On a daily TF, the trend is negative, and its major support is the positive trend line range and the $440 range. The probability of losing this support is high, and if this support is broken, it will fall in the range of $390 to $320. The only data that can change the trend is the break of the $500 range with high trading volume and high stabilization.
It has been more than a while, in fact March 11 2021, since I last analyzed the Binance Coin:
Ever since it hit the Target Zone, it fell into a Correction and new Accumulation Phase like the rest of the market. A similar Accumulation Phase that we last saw within September - December 2020....
The coin continues to accumulate in the range of 40964.75 - 43480.15, thereby bringing itself closer to a further fall every day.
SELL scenario: The upper limit of accumulation level 43480.15 acts as a good entry point for selling. The target in this case will be the level of 40964.75, but we can expect a deeper fall towards 38000. In general, the price area...
#BNBUSD Hello trader, I hope are good and safe. Today I opened the chart of #BNBUSD for 15 MIN. and analyzed it then I see that this chart has made a DOWN TREND, So I hope #BNBUSD will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
Sellers still managed to come under the level of 1.42010910, which now entails sales. Only closing the price above this level will allow you to think about longs.
SELL scenario: An approach to 1.42010910 is expected, and if the price does not close above this level, then this is a confident short with a target of 1.25689433.
...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Binance Coin (BNBUSD).
The chart is self-explanatory. The price is in a Descending Broadening Wedge pattern and is at the multi-month Support and Resistance trend line and looking to break back above it. The price is also above the 200 MA (simple moving average) and...
(BNB) is on the verge of two different patterns: the $ 505 resistance level is important. If it can be stabilized above this limit in the coming days, it can complete the blue trend and reach higher levels in the medium term, but if it is offered at the $ 505 limit and the selling pressure is white, it can be achieved and corrected to 370 in the medium term.
On a daily TF, the trend is negative, and there is a possibility of testing the $320 range. Be patient and enter if it tests $320. If it breaks and stabilizes above $500, it will return to the uptrend.
BNB's LMACD on the 1D time-frame is about to form a Bullish Cross. Every time this Cross has emerged after such dip while BNB is in a Bull Cycle, the price hit the next 0.5 Fibonacci extension. That is now the 2.0 level. We may see $800 before Q3 is over.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and...
Trading Signal:
There is a Trading Signal to Buy in BNBUSDT BinanceCoin (update).
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 482.5
⭕️SL: Close below 472.1
🔵TP1 @ 511.5
🔵TP2 @ 532.5
🔵TP3 @ 574.5
previous...
Hello,
Welcome to this analysis about Binance-Coin and the weekly timeframe perspective. The cryptocurrency market these days is shifting constantly and the divergence between certain cryptocurrencies is increasing more and more. This is why there are crypto coins that show high bullish potentials while others form more bearish setups. In this case, I detected...
Based on technical factors there is a short position in :
BNBUSDT Binance Coin
Score 3️⃣
🔴Short Now or set on Key Level 491.0
🟢Target 1 470.0
🟢Target 2 447.0
❌Stop loss 511.0
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our...
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Our subscribers have asked for an analysis of the local situation on the BNB chart. Personally, we rarely trade the usual technical analysis. Most people know that we trade based on trading indicators that analyze technical, fundamental and social analysis. If we buy altcoins, it is only medium-term trading because it is more profitable than scalping or day...
Today, I offer you to look at a rather interesting coin. I'm talking about BNB which obviously has a strong project behind it.
From TA point, we have a possible trade opportunity. In the daily chart, the price reached the support at 500$. Bullish setups in the hourly and daily time frames allow us to open long positions which are absolutely logical at the strong...
