Hello Guys, i was watchlist this one. and seeing for a long time. have you even hear about this ? Pancakeswap Support on ZKSync and Other's Layer 2. Hope you will watchlist for this too, with 7 month red candle then let's see who was KING on DeFi.
it doesn't look too good :) If it doesn't hold now, we could see as much as $35 and who now has the cash to pump the bnb the entire US market has cut itself off from bnb
BNB has had a strong Bearish pennant formation on the daily and 4hr candles. Price is expected to pull down to either 2 zones of 187 & 118 respectively. Monthly support zones is market at 187 where price had strong bullish upside momentum. Expected to further be in a sideways market trending until 2024.
Lose this this level, i find it hard to see how this doesnt retrace entirely back to the $40 region. If you want risk, $220 - 240 is a buying opportunity, sitting at 200 week EMA. But lights will be out below.
It is highly likely that an Ending Diagonal pattern has been formed, and this is a pattern that enters the end of an ascending wave and the beginning of a large bearish wave, which will be a C wave. Note: The model fails by breaking 350 usdt its top and closing
So far, the price has been moving for a period of 419 days in a large cross area, and this indicates the direction of the discharge and not the consolidation, because the previous drop from the top has not ended, and it must take place in the form of three downward waves. It is going sideways for a period of 419 days.. It will end soon and the strong third bearish...
Binance is shaping up really nicely. We are in wave X correction = 335 flat correction. Looking for wave C now. We may break below the structure in which case it will be an expanded flat correction. Entry will remain on trendline break. Trade Idea: - Entry on break of red trendline - Stoploss below the lows after trendline break - Targets: 300, 395 Goodluck and...
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Some time ago price declined from resistance area to support line, thereby breaking $233 resistance level. But after this BNB at once bounced up and made strong upward impulse to $261 point, breaking two resistance levels. Then price fell back and also entered...
BNBUSD got rejected at the strong resistance level. We expect it to have a short term bounce together with the whole market and if we retest the strong resistance level again, it will the most likely get rejected . 50 % drop coming. Beware The problem is that it went very parabolic in the bull market and there´s no much support so if we break our support zone,...
BNBUSDT looks kinda bearish. The price formed a head and shoulders pattern. If it breaks down , we should see a retest of the support at 225 $. Wait for a successful breakout . Once the neckline fails, it should be a swift drop. Execting a volume surge at the successful breakdown. Good luck
I have made a few bearish Charts about BNB in the past and this is just a small followup and reminder of what seems like the dump to come. BNB has broken below all major moving averages and has been rejected from the 200-week SMA and now, if we break below $30B in market cap there will be no support below until 10 Billion Dollars but it could go much lower than...
Hello It'd better take long as SL/TP shown. I think bullish market is on the way.
The price of Binance Coin is being upheld by a demand zone on three occasions, and at present, buyers are actively pushing for a significant price increase. Consequently, there is potential for the BNB price to surge and attain a level where supply and demand are balanced, known as the break-even zone.
Along with Binance even BNB looks very bad and if it stops in the 190 USDT area it's a miracle in my opinion, if it breaks there we could see it around 120 is my optimistic view and below 80 in my realistic/pessimistic view. I definitely expect some bounce upwards when price reaches the green box, a weekly bullish DIV is already in formation. In general I'd stay...
A huge descending triangle, Binance is potentially in deep trouble.
Hello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price some day ago declined to 225 current resistance level, which coincide with the resistance area and support line of the wedge, and soon bounced and started to rise. Price rose to the seller zone, thereby breaking the 247 resistance level, but at once...
Greetings traders! It's been a while since our last BNB update . Let's dive into the recent developments. The price action has carved out a larger-than-anticipated triangle pattern, spanning the $227 - $253 range. Notably, yesterday saw a significant breakout to the downside, hitting the projected triangle target zone at around $210. The current RSI...
BNB has been trading sideways for many months and after all the legal problems they have, its time to go LOWER. BNB is in my opinion still OVERVALUED. and also, there has not been any CAPITULATION event on BNB holders. As you can see, volume keeps dropping (bearish sign). very low liqiudity. also, BNB has formed a MASSIVE BEARFLAG. the flag has already broken...