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BNB Binance Coin (Long Term)Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Today I want to talk about BNBUSD Before that, I want to remember It's not financial advice. I'm just sharing my view and opinion of the chart. Please do your own research. As seen on the chart The price is in the Support zone and I expect the price to react to this support again. But if the price loses this support zone everything will be difficult and the situation will be changed. This causes a drop in the market, which, as you know, can lead to a FUD in the market. so I expect we lose the first support zone at around 185 USD and move to 60-70 USD and if the second support zone one cannot support correctly the last support is almost 30 USD It's a fabulous zone to buy and Hold BNB for a long time. We will never see this price anymore. In other words, I have to say BNB has a very high target in a bull market. Buy BNB and Enjoy Please like, follow, share, and comment if you enjoy this Idea, Also share your ideas and charts in the comments. Wish you health and wealth. I hope you will fulfill your ambitions. Sincerely Yours
BINANCE:BNBUSDShort
by Sticky-Stock
3
BNB is the best asset now!Hello, everyone! While most of influencers are talking about some FUD which can happen with the Binance, we don't believe in that because Elliott waves are superior and it told us that BINANCE:BNBUSDT is an extremely strong asset which has likely reached it's bottom. Let's take a look at the BNBUSDT price chart. We consider the beautiful 5 waves impulse to the downside. Wave 3 bottom can be defined as the minimum value at the awesome oscillator. After that the wave 4 has been represented as a flat correction and final leg down looks like the wave 5. We suppose that wave 5 has been already finished because we have the bullish reversal bar at the very bottom. This bar has the great angle with the alligator. Moreover, momentum at the AO has been reversed and it formed the bullish divergence with the BNB price. We don't know if price has finished the global bear market or not at this point, but bounce at least to Fibonacci retracement at $280 is anticipated anyway. There we will decide what is coming next. Best regards, Skyrex team __________________________________________________________ 🔥Please, follow us and smash the rocket🚀 button to support us🔥
Long
by Skyrexio
BNB ROAD MAP (1D)Recently, many margins have been created for Binance and there are many concerns that this coin will experience the fall of freedom. But the chart is really behaving correctly and logically, and we think it is unlikely that what happened to luna or ftx will happen to Binance as well. Considering the temporal behavior and the number of correction branches we observed, we realized that there is a high possibility that we are in a diametric correction structure. I marked the beginning of correction in the chart. From where I have marked the red arrow, this coin has entered its large and complex corrective pattern Now what is clear is that if the identified pattern is correct, we should be inside wave E of this diametric. The green area is a low-risk area for buying, especially for those who are holders. I believe that those who are even holders should have a specific stop loss. I specified the invalidation level. If a daily candle closes below this level, this analysis will be violated. Our first target will be the upper red area. You should be careful that the time frame of this analysis is daily and time-consuming.
by behdark
3
One more drop to 185First, we look at BNB/BTC on weekly chart BINANCE:BNBBTC has the support around 0.006881 - MACD divergence - Weaken Selling Pressure shows on Volume So I expect price will bounce back when hit the support Second, we look at BNB/USDT on daily chart After, BINANCE:BNBUSDT has broken down the support and dropped to 203.4 Now, it's pulling back to the resistance 235 I expect Binance Coin will down more to 185 if it's failed at resistance zone Wait and see next move
Short
by trieutv
3
Channel Break Leads to $200 Support Test Amidst Market ShiftsOver the course of the previous week, an interesting shift occurred in the trajectory of Binance Coin (BNB)'s price movement, marking the end of its existing range trend. This shift was characterized by a noteworthy event: the breach of the lower boundary of the channel. This development was propelled by a surge in selling pressure across the market, effectively driving the price of BNB downward, ultimately settling around the $213 mark. What merits closer attention is the profound impact of this breach on the broader channel designed to encapsulate Binance Coin's price action. As the foundation of this larger channel was shattered, a consequential transformation took place. The area that was once a floor now transitions into a critical resistance point. Anticipating such a scenario, market analysts had assigned a higher likelihood to a price descent towards the $200 range. This projection materialized, underscoring the predictive capability of these analyses. Consequently, the movement towards the $200 range becomes a pivotal juncture to watch, bearing the potential for various implications. A prospective retracement back towards the resistance band within the $225-230 range could incite another adverse response from the market, possibly leading the BNB price to revisit the $200 support level. The significance of the $200 range in this context can hardly be understated, as it serves as a confluence point for crucial support levels. This overlap contributes to its potential to trigger a positive response and spark heightened demand for the BNB price. In essence, this recent sequence of events marks a significant departure from the previously established range trend for BNB, and the breach of the channel's lower boundary has introduced new dynamics to the coin's price action. Observing the interplay between the resistance-turned-support levels and their influence on market sentiment will likely provide valuable insights into BNB's short-term price trajectory.
by MonoCoinSignal
13
BNBUSDT - Price can make small movement down and then bounce upHi 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 to flat, where it broke support line and later declined to $235 - 231 resistance area. Next, price exited from flat and fell to $215 level, but a not long time ago Binance Coin broke it. At the moment price trades below and I think that BNB can decline a little more and then bounce up to $225, breaking resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
12
Binance Coin can start rise to the 225 resistance levelHello 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 rebounded down and fell back below. In a short time, BNB bounce back higher than the 247 level and later rose to the resistance line of the wedge, but then it started to decline. Binance Coin declined below the 247 resistance level and some time traded below it. And when the price reached 247 again, it rebounded down and started to decline until to 225 current resistance level. Also, price exited from the wedge and later broke the 225 level. At the moment BNB is traded below and in my mind price can start to rise to the resistance level. For this reason, I set up my target at the 225 resistance level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
3
Binance Coin BNBUSDT Price Analysis (8h)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 readings are indicating an oversold condition. An interesting twist awaits: if the price ventures even lower, pushing towards the $200 vicinity, it could potentially trigger a Bullish Divergence. This scenario aligns with a pattern we observed back in mid-June when the triangle formation began. Keep a close watch on these dynamics as they unfold. Remember, trading requires vigilance and adaptability. Stay tuned for further updates, and as always, happy trading! 🚀📊
B
by Vestinda
BNB Binance Coin Sell Opportunity? BNB (Binance Coin) may face potential downside risks as a bearish outlook looms over the cryptocurrency. The recent surge in price could be seen as a sell or short opportunity, primarily due to the ongoing lawsuit against Binance by the US Federal Reserve (FED). The FED lawsuit raises concerns about regulatory scrutiny and potential consequences for Binance, which could have a negative impact on the value and reputation of BNB. If the lawsuit results in unfavorable outcomes for Binance, it may weigh heavily on the coin's performance in the market. Investors considering BNB should carefully evaluate the potential risks associated with the regulatory uncertainty surrounding Binance. My short term price target for BNB is $225. Looking forward to read your opinion about it.
Short
by TopgOptions
5
What's Next For BNB/USDT? Binance Coin Analysis 💎Attention, Paradisers! BNB is currently on a downward trajectory, eyeing a revisit to its pivotal support zone around $220, a level it has approached twice before. 💎Recently, BNB experienced a sharp price drop, establishing a bearish OB and creating an imbalance on its chart. 💎We're hopeful that after touching the $220 support, BNB will pivot and address the earlier imbalance. 💎Yet, it's essential to note that the broader market's volatility can influence BNB's price direction. 💎Stay connected for the latest insights and market updates with us.
Long
by MyCryptoParadise_Nathan
2
BNBUSDT - Price can start to move down to support levelHi guys, this is my overview for Binance Coin, feel free to check it and write your feedback in comments👊 Recently price bounced down from $245 resistance level, which coincided with resistance area. BNB fell to $238 support level and soon bounced back to resistance level, but soon fell below support area. Next, price started to rise inside rising channel, in which BNB rose higher of $245 level and reached resistance line. Also, price left channel and entered to triangle, but not long time ago BNB exited from it and declined to support level. Binance Coin bounced from $238 level and now continues to move up and I think that price can fall to support level, break it and make retest. As well then Binance Coin can continue to decline to $235 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
7
HelenP. I Binance Coin can continue to trades in upward channelHi folks today I'm prepared for you Binance Coin analytics. A not long time ago price declined from the resistance zone, which coincide with the 246 resistance level to the 238 support level, which is located inside the support zone. After this, BNb tried to back up but failed and fell to the support zone, which later started to rise inside the upward channel. In the channel, the price rose to the resistance line and even made a fake breakout to 249 point, but soon declined back and continue to trade inside the channel. Next Binance Coin reached a 246 resistance level and then rebounded down to a 238 support level, thereby breaking the support line of the channel, but recently it bounced back and at the moment continues to rise in the channel. I expect that Binance Coin can fall to the support line of the channel and then bounce up. For this case, I set up two targets, the first target at the 243 level and the second - 246 resistance level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
7
Binance Coin can rebound from support level and start to move upHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some days ago rebounded from the 250 resistance level, which coincide with the seller zone, and made a strong downward impulse to the support line, thereby breaking the 240 support level. After this movement, BNB bounced up and rose to the resistance line of the triangle and soon started to fall. Price fell to the support level, which coincide with the buyer zone, and later declined more to the support line again. Then Binance Coin rebounded from the support line, made an upward impulse to the resistance line, and a not long time ago fell to the 240 support level. Also recently, the price made a fake breakout of the resistance line of the triangle and at the moment, the price continues to trade near the 240 level. In my mind, BNB can rebound from the support level and start to rise to the resistance line of the triangle. Then price can exit from the triangle and continue to move up. For this case, I set up two targets, the first target at the 245 and second - at the 250 resistance level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
6
BNBUSDT - Price can exit from triangle and continue to riseHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Recently price bounced from resistance zone and started to fall to $237 support level, thereby breaking $242 resistance level. Also then, BNB started to rise inside from rising channel, where it broke $242 resistance level again and even made fake breakout. After fake breakout, price made strong upward impulse to $248 resistance line, thereby exiting of rising channel. Then price fell to support line, forming triangle pattern, and now continues to trade near resistance line inside triangle. In my mind, Binance Coin can bounce up, thereby exiting from triangle and breaking resistance level. As well, I think that price can make retest and then continue to rise to $245 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
10
#BNBUSDT Buyers Flex Muscles💎A few days back, #BNBUSDT accomplished a significant feat by successfully penetrating the downtrend trendline resistance. On the subsequent pullback, it found solid support at the uptrend trendline, igniting potential for increased trading activity and volume. As the probability now strongly favors further growth, an intriguing opportunity for buyers emerges. 💎This opportunity remains compelling as long as #Binance coin remains above the crucial $220 support, where it formed a double bottom. While we anticipate further growth, Paradisers must also be prepared for potential price spikes below the current minor support at $235. 💎As we chart the course for #BNB, our eyes are on the critical resistance at $285, which converges three powerful indicators—the 50% Fibonacci retracement, the downtrend trendline, and the 200 Simple Moving Average. The presence of these indicators at $285 suggests that this uptrend may unfold over approximately 3 weeks. 💎Additionally, the MCP team will closely monitor the next significant psychological resistance at $300, corresponding with the 61.8% Fibonacci retracement level, the previous supply zone, and the breakout point of the 200 SMA. 💎In summary, #Binance's imminent move, expected to unfold very soon, keeps us on our toes. With our foresight and strategic approach, we are poised to seize every opportunity that arises, whether it leads to bullish or bearish territory.
Long
by MyCryptoParadise
HelenP. I Binance Coin can break support level and fall to $237Hi folks today I'm prepared for you Binance Coin analytics. Some days ago price reached the 245 resistance level, which is located inside from resistance zone, and later started to decline to the 240 support level. After this, BNB tried to rise back, but failed and made impulse down below the 240 support level, which coincide with the support zone to the trend line. Then the price started to move up near this line and in a short time it reached the support level and broke it. After this price rose higher of the support level and then made the correction and later rose to the resistance zone. When the price touched the resistance zone, it bounced down to the trend line, but Binance Coin at once rebounded up and rose higher of the 245 resistance level. As well recently, the price started to decline and soon it fell below two levels, thereby breaking the trend line too. But a not long time ago BNB rebounded up and now trades near support level. I expect that Binance Coin can fall to the support zone, thereby breaking the support level. After this movement, the price can make a retest of the support level and then continue to decline, For this reason, I set up my target at the 237 level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
4
BNB/USDT (4H)--- Rising ralley is comingHi traders,hope you have good time.On the BNB chart, I envision a good rise due to the Bitcoin dominance situation. The 4-hour trend line is maintained and currently has the strength to break through the 260 resistance. If 2 4-hour candles close below 235, this The analysis is violated. The 200 EMA indicator, which is marked by the pink line, the price was able to break it and stabilize above it, which is a good sign. The resistances of 282 and 303 are the most important ranges for TP. ENTRY POINT:240 STOP LOSS:CLOSE 2 (4H) CANLDLE BELOW 235.4 TP 1:282 TP 2:303
Long
by Parsa-Tyra