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BNB - Binance will overcome all FUD!Hello, dear friends! Recently there are a lot of FUD around the Binance exchange and all this information reflects on the BNB price. It looks weak, but remember that 1 month ago somebody tells that cz_binance has the liquidation below $213. As you can see price went lower and everything is OK. Bad guys are trying to destroy exchange, but they will not be able to do it. Let's destroy this FUD and support Binance, because this is the vital player on the cryptocurrency market. I am not aware of all internal fundamentals, but price chart tells me that everything is going to be awesome. Let's take a look at the last downside impulse. It has the clear 5 Elliott waves structure. Bullish confirmed divergence with the Awesome Oscillator tells us that downtrend is over. Moreover we can see the bullish reversal bar on 1D timeframe, changed momentum. Lats thing which price shall do is to break the fractal to fully confirm the uptrend. The most conservative target is 0.61 Fibonacci at $280. As you understand this pump cannot happen on some negative news. Therefore negative news are not likely in the nearest future. 🔔Follow us and never miss the update!
Long
by Skyrexio
2
BNBUSDT - Price can reach resistance level and try to break itHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 A few days ago price bounced up from support line to resistance line, thereby breaking $217 level. Soon, price made correction, after which it rose back to resistance line, but then made strong downward impulse to support line. Also, BNB broke $211 level, and soon it rose to support area, where it some time traded and later fell back. Then price entered to rising channel, in which BNB rose to $217 resistance level, breaking $211 level again, but recently bounced down. Now Binance Coin trades very close to support line of channel and I think price can bounce up to resistance level and try to break it. After breakout, BNB can make retest and then continue to rise to $220 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
7
HelenP. I Binance Coin can continue move down to support levelHi folks today I'm prepared for you Binance Coin analytics. Some days ago price rose to the 217 resistance level, which coincided with the resistance zone, and even made a fake breakout, but at once rebounded back and fell below the 209 support level to the trend line. Then BNB bounced from the trend line and made a strong impulse up to the resistance level again, and even later broke this level and rose to 221 points. After this movement, the price started to decline and in a short time, it first fell to the trend line, broke it, and declined to the 209 support level, which coincided with the support zone. Next, BNB tried to rise but failed and fell to the support zone, where it at once rebounded and made impulse up to the resistance level, which this moment coincides with the trend line. But recently the price rolled down and now trades near the trend line. I think that Binance Coin can continue to decline to support level. For this case, I set up two targets, the first target at the 213 level, and the second - at the 209 support level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
5
BNB - YOU CAN PROFIT from Range TradingHi Traders, Investors and Speculators of Charts📈📉 Range trading can be dreadful, boring, and also a risky time to trade! BNBUSDT is expected to continue trading in a tight range. However, this doesn't mean you cannot profit during times of low volume. Although leverage trades often get shaken out by algorithms, spot trading could be strategically used to buy lower and sell higher; old school style. Also, we're celebrating 10K followers so cheers to you 🥂🥳 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:BNBUSDT
by CryptoCheck-
44
BNB - BUY targets about to hit 💰📉Hi Traders, Investors and Speculators of Charts📈📉 Binance coin is oversold, but our technical indicator has not yet flashed the "Extreme Oversold". This indicates that it's possible to see one more move downward (even if it's just a wick) before the RSI corrects from being Oversold. BNBUSDT looks like it's about to hit my spot buy targets with the traditionally approach of buying low and selling higher at the first and second resistance zone. Leverage trades often get shaken out by algorithms, spot trading could be strategically used to buy lower and sell higher; old school style. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:BNB BINANCE:BNBUSDT
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by CryptoCheck-
21
BNB/USDT Analysis:- Ready for $100 in few Days?Binance Coin (BNB) Technical Analysis: A Bullish Future Amidst Short-Term Challenges:- Introduction: Binance Coin ( EURONEXT:BNB ) is currently trading at $209, and there are some intriguing developments in its chart that we need to explore. This technical analysis will delve into the short-term expectations for EURONEXT:BNB and provide insights into potential buying opportunities and long-term prospects. Please note that this analysis represents my personal opinion and is not financial advice. Always conduct your own research before making any investment decisions. Short-Term Outlook: As we examine the current chart for $BNB/USDT, it's evident that there's a potential downside move looming in the coming days. However, there's more to the story. In the weekly chart, a Bull flag pattern is forming. This suggests that while we may see short-term bearishness, there's a strong indication of a bullish trend in the near future. The critical support level for the Bull flag channel is at $100, and I anticipate $100 becoming a key price point in the short term. Opportunity in the Dip: With the strong support at $100, this presents an excellent buying opportunity for investors looking to enter the EURONEXT:BNB market or increase their holdings. It's important to note that purchasing at or near this level could yield substantial gains when the next bull run occurs. Long-Term Perspective: While the short-term may pose challenges, the long-term outlook for EURONEXT:BNB is quite promising. I anticipate a significant bull run in the future, with price targets ranging between $2000 and $3000. However, this is a longer-term projection and should be considered as such. Critical Price Levels: Currently, the $210-$250 range is of utmost importance. Traders and investors should closely monitor this level as it could serve as a pivot point for EURONEXT:BNB 's short-term direction. In summary, Binance Coin (BNB) is experiencing short-term turbulence, but the formation of a Bull flag pattern suggests a bullish future. The $100 support level is key, and buying opportunities may arise there. Long-term prospects for EURONEXT:BNB are exciting, with potential for substantial gains in the next bull run. Support Levels: Short-Term: $200/$100 Resistance Levels: $310/$460/$660 Remember, this analysis is my personal opinion, and it's crucial to conduct thorough research and consider your risk tolerance before investing in any cryptocurrency. Stay informed and make informed decisions to navigate the volatile crypto market successfully. Please Follow me for More quality analysis.
by CryptoPatel
BNB Binance Coin PT| Binance vs SEC Lawsuit | Whales DumpingIf you haven`t read my article about Binace being the new FTX: The you need to know that Binance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws. The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community. Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative guidance from Congress. The original lawsuit, filed in June, accused Binance of unlawfully listing unregistered securities. Historically, the actions of whales have been instrumental in shaping the price movements of Bitcoin and the broader cryptocurrency market. Non-whale addresses, those holding less than 100 BTC, now account for over 41% of the total Bitcoin supply. Meanwhile, whales, entities holding between 100 and 100,000 BTC, have witnessed a decline in their collective holdings to 55.5%, marking their lowest ownership level since May. The decrease in whale holdings could signal a potential change in the market's dynamics, potentially leading to increased volatility and uncertainty. These developments collectively cast a shadow over the cryptocurrency market's near-term prospects. In this context, my price target for BNB Binance Coin is $184. Looking forward to read your opinion about it!
Short
by TopgOptions
BNBUSDT - Price can make correction and then continue to growHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 After price bounced from $217 resistance level, it entered to falling channel, where it declined to $210 support level. Then Binance Coin broke this level and fell to support line of wedge, in which price at once bounced back. Inside wedge, price rose to resistance level, which coincided with resistance zone, and even broke it and reached $220 points. But then price started to decline and in a short time backed up to support level, thereby breaking $217 level and exiting of wedge too. Firstly BNB fell to support area, but recently it bounced up and now trades near, tha'ts why I think price can make correction to $210 again. And then Binance Coin can continue to rise to $215 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
8
HelenP. I Binance Coin can fall little more and then rebound upHi folks today I'm prepared for you Binance Coin analytics. After the price bounced from the 217 resistance level, which coincided with the resistance zone, it first declined to the 211 support level. Next, the price broke this level and declined to the support zone, but soon BNB continued to fall and declined to the trend line. Then the price rebounded from the trend line and made impulse up to 211 support level and even rose higher of that, thereby breaking it, and then started to trade near this level. Some time ago price rebounded from the 211 support level and made impulse up again to the resistance level. After the price reached the 217 level, BNB broke it and rose to 221 points, but soon price rolled down and started to decline. Price declined below the resistance level, thereby breaking it, and also reached the trend line, which it recently broke too, and declined lower. At the moment Binance Coin trades below the trend line and I think the price can decline a little more and then bounce up to the resistance level. For this case, I set up my target at the 217 resistance level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
7
After upward impulse, Binance Coin can start to declineHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price a not long time ago declined to support line of a downward channel and then tried to rise, but failed and fell back. After this BNB rebounded up and made a fake breakout of the 217 resistance level, and then continued to fall to the 211 support level, which is located in the buyer zone. Binance Coin broke this level, exited from the downward channel too, and then fell to the support line of the wedge, where it at once bounced up and made a strong upward impulse to the resistance line, breaking the 211 support level again. Then the price made a correction below this level, but soon it started to rise and in a short time BNB rose to the current support level, which coincided with the resistance line of the wedge. Also recently price exited from the wedge, broke the 217 level, and even made a retest. Now BNb continues to move up and I think that the price can start to fall to the support level and then try to break it. If the price breaks this level, BNB can make a retest, or at once continue to decline, therefore I set my target at the 214 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
11
2023 Showdown: Can Binance Coin Hold the $200 LineHello traders and investors! If you appreciate our charts, give us a quick 💜💜. A remarkable similarity between the current Weekly chart of BinanceCoin ( BINANCE:BNBUSD ) and the 2018-2019 market has become evident. It's as if we're witnessing a large fractal pattern unfolding before our eyes. However, as we stand on the brink of 2023, there's a critical juncture approaching - the $200 support level for $BNBUSD. When we examine this fractal in the context of 2018-2019, it suggests a scenario where the price could potentially break down, possibly leading to a significant 50% decline to approximately the $100 level. This pivotal moment at the $200 support level warrants our keen attention, as it could have substantial implications for the future direction of BinanceCoin. The echoes of the past are compelling, and it's essential for traders and investors to stay vigilant and monitor this unfolding pattern closely.
CRYPTO:BNBUSDShort
by Vestinda
BNBUSDT - Price can make one more move up and then start to fallHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 After price bounced down from $226 points, it declined below $220 resistance level, which coincide with resistance area. The price tried to rise but failed and declined to $205 support level, which is located inside support area. Also, BNB entered to rising channel, where it made an upward impulse higher than $220 level, but soon declined back, thereby exiting from channel. Then price started to trades in flat, after which it fell to support level, and a not long time ago bounced and started to rise. Now I think that BNB can rise a little more and then bounce down to $205 support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
9
HelenP. I Binance Coin can bounce up and reach resistance zoneHi folks today I'm prepared for you Binance Coin analytics. A few time ago price declined from 222 points and entered consolidation, where it declined until to 212 resistance level, which coincided with the resistance zone. However, after this movement, the price rebounded and started to rise to the top part of the consolidation. When it reached the top part, BNB at once bounced down to the resistance area, where it some time traded and later rebounded down to 204 points, thereby exiting from consolidation and breaking the 212 resistance level. A not long time ago Binance Coin bounced and made an impulse up to the resistance zone, but recently price declined back and at the moment it trades very close to the resistance level. I expect that the price can finally break the resistance level, make a retest, or at once continue to move up. Therefore I set up my target at the 217 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
8
Binance Coin can bounce up of support line and exit of triangleHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price a few time ago declined to the 237 resistance level, which coincided with the seller zone and at once rebounded up and continued to rise inside the upward channel. After the price reached the resistance line of the channel, it started to decline and in a short time, BNB declined to the 237 level again, broke it, and made a strong downward impulse to support line of the triangle, thereby exiting from the upward channel and breaking 237 and 213 levels. But after this movement, the price at once bounced up and rose to the resistance line of the triangle, breaking the 213 level again, which coincided with the buyer zone. When BNb reached the resistance line, it soon rolled down to the support level, and even recently tried to back up, but failed and bounced back to the 213 level. Now Binance Coin trades very close to this level and I think that the price can decline to the support line and then start to rise to the resistance line. Also, BNB can exit from the triangle and continue to rise, for this case, I set up my target at the 224 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
9
BNBUSDT - Price can break resistance level and then make retestHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 A few time ago price started to trades inside rising channel, where it fell to $215 level and then continued to rise. Later price made strong upward impulse to resistance line of pennant, thereby exiting from channel and breaking resistance $225 level. But then BNB bounced down and declined below this level and some time later declined to support line, breaking $215 level too. Also recently, price bounced up and tried to rise back, but failed and now trades in support area near resistance line of pennant. Possibly, Binance Coin can exit of pennant, break resistance level, and make retest, after which it starts to rise to $222 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
11
HelenP. I Binance Coin can make correction and then bounce upHi folks today I'm prepared for you Binance Coin analytics. Some time ago price bounced from the 214 support level and started to rise inside an upward channel, in which it reached the 224 resistance level. Then, BNB exited from the channel, and made a strong upward impulse to 235 points, thereby breaking the resistance level, which coincide with the 224 resistance zone. But soon, the price rebounded down back and even declined below this level. Price tried to rise, but failed and continued to fall to 214 support level, which coincided with the support zone. As well later BNB declined below this level, where it some time tarded in the support zone and later rebounded back. At the moment, Binance Coin trades near the support level and I expect that the price can make a small correction to this level and then continue to move up. Therefore I set up my target at 220. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
7
Support Tested as Price Trends DownwardAs anticipated last week, Binance Coin retraced its movement to the resistance zone between $229 and $234. Currently, it's heading back down towards its support level at around $207. There's now a higher likelihood of the price reaching the $200 mark. In the near future, we might encounter resistance around the $216 mark, possibly leading to a negative response. On the flip side, the support at $207 could trigger a positive reaction initially, but there's a chance it might be breached, extending the downward trend towards the $200 range.
by MonoCoinSignal
9
BNBUSDT - Price can break support line and continue fall to $210Hi guys, this is my overview for Binance Coin, feel free to check it and write your feedback in comments👊 A few moments ago price declined to $220 resistance level, which coincided with resistance area. Also, BNB entered to falling channel, where it broke $220 level and declined to support line of channel. Next, price tried to rise, but after it reached resistance line of channel, BNB bounced down to support line. Then price started to rise and in a short time, it rose to $220 resistance level, thereby exiting from falling channel. But then, Binance Coin bounced from resistance level and fell to support line, where it continues to trade very close. In my mind, BNB can rise to resistance level and then bounce down to $210 level, breaking support line. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
10
HelenP. I Binance Coin can break support level and fall to $205Hi folks today I'm prepared for you Binance Coin analytics. Some days ago price bounced from 232 point and made a strong impulse up to the trend line, thereby breaking the 245 resistance level, which coincides with the resistance zone. But then it started to decline and in a short time fell below the 245 resistance level, where it some time traded and even later broke the trend line and entered to resistance zone. A short time later BNB rebounded from the resistance zone and made a strong downward impulse to the 215 support level, which coincided with the support zone. But soon Binance Coin broke the 215 support level and fell to the trend line, where it some time traded and then rebounded higher of the 215 level. Now price continues to trade near this level and I expect that BNB can rise a little more and then start to fall to the support level. Binance Coin can break this level and then continue to decline. Therefore I set up my target at the 205 level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
10