BNB is BearishBNB dumped yesterday, which could trigger a bearish rally, first lower high and lower low were printed and more expected in future. Targets are mentioned on the chart.Shortby Fahad-Rafique118
What will happen to BNB in the coming days?It's been a while since BNB has a lot of margins. Have a look at the BNB chart. Price seems to be playing within a diametric. It looks like it is now completing wave E of this diametric. From the green range, the D wave can rise again to the ceiling of the D wave to complete the F wave and then fall for the G wave. We expect such behavior from the price in the coming daysby behdark7
Binance coin rocky road- Not a good picture for bullsAfter finding solid support just above the 200 mark in August, Binance Coin began a period of consolidation. This phase was followed by a break to the upside and a rise, fueled by a renewed wave of enthusiasm within the cryptocurrency market. But, and there is a big BUT... Looking closely at the recent price action we see that after the break of the consolidation to the upside, the coin lacked meaningful continuation and started to consolidate again. More, the spike from 2 days ago was met with selling power, and yesterday, again, the rise was reversed strongly, leaving an immense bearish engulfing candle on our daily chart( approx 20% the range of the candle ). All these signs are not bullish at all, in fact are hugely bearish. In conclusion, I'm looking to sell BnbUsdt on rallies around 250 with negation above recent spikes. A conservative target for this scenario would be the 200 zone. However, it wouldn't be surprising if we see a breakthrough beyond this level as well.Shortby Mihai_Iacob8
BNB Daily Chart Crashing StructureAs CZ Steps down, admitting guilty of money laundering, much of the Fud will focus on Binance. Therefore BNB will take a hit. This is not a financial Advice. Do your own research.Shortby TradersTruth888112
Uptrend reversal: When price is maintained above 268.5Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BNBUSDT chart) Regardless of whether you use Binance Exchange or not, its influence on the coin market is quite high because it is the largest exchange. BNB coins are continuously reducing the number of BNB coins through buybacks. There are quite a few coins (tokens) that are expanding their correlation with this exchange, so it is one of the coins that is expanding the coin ecosystem by forming a network called BNB chain and increasing its correlation. (1M charts) One wave creates a wave that is completely different from the previous one. Accordingly, the 179.2-210.2 section can be considered an important boundary section. However, because BNB is a coin associated with an exchange, the risk burden should be considered higher, unlike BTC or ETH. Therefore, I do not think it is appropriate to blindly drag the purchase principal into a long-term investment. Therefore, I believe that the trading method of increasing the number of coins corresponding to profit through trading in response to rising or falling times is the way to stabilize one's psychological state. This method will be applied to all altcoins thereafter. Like yesterday's NEAR coin, it is one of the coins that has not risen above the MS-Signal indicator on the 1M chart among coins that are expanding the coin ecosystem. Therefore, you can see that it is showing a slower rise than other coins (tokens). (1W chart) The key is whether it can rise to the 283.4-339.08 range and receive support. To do so, it is important whether the price can be maintained by rising above 260.72. (1D chart) It touched the 268.5 point and appeared to be trying to break through the M-Signal indicator on the 1M chart. Accordingly, if the price is maintained above the 240.2-248.8 range, the possibility of starting an upward trend is expected to increase by rising above the M-Signal indicator on the 1M chart. Therefore, the key is whether the price can rise above 268.5 and maintain it. -------------------------------------------------- --- BNB is one of the altcoins other than BTC or ETH that is suitable for mid- to long-term investment. However, if a problem occurs at the exchange and the exchange is closed, it will be useless, so you should always think about ways to respond to this and create a trading strategy. Therefore, if possible, I think it is better to choose a trading method that increases the number of coins in response to profits. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. --------------------------------- by readCryptoUpdated 5
What's next for Binance? BNBCZ has officially stepped down as Binance CEO. How the market will take this move? Honestly i think BNB will react with a slow drop that could lead the price very low, maybe to 2 digits near 40 USD. This is just good for us long term investor, because we will have a big opportunity to buy cheaper and wait for the great comeback of BinanceShortby CryptoForexGem335
BNB Short IdeaBNB reached the 4H time frame support zone,if breakdown this zone will drop fast like past (Luna,Ftt)📉Shortby shadow_666_339
BNBUSDT Bulls in Control, Approaching $300BNBUSDT Bulls in Control, Approaching $300 BNBUSDT (1h Chart) Technical analysis BNBUSDT (1h Chart) Currently trading at $256 Buy level: Above $255 Stop loss: Below $237 TP1: $265 TP2: $275 TP3: $285 TP4: $300 Max Leverage 5x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts Longby GreenCryptoTradesUpdated 18
BNB NO MORE BULLISH BNB/USDT In this trading view idea for the BNB/USDT pair, we observe a bearish sentiment in the market due to recent negative news. As a result, many traders are selling in fear, potentially leading to a decline in price. Based on the current situation, it is expected that the price may drop significantly, possibly by around 30-50% from its current level. This projection is speculative and subject to market conditions. Another potential scenario to consider is a temporary pump in price to panic sellers, This might be followed by a quick and substantial price drop as sellers react to the pressure. It is important to note that this idea is presented as a personal opinion and should not be considered financial advice. Traders are encouraged to conduct their own thorough research and analysis before making any trading decisions. Shortby Crypto-By-Ghazi114
pcch ponzi in trouble With the charges dropped against cz, it's old news already, something very similar to what happened with Arthur Hayes will happen. As part of the agreement, cz has to step away from the company. They're cleaning house at low cost, and what's coming is a new henhouse to fleece all the institutional chickens.Shortby CAMBABEBTC5
BNBUSDT Bulls in Control🔅BNBUSDT's price movements have revealed a compelling shift in two supply levels transitioning into key demand zones. Initially observed at $220, the resistance-to-support transformation is evident, indicating a robust shift in market dynamics. The subsequent level at $238 echoes a similar narrative, reaffirming the trend of supply turning into demand. Over the past three days, this support level has garnered consistent respect, aligning harmoniously with the ascending trendline. This collective pattern underscores the prevailing dominance of buyers, significantly bolstering the probability of an ongoing uptrend scenario. 🔅The continuous adherence to the present support levels fortifies our anticipation of a potential 15% surge in Binance Coin. Our prognosis derives strength from the identification of a formidable double Fibonacci resistance positioned at $270, which serves as a significant barrier to price movement. 🔅As long as the current support levels maintain their integrity, the outlook remains bullish, setting the stage for a probable upward movement with a calculated target of $270, signaling a 15% upward trajectory for BNBUSDT.Longby CryptoPAMMUpdated 6
BNB (BNBUSDT)#BNB has experienced a rally from $240 to $268, encountering resistance in the $260 - $270 range. The current attempt to break through this level suggests a potential move towards $300 - $310. Conversely, a rejection could lead to a retracement to around $240. #BinanceCoin #Trading Longby Richtv_official3
BNB Neowave - Elliott Wave Theory Analysis (Weekly - Long Term)BNB completed the correction with a triangular structure in the 2017 bull season, it seems that this has become a tradition, what I mean is that the correction structure it has formed since May 2021 is also a triangular pattern. (Some sources may call wedge etc. patterns) In this case, our expectations are that the bottom will be tested in March - April 2024 in terms of time and $123 (and $98 with a wick) in terms of price. While these levels are the expectation of the triangle structure, they are also supportive with the 2021 bull coinciding with the fib 0.382 level. (We also saw a 0.382 correction in the previous bull season). In the shorter term, the $261 level may be a zone where the bearish liquidity will gather, so short additions can be made from this region, which is called the "short zone". If it does not reach this level, a new "short setup" can be established below the previous low of $190. I will share these possibilities with you here. Posts will continue under a new heading with the end of each structure. As long as the structure does not break down or end, the analysis will continue with additions on this post. Updates will be made every week (usually on Mondays)by up_neowaveUpdated 118
BNB Price Soars As Binance Discusses $4 Billion Fine The U.S. Justice Department is seeking more than $4 billion from Binance Holdings as part of a proposed resolution of a years-long investigation, Bloomberg News reported on Monday. Negotiations between the Justice Department and Binance include the possibility that the cryptocurrency exchange's founder, Changpeng Zhao, would face criminal charges in the United States. The BNB price soared as much as 7% after Bloomberg News reported that Binance is in discussions with the US Department of Justice (DoJ) that may result in it paying a $4 billion fine to settle allegations of multiple criminal violations. The discussions with the DoJ may result in a settlement within weeks, but founder Changpeng Zhao may still face criminal charges, Bloomberg reported, citing people familiar with the matter. Binance, the world’s biggest crypto exchange, has been accused of money laundering, violating sanctions, bank fraud, and breaking US securities laws in a case that has weighed heavily on the crypto industry. A $4 billion settlement would make it one of the biggest in the history of the cryptocurrency space. Whether other conditions would be imposed as a part of the settlement are unknown, Bloomberg said. The BNB token, which powers the Binance ecosystem, spiked as markets interpreted the news as a bullish, best-case scenario for the beleaguered crypto exchange. It subsequently pared gains to trade up 4.8% at $260.73 as of 06:12 EST but is now trading at $257.3 with a gain of +1.77Shortby DEXWireNews4
BNB: Approaching ResistanceBinance (BNB) technical analysis: Trade setup : Trends are improving. Following a bullish breakout from Sideways Channel, price reached our target of $260. Price broke above 200-day moving average (~$242) and needs to break above $260 resistance zone to confirm Uptrend. If it does, it could revisit $300 next. Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $220 (previous resistance), then $200. The nearest Resistance Zone is $260, which it broke, then $300.Longby altFINS5
🚀 BNB's Liquidity Power: Breaking Through Heights! 💰Binance Coin (BNB) is gearing up for a spectacular ascent, fueled not just by its technical strength but a reservoir of liquidity waiting to be unlocked. The recent legal resolution in the U.S. is adding another layer of intrigue to BNB's narrative. Let's delve into the liquidity dynamics and the implications of the legal verdict on BNB's trajectory. Chart Analysis: BNB's Liquidity Bonanza BNB has amassed a remarkable pool of liquidity, especially notable above the $350 mark. The charts reveal a tantalizing scenario where breaching this level could pave the way for a smooth ascent to $700. The layers of liquidity provide both challenges and opportunities for traders navigating BNB's vibrant landscape. Legal Twist: Binance's Verdict Impact In a recent legal development, Binance received a verdict in the U.S. legal proceedings, necessitating a hefty payout of $4 billion. Surprisingly, rather than dampening spirits, this news seems to have injected a bullish fervor into BNB. Markets interpret the resolution as a step toward regulatory clarity, removing a lingering uncertainty. Trading Strategy: Unveiling BNB's Potential Surge For traders eyeing BNB, the $350 level is the initial battleground, where the liquid battleground awaits. A successful breach opens the gateway to explore the uncharted territories around $700. The legal resolution, despite the hefty payout, is seen by many as a positive step, potentially clearing regulatory fog for BNB. Conclusion: BNB's Dual Catalysts BNB, armed with both technical strength and a wealth of liquidity, is standing at a crossroads. The $350 level, laden with liquidity, serves as a key test for the bulls. Simultaneously, the legal resolution, though costly, could pave the way for increased institutional confidence, potentially catalyzing BNB's upward trajectory. 📈 BNB Analysis | 💰 Liquidity Layers | ⚖️ Legal Verdict Catalyst ❗See related ideas below❗ Are you ready to ride the liquidity wave with BNB? Share your insights and strategies ! 💚🚀💚Longby Yaroslav_Krasko4
BNB Update - 23082023BNB Should hold critical support at 200. Otherwise whole crypto market will drop as we observed in FTX collapse. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.by rukshan2102Updated 4
$BNB Multi-Month Breakout with FAEURONEXT:BNB has recently broken its multi-month resistance with a positive Fundamental Anaylsis. With the 4 Billion $ Settlement for Binance Case this is a catalyst that will skyrocket the price action of EURONEXT:BNB and allowing it to recover its $300ish levels With the volume and momentum at hand, I'm confident that EURONEXT:BNB will outplay CRYPTOCAP:BTC 's weekly growth in terms of its gains.Longby ScorchedKnight890
BNB/USDT 4HInterval ChartHello everyone, let's take a look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price has returned below the downtrend lines. When we unfold the Trend Based Fib Extension grid, we will see a support zone created from $24 to $241, while it is worth marking the support level at $231.8. Looking the other way, we have significant resistance at $248.6, but it is worth defining the resistance zone from $253.8 to $257.5. Looking at the CHOP indicator, we see that there is still energy for a new move, on the RSI indicator we have a rebound with room for further declines, while on the STOCH indicator we are approaching the lower limit, which could have resulted in a temporary deceleration of the correction.by cryptodailyuk2
Short Position on BNBUSDTShort Position on BNBUSDT Entry Price: $246.14 Stop Loss: $249.35 Take Profit: $233.180 Trade Rationale: Entering a short position on BNBUSDT based on technical analysis and market conditions. The current price at $246.14 offers an attractive entry point as it aligns with identified resistance levels and potential reversal signals. Technical Analysis: Resistance Levels: The price has encountered resistance at higher levels, indicating a possible reversal. Bearish Signals: Technical indicators suggest a bearish momentum, reinforcing the decision to go short. Risk Management: Stop Loss at $249.35: Placed slightly above the anticipated resistance level to mitigate potential losses in case of an unexpected bullish move. Take Profit at $233.180: Set at a level where historical support is expected, aiming to capture profits before a potential bounce. Trade Execution: Execute the short position when the price reaches or goes below the entry point of $246.14. Monitor the trade closely for any signs of deviation from the analysis and adjust the strategy if needed. Disclaimer: Trading involves risk, and past performance is not indicative of future results. Always conduct thorough research and consider your risk tolerance before making trading decisions. This idea is for educational purposes only and not financial advice.Shortby dio_cel0
BNBUSDT.PHello Trader BINANCE:BNBUSDT.P within 1 day the resistance area has not been broken or touched at all in this pair. can be sure to be touched and there is a small support area, can be used as a benchmark for the bounce area for this pair. Please add a comment and Positive feedback and constructive criticism are important to authors and the community. Disclamer: Not Financial AdviceLongby mfiqrihanafiUpdated 1112