Daily Chart Binancecoin is neutral in the daily chart and teasing the top of the daily range zone at $589. An inability to break $589 to the upside will push BNB price towards $480, however the price action towards $480 will be slow and choppy. If Binancecoin is unable to maintain price above $480, the daily support zone (marked grey) we will see BNB in the...
BNB ~ 6H 📈 #BNB Make purchases gradually from here, with a minimum target of 10%+
Yesterday Binancecoin failed to reclaim $586. An inability to break $586 to the upside will push BNB price towards $504-$529 and, if unable to sustain price action above $504, lower to $455-$477. A daily candle closure above the key daily resistance of $586 is required for Binance coin to have another bullish extension to re-test $635-$660.
Binancecoin is testing the key daily resistance of $586. An inability to break $586 to the upside will push BNB price towards $504-$529 and, if unable to sustain price action above $504, lower to $455-$477. A daily candle closure above the key daily resistance of $586 is required for Binance coin to have another bullish extension to re-test $635-$660.
The year 2023 was not the best for Binance and CZ, if we analyze the news background, lawsuits, fines, etc. But everything seems to have "calmed down and stabilized" The other day, there was another burning of BNB worth more than $600 million. Now, 154 million of the 200 million coins that were in circulation at the beginning are in circulation. Almost half of...
The BNB/USDT pair is currently displaying a promising cup and handle pattern on the daily time frame, suggesting a potential bullish reversal. This classic chart pattern typically signifies a period of consolidation followed by a breakout to the upside. With the cup and handle formation in play, there's a strong possibility of a continuation of the upward trend,...
Based on the market data provided, BNB (Binance Coin) is currently trading at 485 USDT. In the short term (4h chart), the RSI (Relative Strength Index) is at 75.27, which is considered to be in the overbought territory. This could indicate that a correction or a slight pullback might be in the offing. The MACD (Moving Average Convergence Divergence) is at 17.5,...
This is as perfect as it gets!!! The TTR target was hit to the penny! I took off partial of my long-term holdings here. I will be adding at 340-320 level. There is a potential of hitting 475+ if the price breaks out above today's high
My friends, I am intensively working on BNB. You can also review my previous analyses regarding BNB. I hold a positive view on BNB. The ecosystem is expanding, the BNB staking in launchpads, Binance's dominance in the sector, and the token burning policy until it drops below 100 million—all these factors are positive for BNB. As you can see, my past predictions...
Based on the given market data, the Binance Coin (BNB) is currently trading at $348 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 44.49, 75.01, and 76.11 respectively. This indicates that the coin is in a neutral zone in the 4-hour interval, but is overbought in the 1-day and 7-day intervals. The Moving Average Convergence...
Reviewing the Binance Coin (BNB) against Tether (USDT) chart, it's notable that the Elliott Wave structure points to us currently being in the fourth wave. Correcting the previous analysis, we do not see the completion of the fifth wave but rather the fourth wave, which suggests that the market is in a corrective phase rather than an impulsive final wave...
Market Context: BNB/Binance has enjoyed a strong bullish run, but monthly timeframe signals point towards the asset being overbought. Additionally, a move into previous highs on teh 1M and 1W charts hint at a possible pullback to the 50-61.8% Fibonacci retracement area. This zone often sees increased liquidity, which could attract long positions from institutional...
Comprehensive Analysis of the Potential Downturn in BNB/USDT: A Bleak Scenario Unfolding As we delve into the intricate web of factors surrounding the Binance Coin (BNB) and its pairing with Tether (USDT), a comprehensive examination reveals a gloomy outlook that may pave the way for a substantial decline from its current value of $307 to a support line around...
BINANCE:BNBUSDT.P in 1D TF its in uptrend ,4H liquidity has been taken and shifted market to the upside.possible long scenario. ENTRY : 297.27 TP : 317.00 SL : 288.42
BNB is currently forming a symmetrical triangle pattern & BTC dominance is also at support zone try to find some shorts in altcoins with low lev.
BNB has bounce back from 290 (major support) & 300 support area successfully, It can reach its 1st target at 335 & 2nd target at 350 soon. BUT on one condition. I have already published an idea on it ,Check that out & make sure to follow me.
BNB is currently above the hourly resistance. We can take long at retest around 310 to 308 zone. 1st target would be at 335 and 2nd at 350. Stoploss around 303 to 302. Lev :- 1.5X to 2X
After a correction in the range of 50%, after exiting the density, it can continue the growth with a pullback to the support range until the supply range. At the same time, this correction may continue up to the 23% Fibo range if the support range is broken, which will be the red line range.