In case of breaking the current resistance level, which has had a lot of credibility in the past, and stabilizing the price above $33,000, we can hope to continue the upward trend and reach $45,000. On the other side, with the increase in supply by sellers and the breaking of the upward trend line, there is a possibility of retesting the $20,000-$22,000 range. ...
If binance collapses which they probably will base on their non existent business model and chart, it looks suspiciously like the FTX collapse.
During the previous week, the BNB cryptocurrency experienced a consistent sideways movement accompanied by low trading volume. The currency's trend can be observed within a range channel on the weekly chart, while it has declined on a daily basis due to the formation of lower resistance and support levels. Binance Coin currently has two significant support levels....
Introducing the weekly chart of Binance Coin for our dear community! In 2018, the price of BNB found strong support at the $8 level, resulting in a sideways movement throughout the year. Similarly, we are currently witnessing a significant support level at $220, accompanied by a similar pattern and movement reminiscent of 2018. Based on this observation, our...
I think BNB can go down to the $200 price range and pull back and then go up for a breakout.
On the 4H TF we can see a Head and Shoulders pattern. The target of this H&S is the 223 USD support level. IF the 220 – 223 USD level doesn’t hold, next support levels are: • 205 USD • 182 USD Be sure to take advantage of this opportunity. I am still not posting a trade. I need more clarity. However, if you are a holder, I think that buying spot BNB at these...
This is the capitulation event for crypto that I was waiting for. My previous Bitcoin idea and target are still valid, anyone long right now is going to get wiped out by the crash of Binance coin. I’m currently short. I also shorted Bitcoin and sold most of my alts here. If wrong then I will buy back higher on bullish structures. Even with the massive pump...
Binance (BNB) technical analysis: Trade setup : Bearish breakout from Rising Wedge pattern and below 200-day moving average (~$300) signaled bearish trend reversal to downtrend. Then it got very oversold (RSI < 20) near $225 support and bounced up to $260 resistance where it got rejected so far. Now we wait for price to dip back near that $225 support for...
Hello everyone, let's look at the BNB to USDT chart on a 4-hour timeframe. As you can see, the price is above the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $240.3, if the support is broken then the next support is $237.8, $235.7 and $233.6. Now let's move on to the resistance line, as you...
Yesterday, on June 22nd, BNB failed to break the resistance of 21D EMA and the upper boundary of the Ascending Triangle. Consequently, it also lost the triangle’s upward sloping trendline. During the Asian session BNB tested the diagonal line resistance. I am in no way bearish about BNB, but I think that BNB will go a bit lower before it tries for higher....
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Another formation that I talked about a couple of days ago before this powerful run, the “down channel” is another pattern that constantly works out on higher timeframes. Technical: We didn't confirm the bottom of the pattern at $24,300 but we...
Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ Friends, I still waited for the cherished $30,000, the take-off for someone may have been unexpected, but I wrote about it for a month and gradually averaged the LONG position. Technical: bitcoin broke through the $27,350 resistance...
Aca Just Started Its Not Over Testing Descending Trend line In Daily Timeframe Incase Of Breakout Expecting 250 - 300% Bullish Wave In Midterm
BNB broke out of the Ascending Triangle to the upside. It is currently testing the 253 USD level for support. If BNB manages to flip 253 to support, it is a long trade, IMO. If BNB doesn’t manage to break out, I think we will go lower to around 246 USD and try again from there. If it breaks down from the triangle, I will reassess the situation. Read my...
Hello everyone, welcome to the BNB review on a one-day interval. As we can see, the price left the bottom of the uptrend channel marked with blue lines, what's more, leaving the channel downwards also gave a drop below the EMA Cross 20o and thus a return to a strong downtrend. Let's start by marking the support spots for the price and we can see that first we...
BNB is moving in an Ascending Triangle. BNB managed to get above the 21 & 50 EMAs on the 4H. The area between 253 – 267 is strong resistance. Above 267, the risk of a breakdown is much reduced. IF BNB fails to break through resistance the next supports are: 238 USD. 231 USD. 220 USD. In my opinion, BNB’s outlook is positive, and I do not think...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Friends, let's go over bitcoin from the technical side again. I previously shared this channel when the price was flying to confirm it from below, but it never happened. But we have confirmed another pattern - "Bull Wedge". You can also find...
Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ A small update to the BNB chart on an older timeframe. The technical asset continues to stand at the global support level, from where there is no big reaction of the buyer and seller yet. Although bitcoin has already bounced off and...