🔍As Bitcoin experienced a notable downturn today, catching many traders unaware, it's imperative to reassess market conditions and identify potential trading opportunities. In this analysis, we'll delve into the intricacies of Binance Coin (BNB) and explore various factors shaping its price action. 💎Binance, being one of the most reputable digital currency...
Binance would be starting LAUNCHPOOL of Notcoin PANCAKESWAP:NOTCOINWBNB_AA26CA in a few hours. And the it is the start of a new week after the DROP on Friday. We can see a clear W formation on CRYPTOCAP:BNB based on @TradersReality indicator. We expecting the price to reach above CRYPTOCAP:BNB 597 before the end of the LAUNCHPOOL in effect, recovering...
#BNB coin has formed a bullish pennant pattern, and if it breaks out from within the flag and maintains support above the resistance level, the target is set at $800. Binance continues to release excellent projects on its launchpad, which is one of the reasons for its rise. We may expect a significant upward movement in the near future.
Here's my plan for BNB if it breaks this pattern. This triangle is very crucial to be broken to the uptrend. If the price breaks the triangle to the downside you can enter again a trade in a short position.
The daily chart for BNB lacks the momentum and is lingering around $594. A bullish Bitcoin can push BNB through this key daily resistance, however a reversal in BTC.D will be a game changer for Binance Coin and we will see the next bullish rally towards $700. A n inability to break through $594 will lead to a weakness with a bearish momentum targeting $543.
The daily chart for BNB is maintaining strength, however it struggles to break $594, the key daily resistance. A bullish break-out of this level is needed for Binance Coin to move towards $656 and higher towards $700 region. A sustained price action below $594 could confirm weakness, potentially triggering a bearish momentum targeting $543, however price action...
BNB still resides in the bullish zone in the H4 chart. 1. A bullish breakout of $603 sets Binance Coin on course for the $619 region, possibly prompting a temporary pullback. 2. A strong rejection of $590 steers the price towards $619, potentially extending to $646-$658. 3. Inability to sustain price action above $590 may induce sluggishness and...
BINANCE:BNBUSDT recently broke the key resistance level at 600. The market is probably going to consolidate below the strong resistance and then break through. However, on the 4H timeframe, the market was moving sideways. It broke the top of the range, then retested it, indicating potential trend continuation. On the weekly timeframe, the market formed a massive...
Binance, a leading cryptocurrency exchange, recently received official registration from India's Financial Intelligence Unit (FIU) after a prolonged dispute with regulators. The FIU's approval marks the second time an offshore crypto exchange has been granted such a registration, the first being KuCoin. However, the news has been followed by a 2% decline in...
Bullish on this short term. Bullish triangle formed with a lot of buy pressure from the 30min time frame. Target at $606 area or more.
Hello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring BNBUSDT for a buying opportunity, BNBUSDT UPDATE Formation of the Ascending triangle Pattern in 1D timeframe✴️ Breakout may lead 20-25% increase in price💸✅
Symmetrical Triangle pattern clear on one day chart BNB, rising to 830 USD or 850 USD
CRYPTOCAP:BNB is forming a beautiful triangle I inicially thought it would form a parallel channel, but no, as you can see the channel is still on chart (in yellow) Breakout from this triangle will give us 27% from today price Expect some more downtrend for a few days before the breakout, as the Detonator indicator (purple) is riding on top of oscilation
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About BNB (Update) On The Verge Of Massive Breakout In 1D Timeframe⚡️ In Case Of Successful Breakout Expecting Massive Bullish Rally✍️
Hi, I am waiting to add more to my holdings of BNB on the next breakout. IMO this is going to happen very soon. All trades and investments are posted on my twitter. Username below - @Goodland_UK
🔴 #BNB Analysis : ❓❓ 🔮There is a formation of "Bullish Pennant Pattern" in #BNB in daily time frame. We can expect around $685 bullish move if the price perfectly retests the level📈📈 🔰 Current Price: $616 🎯 Target Price: $685++ ⚡️What to do ? 👀Keep an eye on #BNB price action. We can trade according to the chart and make some profits. ⚡️⚡️ #BNB ...
BNB value will not drop below 200$ anymore, don't get your hopes up if you are waiting for it. The news has been bad but BNB coin has the green light!!!!. I noticed that the news turned the volume down, but the wave theory is fine. CZ is an interesting and smart character to me and I don't condemn his actions. Do what you want, the main thing is not to get...
Hello everyone, let's look at the 4H BNB to USDT chart, in this situation we can see how the price is moving in a sideways trend channel, staying below the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = USD 579.2 at which the price struggles T2 = $605.9 T3 = $623.6 AND T4 = $648.3 Now let's move on to the...