BNB is trading at $316, and it seems to be stuck in a range between the 0 Fibonacci level at 305.8 and the 0.5 Fibonacci level at 319. The current RSI of 48 is pretty neutral, so we don't have a clear indication of where it might be headed next. However, there are some other technical indicators that we can look at. BNB's Bollinger Bands are pretty interesting...
MANA recently broke out of the daily descending trendline and the 4h minor trendline, as you can see on the chart, finding support at 0.29, it is trading above the SMA 200 and in my opinion it is a great entry at these levels, with a great risk reward. Thecloser you can buy near support, the better. We are in a clear Uptrend now.
The MASKUSDT has a lot of strength right now, in addition to the buying volume that has increased in the last few days, we can see that it brokeout the triangle and the SMA of 50 and the SMA of 20 on the daily timeframe, in addition to that it made a bullish engulfing exactly at the bottom of the triangle, confirming the signs of a rise in that zone. At the moment...
So to put the whole picture together: -BTC chart looks due for a juicy pump -COIN looks due for a juicy pump -BNB looks due for a nasty drop off (based on the chart- the channel charted, specifically)- yet they'll blame it on the sudden "news story" -US Banks look set to fail (based on the charts), and if/when they do, they'll claim that that is why BTC is...
Binance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”. This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week. Binance is responsible for 61.8% of the global crypto trading. Its...
During the last two weeks BNB, as other major coins on the crypto market, benefited from the news on the banking crisis. However, the price of BNB, although on the up road, was still moving in a relatively steady manner. The coin headed toward the $350 resistance line, but it did not have strength to clearly test this level. Rather, the highest weekly level was at...
Bnbusdt Support can be retested once again, if the interest of buyers is seen on support, BnB will definitely fly. But for now be careful and show patient. I am expecting a correction to 290-270$. Remember: We only give Idea's from our experience and knowledge, it does not mean that it will be 100% correct, the market is always unpredictable, anything can...
Let's take a look at Binance Coin (BNB) and what the current price of $331 tells us. Looking at the Relative Strength Index (RSI), we can see that the asset is getting close to overbought conditions, but it hasn't quite hit that danger zone yet at 68.80. However, we also see some bullish signals as BNB is trading above the Daily EMA 100. Now, let's dive into some...
All the markets, they all move in cycles. They move up and down, up and down... Look at the volume... It goes lower and lower before the final drop. As the drop is happening bear volume starts to increase and it ends with strong bull volume showing up. You don't see this type of volume when prices are set to grow. We are now looking at Binance Coin's...
BNBUSD is trading inside a Triangle pattern since May. The price is at the moment very close to the Triangle's Top. Trading Plan: 1. Buy if the price breaks over the Triangle' Top. 2. Sell as long as the price trades under the Triangle' Top. Targets: 1. 398.0 (Resistance 1) 2. 270.0 (1st Rising Support of the Triangle). Tips: 1. The RSI (1d) about to break...
Hello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the Binance Coin re-tested the seller zone, from which it begin to decline and broke through the support area 324-319. Price continued to decline and formed the downward wedge. We can also see how the price broke through the resistance line of wedge, resistance...
BNBUSDT (1W Chart) Technical analysis BNBUSDT (1W Chart) Currently trading at $315 Buy level: Above $320 Stop loss: Below $250 TP1: $390 TP2: $460 TP3: $520 TP4: $690 Max Leverage 1x/Spot market Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
The bull run that happened to crypto affected almost all assets. FIB61.8 has acted as resistance to BNB and I think the fall may go south to hit $300 once more FOLLOW, like, comment and share
Remember those article where I predict Binance Coin (BNBUSDT) at $500+? We are perfectly on track, I will list the trade idea at the bottom, "Related Ideas". This week Binance Coin resumes growing with force and moves above EMA50 and EMA100 after a strong higher low/DragonFly Doji. ✔️ Bullish MACD, bullish RSI, rising Volume, Time To Go Up! Everything is...
after BTC bulls have successfully defended the 20k support level and bounce back. Bulls also breakout the 200EMA resistance on the daily chart and be so close of the neckline level on the chart u can see the most possible scenario from my vision... let me know your opinion in the comments i see btc may visit the 22k level again before another bullish and...
Silvergate Bank, Silicon Valley Bank, FED Chair Powell and inflation issues were too much information for a one week for markets to handle. General negative market sentiment made an impact on all coins, where BNB lost less than 5% in its cap during the single week. It should be noted that for the last three weeks BNB was loosing strength due to negative news...
Why do I expect price to move below 184 USDT? Firstly, let's look at the chart. What can you can read from the chart? Price has been in a range for several months. Price is below local PoC. Gap between 48 and 205 USDT (no major support). What do I expect will happen based on my readings? Price is currently in a range below local PoC. I believe that...
Looking at y chat and technical analysis, I believe that following the double-top pattern, Ethereum is going to lose some USD to hit $1500. Also, $1460 is also one of my targets.. it may even go lower, but for now.. lets target $1500 anything is possible in trading, but this is what I think will happen. please, follow, like and comment