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...
As of today Binance holds
554,634 Bitcoin | 9.2 Billion in Stable coins
I really never liked Binance the entire theme of
"helping lower gdp countries by expanding operations to uneducated financial employees that would have no thought of what they're doing is fraud"
seems to me to be only a mirage of operating in unregulated financial markets.
You can confirm...
*logarithmic scale*
Binance Coin broke the uptrendline, formed Head and Shoulders 🤷 pattern and price just broke the Neckline recently. I think there is chance for drop to 166 (logarithmic scale target) and even to 116 (regular scale target - see below).
Setting SELL LIMIT order to neckline level to catch🎣 the potential pullback.
ENTRY : neckline @ 255
...
EDIT: Please ignore the lower chart, it's shown by mistake, just go with the upper chart and press the rectangle button to maximize it (alt + click).
This is follow up to the original idea down below. We just got wider triangle before the real breakout.
Binance Coin broke up this triangle📐 and I think there is chance for run to 314 and even higher. Setting BUY...
Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
Binance Coin seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 315 and even higher.
ENTRY : local high @ 300.8
STOPLOSS (SL) : local low @ 295.8
TARGET (TP) : height of the triangle projected from...
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◻️BNB - stopped at 0.2 fib.
◻️If you take it apart from the technical side: We have a level, $234... Fixing at the current level, I don't see it at all. Also, we are testing a strong level from below, which was previously a support 3 times. (marked on the chart 1, 2, 3 for understanding)
◼️At the moment, it looks weak
◻️BNB holding up...noo....
◻️If you take it apart from the technical side: We have a level, $230...when pinning below, the target is $115.
◻️ Looks very weak. There was a test of the $230 level, already 3 times. I would go short if we test the $230 level from the back side at 4 hours.
💡 Take a 5% deposit into the deal.
◻️Stop loss? when closing a daily candle...
Good Night everyone
Did you check our last analysis ??
According to our last analysis we shown on chart the way that the price can move like it and exactly done the route, and now we are going to impact again the 2 support zone area that we shown on chart, we think the price is ranging until reach to the cross of encounter two support zone area that is the first...
BUY signal on $BNB. Keep an eye out on the Binance coin it's been quiet lately.
I'm not in this coin currently. But it has performed well for me in the past.
BNB-USDT 🔻 Strong Dump / Fibonacci Revenge
KEY POINTS:
- RSI is too overbought
- Momentum Strength is weak
- Beyond Technical Analysis: BNB Dominance is low
- Fibonacci 1 (318.55) provides heavy Resistance
If you want to be a rich person, then short BNB to Fib 0.236.46.
As altcoins grow and halving comes up.... BNB cashflow will exit into projects. Cheaper to use BNB than BTC for orders on the Binance chain.
After BTC halving..BNB will pump. Until then we sell out.
