These factors suggest that the...
SEC suing exchanges right & left . SEC sued binance & Ceo of binance for operating illegal business in US ! Price of BNB Dropped 16% following on this news !! Technically if we see #BNBUSDT chart its forming #BearFlag on Weekly time frame and now the price of BNB is at $260 and its breaking the trendline of the channel ! if weekly closed below the channel we can...
By checking the #BNB chart, we see that the price has entered the liquidity pool below the level of $265 and the initial reaction is probably positive, but I expect the price to drop to the range of $245 to $220 soon! The important supply level is from $273 to $286! Observe the specified ranges on the chart! Don't Forghet To Push The Boost (Like) Button and...
Hi Guys , Hope you well Dear traders, as I said in the previous analysis, the price dropped almost heavily with the news about the complaint against the Binance exchange. Now I expect the price to swing down to the green box. I remember that according to the news, the price can stay in this box for a long time and I expect it to move towards...
After the first price target was reached: It`s the 4th time since the major selloff to $183 when BNB Binance Coin faces the $335 Resistance level. I think it will be rejected once again and head to the $276 Support. I`m opening a short position here. Of course, not financial advice, just my own risk. Looking forward to read your opinion about it.
Consolidating In Bearish Flag In 3 days tf Incase Of Breakout expecting Move Towards 220 top 230$
BNB has recently confirmed a bearish breakout below the trend line on the daily timeframe, accompanied by strong selling pressure. As a result, there is an expectation for the price of BNB to revisit the support level near $260, which holds significance and should be closely monitored.
📊 #BNBUSDT ⏱ TIME: 1D 📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future. 📍The initial buying limit: 264$ 📍The second buying limit: 196$ 📌TP1: 346$ 📌TP2: 460$ 📌TP3: 646$ 📌TP4: 1000$
• I am still expecting BNB to make a lower low. However, it looks as if a relief rally is in the cards for next week. We need to watch out for the ISM services PMI announcement tomorrow (June 5th) but otherwise I think we are short-term bullish. • Following BNB’s PA, you can see that the 308 USD horizontal level is meaningful. I mean that if it flips to...
Hey traders, looking at the price action of Binance Coin to the U.S. Dollar on the daily time frame, it’s clear we can see higher lows from the ‘market bottom’ last summer during the 3 Arrows capitulation event. From here, we saw a higher low from SBF’s capitulation event and from here, we created this parallel trend that’s been held on this most recent swing...
As we can see in this 2H chart BNB has reached significantly lows. It is expected that it will bounce back easily at $308 and after that we might experience a move to $313. At that point a new analysis is needed in order to predict the next fluctuations. This uptrend totals to 2.4% gains for anyone that will enter and exit at those prices.
“A bear market starts with greed, followed by confusion, sells on fear and ends with hopelessness” - By me! 'Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria." - John Templeton Apply this bear to bull transition with good market sense because some of the bears went into hibernation, not able to wake up at all, for...
Five years after its exit from the Japanese market, Binance has launched plans to transition its Japanese subsidiary to a new platform. binance will begin building a new, fully regulated subsidiary in Japan. This follows Binance's acquisition of regulated cryptocurrency trading platform Sakura Exchange Bitcoin (SEBC) in November 2022. As part of the deal, SEBC...
Hi folks today I'm prepared for you BINANCE COIN analytics. At the beginning of last month, the price rebounded from the mark 300 and rose to the level of 350. After re-testing the resistance, the price began to fall. Binance Coin made a deep upward correction, re-tested the trendline and continued the downward local trend. After reaching the level 301.5, the...
Hello traders, I want share with you my opinion about Binance Coin. Watching the chart, we see how the price made a fake breakout of the seller zone and began to fall. Binance Coin broke through the level 316.5 and, after a small correction and a test of the current resistance level, continued to fall. Below, the price formed a support area 302.5-301.5, which was...
Hi Guys Hope you well, Umm , First for better idea please check my last analysis of binance-coin . It moved exactly like the road map. But according to the price of Bitcoin, it might be another scenario will take place. please check both scenario and do the best . SecondChanceCrypto ⏰25/May/23 ⛔️(DYOR) always do your research. If you have any questions, you...
BNB exhibited a notable range-bound behavior throughout the previous week. Subsequent to breaching the upward trend line, the value of Binance Coin experienced a subsequent decline, retracing towards the dynamic resistance level and approaching the previous lower range. Nonetheless, the $300 range retains its significance as a pivotal support level in the medium...
Binance Coin bounced off the support level. Asset broke through the descending trendline. Bullish movement to resistance level at 328 is expected to happen.