BNB actually forming an uptrend, but it seems like its going into retracement now. Bounce zones are 197 and 192.
If I'm wrong at it bounce above 200, next wave should take it to 217. But I consider it less possible.
Binance coin is giving us many bullish indications on weekly chart:
Recently it gave us two beartraps
Crossed an important downtrend line and a strong resistance/support level.
Apparently reverted its movement after touching a long term uptrend line
We recommend Binance for long.
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The pair is gaining support at 0.0018382.
You should check if you can move above the uptrend line and 20MA.
If you ascend above 18.6601, you create the letter 'U'.
We need to check if there is a flow to make a new wave.
From the BTC trend, I think it is highly likely that around January 21 (January 20-January 22)...
BNB has finally broken up, following the BTC wave and market money inflow. BNB is a very strong alt coin though and a top performer. With that, 50 and 100 MA were broken. At this point, BNB is overbought and a small correction is likely. Ideal buy in entry is from $15-16. This zone should turn to a local support and bounce off this would be perfect for a...
#BNBUSDT Breakout Bullish Chart:
#BNB finally broke bearish Trend and Now move to $50.
Almost our 1st Target achieved within 3 days.
Support: 200MA strong support ( buy zone)
BNBUSDT now looking extreamly Bullish.
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Crossing over 195k sats resistance level with increasing volume...
For now I'm just waiting to see interaction with this level.. If it holds then I may take a position with target at ~215k / ~250k sats...
UCTS still red on every HTF
You should check if you can climb above the 20MA and the uptrend line.
You should check whether you can maintain the price well between 18.6601 and 20.8800.
I don't know if BNB can be called a major coin, but I think we should watch more about the upswing.
today I chose to make a chart on BNB as own some BNB myself and I am curios about the next price moves.
Last days were really hectic but I am still trying to post as much as possible as your appreciation you can maybe press that thumbs up button :)
About BNB, good bullish divergence, higher highs, lows.
But watchout as this can lead to a big...
Probably we are coming to an end in bnb's market cycle. It looks so similiar with the previous one. It has already broken the down trend line and looking for a way out of the rising wedge before we take off to the moon. It has tested the top 5 times and we got 1 dip so far. I dont think it will break down the down trend line from 39$. Possible last dip before we...
BNBUSDT Chart Analysis:
BNBUSDT is Binance Coin. this is Very Strong and Long term and Short Term investment.
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Use BNB is many Mainstreams.
What Chart Says..?
BNBUSD High Price was $39.59 USDT
Now current Price is $15.27 USDT
Last 9 Month Low Price of BNB Was $12.11 USDT.
Very Long Term Resistance Line Now Very Near...
$BNB Weekly bullish div on RSI; MACD finally gaining positive momentum. Fib levels: from last swing low to high $BNB is between the .786 and the .886, and from the start of the uptrend to highest hig- $BNB is right at/above the .618. Also currently retraced to stong horizontal support. Weekly doji candle in the works. Great set up imo.
BNB is not looking good if it closes below key support at 18k sats area, this will signal another 9-15% drop lower to next immediate support at 16-15k levels.
If BNB drops to 16k sats area and the RSI is painting a bullish divergence, that is a good sign of potential strong bounce
or an early sign of bulls to break this descending channel to the upside....