BNB is now at resistance and struggling to get a breakout. BNB rejected from $435 - $440 resistance multiple times and this is the key level to flip. If BTC able to flip this level then we see a rally towards $500 resistance. The support for now is $390 - $400 area and we may see a possible retest of this area. The major support is near $330 area. Keep an eye on...
Hi Guys 🍀 Binance Coin has been pushing the BB bands up since 3 days ago. But since a few hours ago BNB got rejected by resistance and fell on the middle BB. That middle Band is working as support but if the price fell more, there are two blue lines as support. The resistance lines are strong. But we have good Buy Signals in the market considering the MACD and...
Hi Guys 🍀 Binance Coin had corrections since two days ago and confirmed a good support level. MACD and BB are showing the price is at a risky level right now. The Middle BB can be effective to push the price back down. The resistance lines are strong too. I think since BNB had breakouts this can be the time for consolidating the price on a solid support before...
- Binance Coin - BNB Rank #3 on CoinMarketCap. - BNB is by far one of the most bullish altcoin out there! - My impulse Elliott wave is telling me that there will be another pump very soon. - 3x Parallel channel can act as a support / resistance in the future. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to...
I expect very good performance this year for BNB. Talking on the current chart, I expect another small pullback. and It will return, giving the impression of rising. I don't think you can go back without creating a final test and pattern. If we talk about these patterns, we can draw several different patterns. The first scenario is the flag pattern; If it...
Bitcoin has corrected by 6% over the day, while altcoins have corrected by more than 10%. BNB has also corrected by almost 10%. This is a strong drop in price, but BNB could go even lower. On the chart, I have marked the nearest liquidity zones where the price could come in. If the price comes to these zones, it would be a good buying opportunity. Write in the...
BNB tried to break the support level and consolidate below but failed. Every drop was bought back. Pulling up to the trend line again. This is a signal for a breakout and a rise. If price starts to squeezing to the trend line, breaks it, and tests it as support, that would be a good buying opportunity. Write in the comments all your questions and instruments...
BNB shows that after another correction it recovers its price, but looking at the number of corrections this year, I recommend waiting with buying more BNB until the next correction
Hi Guys 🍀 Binance Coin has been bullish and passed many resistance levels. If you check MACD and different platforms you can see that it's still showing Buy signals so I think this coin has some room left to test the resistance level. The resistance levels moved a little higher which shows that the market on BNB is strong. And if you noticed, candles are push the...
BNB is now approaching the local trend line. If the price starts to squeeze near this trend line, it will be a signal for a breakout. A good buying opportunity would be after a breakout or a retest of the trend line as support. Above marked potential liquidity zone. Write in the comments all your questions and instruments analysis of which you want to...
Hi Guys 🍀 Binance Coin maintained its price in that area after the breakout, so now we are sure that it was a bullish move with confirmations. The resistance levels moved a little higher which shows that the market on BNB is strong. Maybe we see some drops or corrections but we have built good and strong support levels for our prices so we don't need to worry...
1. broke out of falling wedge 2. BETA launch event on going, people need to buy and hold BNB to participate 3. Overall good for a decent scalp Cheers 🥂
Binance Coin just broke out of this wedge in blue and now price is hovering just above the resistance turned support. If we have continuation and BTC/ETH don't tank, then I can totally see BNB pumping some more in the next few days up to around $450 in the best case scenario. The Daily indicators are curving up, therefore I'd not be surprised to have a nice...
Hi Guys 🍀 Binance Coin got help from the support area and the massive amount of demands caused a breakout. This resistance we are testing now can be a key resistance. After that we have one other resistance level which can be our next stop after we break this one. And the blue supports that you see are very strong because after a confirmation they can turn into...
In my opinion probably yes. I do believe Binance has done many things wrong over the years, especially in the US... so the hammer is coming for them too. They played games, they made tons of money... but in the end regulators will go after them for a million different reasons. Of course it will be mostly about control over the industry, but no matter whether I...
the chart speaks itself. the question is what do you see?
BNB Is consolidating from a falling wedge and is bouncing from the lower support. This will definitely be a buy for me. The thick bottom red line is the daily critical resistance turned support line.