I think arbitrum, optimism, etc. will take a lot of BNB's dominance in terms of total crypto market capitalization. Also, with fud around BUSD and regulators seemingly targeting CZ / Binance, I expect Binance to underperform, though I think eventually when it is at a fairer value it may have another run. Coinbase also launching their own chain which means...
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This is a one-day-time frame analysis for BNBBTC
Here we have R2 and R1 as the resistance areas that express the price was not able to rise at different points. R3 used to be a support area. And S1 is a long-term support area in this chart containing the support of price even since the past. At...
Clearly broke down on the falling wedge. A pullback, facing bottom of the wedge may bring BNBBTC back in the game! Looking good, see where this takes the price action. Nice pullback! Love it!
BNB seems to we on the verge of a huge down move against BTC,
or BTC is on a verge of huge pump xD
LOG scale
Also as previously posted, BNBs bear market was soooo insignificant that its almost clear that there's moree to come.
BTC appears to be raising faster than BNB. Will update to add BNBUSD. There has been news regarding Binance pulling out of the US due to ongoing regulatory changes.
BNBBTC is still relatively close to its ATH, despite opverall alts weakness (except for ETH).
Given the peculiar recent tall doji candle, despite low volume, it's worth watching.
If it holds it may paint an ascending triangle or Cup & handle towards a new ATH.
Idea: The price has formed a double top. Now the price is trying to stay above the 200 EMA. The weekly 50 MAs is a key support level. Their breakdown will lower the price to the weekly 100 MAs and will signal the beginning of a bearish trend.
BNB flips potentially bullish VS Bitcoin as deposits increase on binance as FUD becomes less effective. There are some huge shorts on BNB right now but if the FUD fails they will have to close, being they are already in profit its seems likely they will have to buy into the order book to close the positions. I have taken a small long on BNB. For more information...
BNBBTc threatened to break through the MM200, but soon retreated and continued above the MM200. At this moment it is returning to the median of the Keltner channel. Allied to this, there are also negative rumors about Binance, which is causing many to sell their assets.
BNB continues with its great fundamentals and Binance resolving these small issues it returns...
Follow the trend. Need we say more? Follow the trend, investopedia and no one can tell you. It is what it is. Theres no time like now! Now is the time. The further the time way the bigger the risk. The time is now. :) <3 Downtrend in Favour! Be careful buyers. Buy and sell .. dont hold!
I am not saying BNB is not prominent or bad.
I am just saying that BNBBTC seems like it broke the trend line, and headed downward.
Would prefer BTC over BNB for a while.
![BNBBTC: [Heads up] BNBBTC still close to ATH, watch it.](https://s3.tradingview.com/p/PQGzCZWq_mid.png "[Heads up] BNBBTC still close to ATH, watch it.")
