📈 What is a Falling Wedge? The Falling Wedge is a bullish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bullish reversal, with the price likely to break upward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two...
BINANCE:BNBUSD.P BNB has shown around 70% RETRACEMENT IN THIS FALL. It may hot the resistance again
The BNB crypto token is creating quite the bustle within the cryptocurrency universe following Binance’s recent money laundering probe. Simultaneously, a significant whale activity caught the eyes of crypto market enthusiasts as it accumulated notable amounts of BNB as of today, November 22. The whale accumulation of BNB comes after Binance’s settlement with the...
There are a lot of technical analysis methods to use, my favorite method is to combine several technical analysis and look for the same point as strong support to buy and strong resistance to take profit. In this example, I use chart pattern, fibonacci ABCD pattern and classic support and resistance. Chart pattern channel up with medium line perform strongly,...
30$ is coming drop most likely to start within days dump will be like ftx,luna ..etc Not Financial Advice -- do your own analysis Abu Meizar
Currently, BNB is trading at strong resistance and showing a reversal. This may be a retracement of the last fall but if it holds this then we will see a strong upward move in BNB price. We may see some good news soon about BNB or Binance that will push its price further up.
On November 21, the price of BNB surged to a five-month high of $274. The intraday surge in BNB, however, was swiftly undone when more details on the DOJ's settlement with Binance became available. Changpeng Zhao (CZ), the CEO of Binance, will enter a guilty plea on charges of breaking criminal anti-money laundering regulations. In addition, #binance will admit...
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...
BNB is too volatile right now after the news that CZ may have to resign from the post of CEO
Greetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want...
Big Targets... Here is the trade we are currently running but we are only starting to bull run on #bnb Here is how we started
I'm expecting BNBUSD to hit range $70,00 - $90,00 before a big move up. This correspondends with my ETH and BTC analysis from few weeks ago Check related ideas ;-)
#BNBUSDT | DAILY TIMEFRAME UPDATE This analysis is based on higher time frames, and we can expect higher prices for BNB in the next few weeks. If #BNB has any corrections, we look for confirmation at the lower time frames to open a LONG position. The target for this upward movement is $260.10 - $268.60 - $278.80 - $288.30 - $295.40
Recent Price Jump: BNB coin has experienced a 20% increase over the last 33 days, surpassing the $250 mark. Current Resistance Zone: The Binance price is facing resistance at the $257-260 zone, raising concerns about a potential downtrend. Significance of $260 Breakout: Overcoming the $260 barrier could significantly boost BNB's price, potentially reaching...
Here I have BNBUSD on the 1hr Chart showing what looks to be a completed Head and Shoulders pattern!! With price having tested the "Neckline" three times after completion of both Shoulders and the Head! I believe what we will see next is the Bearish Break of the Neckline to validate the reversal pattern and continue LOWER!! **Chart Patterns are known to fail...
$247.8 trendline support almost same level as fibonacci .618 this is a strong support level for binance. Trendline resistance around $262 will be a good bullish target for intraday setup
Greetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want...
Market Context: Binance Coin (BNB) is benefiting from the broader crypto market recovery, with Bitcoin at $34K. Current Status: BNB is trading at $226.9, with an intraday rise of 1.11%. Resistance Level: The $230 and $270 marks are significant resistance levels for BNB. Technical Indicators - EMA: The 50-day EMA is approaching the 200-day EMA, hinting at a...