Based on the provided market data, the BNB/USDT pair is currently trading at $232. The Relative Strength Index (RSI) for the 4-hour chart is at 33, indicating that the asset is nearing oversold conditions, while the Moving Average Convergence Divergence (MACD) is at -3.2, suggesting a bearish trend. However, the Bollinger Bands (BB) at 266 suggest that the asset...
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 A few days ago price entered to rising channel, where it reached $235 level, which coincided with resistance area. After this, price exited from channel, broke this level, and started to trades inside flat, which it rose to next resistance level. BNB failed and...
The BNB crypto token is creating quite the bustle within the cryptocurrency universe following Binance’s recent money laundering probe. Simultaneously, a significant whale activity caught the eyes of crypto market enthusiasts as it accumulated notable amounts of BNB as of today, November 22. The whale accumulation of BNB comes after Binance’s settlement with the...
If you have`t sold the Bearish Pennand doubled by fundamentals here: or The Next FTX article: Then: Binance Founder Changpeng Zhao to Step Down and Admit Guilt! The CEO of Binance, the world's largest cryptocurrency exchange, is set to resign and plead guilty for violating U.S. anti-money-laundering laws, as part of a deal aimed at allowing the company to...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ The week certainly turns out to be powerful for events, and the market reacts accordingly... Let's start from the beginning: technical analysis on the BNB chart shows a double test of the global countertrend line, and so far everything...
Currently, BNB is trading at strong resistance and showing a reversal. This may be a retracement of the last fall but if it holds this then we will see a strong upward move in BNB price. We may see some good news soon about BNB or Binance that will push its price further up.
It's been a while since BNB has a lot of margins. Have a look at the BNB chart. Price seems to be playing within a diametric. It looks like it is now completing wave E of this diametric. From the green range, the D wave can rise again to the ceiling of the D wave to complete the F wave and then fall for the G wave. We expect such behavior from the price in the...
After finding solid support just above the 200 mark in August, Binance Coin began a period of consolidation. This phase was followed by a break to the upside and a rise, fueled by a renewed wave of enthusiasm within the cryptocurrency market. But, and there is a big BUT... Looking closely at the recent price action we see that after the break of the...
On November 21, the price of BNB surged to a five-month high of $274. The intraday surge in BNB, however, was swiftly undone when more details on the DOJ's settlement with Binance became available. Changpeng Zhao (CZ), the CEO of Binance, will enter a guilty plea on charges of breaking criminal anti-money laundering regulations. In addition, #binance will admit...
Factors listed below Binance losing card deposits / bank transfers has cut the entire liquidity off that binance was using to "market" to new people Binance: Hot Wallet 20 10,977,123.66058318 BNB 45.43435845% Binance: SAFU Wallet 1,364,102.15161748 BNB 5.64602423% The rest of the holders of "BNB" are 400+ accounts holding very similar amounts under the...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BNBUSDT chart) Regardless of whether you use Binance Exchange or not, its influence on the coin market is quite high because it is the largest exchange. BNB coins are continuously reducing the number...
CZ has officially stepped down as Binance CEO. How the market will take this move? Honestly i think BNB will react with a slow drop that could lead the price very low, maybe to 2 digits near 40 USD. This is just good for us long term investor, because we will have a big opportunity to buy cheaper and wait for the great comeback of Binance
BNBUSDT Bulls in Control, Approaching $300 BNBUSDT (1h Chart) Technical analysis BNBUSDT (1h Chart) Currently trading at $256 Buy level: Above $255 Stop loss: Below $237 TP1: $265 TP2: $275 TP3: $285 TP4: $300 Max Leverage 5x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Analyzing the recurring cycles within the BNB/BTC pairing reveals a promising landscape for strategic trading. Over 650-day intervals, distinct patterns emerge, guiding investors through highs and lows in price dynamics. This cyclic strategy presents a valuable tool for traders seeking optimal moments to exchange between BNB and BTC, potentially maximizing...
🔅BNBUSDT's price movements have revealed a compelling shift in two supply levels transitioning into key demand zones. Initially observed at $220, the resistance-to-support transformation is evident, indicating a robust shift in market dynamics. The subsequent level at $238 echoes a similar narrative, reaffirming the trend of supply turning into demand. Over the...
The U.S. Justice Department is seeking more than $4 billion from Binance Holdings as part of a proposed resolution of a years-long investigation, Bloomberg News reported on Monday. Negotiations between the Justice Department and Binance include the possibility that the cryptocurrency exchange's founder, Changpeng Zhao, would face criminal charges in the United...
Binance (BNB) technical analysis: Trade setup : Trends are improving. Following a bullish breakout from Sideways Channel, price reached our target of $260. Price broke above 200-day moving average (~$242) and needs to break above $260 resistance zone to confirm Uptrend. If it does, it could revisit $300 next. Trend : Uptrend on Short- and Medium-Term basis...
BNB Should hold critical support at 200. Otherwise whole crypto market will drop as we observed in FTX collapse. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not...