After exiting of triangle, BNB can make retest and continue growHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price a few moments ago declined to the support level, which coincided with the buyer zone and even fell to this zone. But later, BNB reached the support line of the triangle, and at once rebounded and made a strong upward impulse to the resistance line, thereby breaking the 306 level, which is located inside the support area. Then price rebounded from the resistance line and started to fall to the support area, and when BNB declined to this zone, it at once rebounded and tried to rise back to the resistance line of the triangle, but failed and fell back to the support area. Later Binance Coin bounced from the support area again, finally reached the resistance line, and even soon broke it, thereby exiting from the triangle. Now, I think that BNB can make a retest to this resistance line and then continue to move up. For this case, I set my target at the 342 level. Please share this idea with your friends and click Boost 🚀
BNB
BNB/USDT Ready for a Bull Run? 👀🚀 BNB Analysis 💎 Paradisers, set your sights on BNBUSDT for a significant trading possibility. The asset is currently in a descending channel, indicating a strong potential for an upward shift from a key support level.
💎 Over the last month, BinanceCoin has skillfully adhered to its channel pattern. Having now reached the crucial support level at $206, there's a pronounced chance of a bullish reversal, which could culminate in a breakout from the channel.
💎 This outlook is bolstered by VRVP analysis, which suggests that historical visits to key support levels typically lead to strong bullish movements. If this bullish trajectory continues, BNB could be heading towards resistance levels at $271 and $310.
💎 However, it's crucial to monitor BNB closely. Falling below the current support level would require a significant reevaluation of our trading approach. Such a trend reversal could indicate difficulties in maintaining the bullish momentum, requiring strategic adjustments to align with the changing market conditions.
💎 Remain vigilant and proactive, Paradisers. Paradise Team is committed to provide you with thorough analysis and strategic insights to empower you to navigate these market fluctuations skillfully.
BNB: Resistance BreakoutTrade setup : Following a bullish break above $300 resistance zone, price reached as high as $338 but got very overbought (RSI > 80). Now it’s pulled back and is retesting that $300 key level. Upside potential to $350. Stop Loss (SL) level at $285 (10% downside risk versus 20% upside potential for a 1:2 Risk-Reward Ratio).
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $300 (previous resistance), then $260. The nearest Resistance Zone is $350.
After exiting from pennant, BNB can continue grow to 240 levelHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some time ago declined to the buyer zone, breaking the support level, and even later declined to lower this zone, but soon it rebounded back, making a fake breakout of the 245 level. Also, BNB started to trades in a range, where it later rose to the top part, but then rolled a little down. After this, the price made an upward impulse to the current support level, thereby exiting from the range and entering the pennant. In the pennant, BNB broke the 308 level, which coincided with the support area, and a few moments later reached the resistance line of the pennant. After this movement, Binance Coin bounced from this line and in a short time declined to support the area, but recently price rebounded up from this area and even soon broke the resistance line, thereby exiting from the pennant. So, now I think that Binance Coin will fall to the support area first, and then it can continue to move up. For this case, I set my target at the 240 level. Please share this idea with your friends and click Boost 🚀
🚀💹 Binance Coin (BNB) Awakens with 18% Weekly Surge! 🌐🔥Binance Coin (BNB) has experienced a notable resurgence, surging over 18% and reaching a price level exceeding $300. This bullish momentum has propelled BNB to new local highs and is reviving optimism in the cryptocurrency, particularly after facing challenges from regulatory concerns in the United States. Here are the key details:
Market Performance:
Price Surge: BNB has recorded an impressive 18% price increase over the week, demonstrating a strong bullish reversal.
New Local Highs: The cryptocurrency has achieved new local highs, marking a positive shift in its price trajectory.
Resilience Amid Regulatory Challenges: Despite facing challenges related to regulatory scrutiny in the U.S., BNB has shown resilience and regained positive momentum.
Technical Outlook:
The current resistance is identified at $350, and a successful break above this level could pave the way for BNB to attain new yearly highs.
The bullish reversal is surprising and brings renewed optimism to BNB, signaling a potential turnaround in its market sentiment.
BNBUSDT - Price can make correction and then bounce up to $342Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it rose to $265 support level, which coincided with support area.
Then, BNB broke $265 level, reached resistance line of channel, and then made correction to this level.
After it some time traded near this level and then price rebounded and made upward impulse to $312 level, exiting from channel.
Also, BNB started to trades in pennant, after channel, where it broke $312 level and soon reached resistance line.
But a not long time ago price bounced from this line and declined to $312 level and at once bounced up.
Now it trades near support area and I think that BNB can fall to support area, exiting from pennant, and then bounce up to $342
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BNB LONG OPPORTUNITYthis is how I look at the setup for long BNB. I expect BTC to cool down to at least 34-35k and therefore BNB to make a correction.
Keeping the price at that support (from June 10 to August 15) gives me more, probably for higher prices (if we see a reaction, of course).
The second scenario is the zone below (scam wick), everything below that is not interesting to me
BNB: Resistance BreakoutTrade setup : Following a bullish break above 200-day moving average and $260 resistance zone, price resumed its uptrend and broke through out target of $300 resistance as well. Next resistance is at $350, however, price is now very overbought (RSI > 80). Hence, near-term, we’re likely to see it pause here on some profit taking. We wait for a pullback.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance : Nearest Support Zone is $260 (previous resistance), then $220. The nearest Resistance Zone is $300, which it broke, then $350.
BNBUSDT.1DBased on the given data, the BNB currency is currently trading at $311.0 against USDT. The RSI (Relative Strength Index) on the 4-hour, 1-day, and 7-day charts are 81.26, 81.26, and 69.76 respectively. These values indicate that the currency is currently overbought, suggesting a potential price pullback or slowdown in the near future.
The MACD (Moving Average Convergence Divergence) on the 4-hour, 1-day, and 7-day charts are 10.09, 12.06, and 6.0 respectively. These positive values indicate a bullish trend.
The Bollinger Bands (BB) on the 4-hour, 1-day, and 7-day charts are all at 314.0, which is above the current price. This could mean that the market is in a downtrend from the upper band and could potentially bounce back from the lower band.
In terms of support and resistance levels, the current price is above the first support level on all three charts and below the first resistance level, suggesting that the price is currently in a relatively stable range.
In conclusion, the market data indicates a bullish trend for BNB, but the high RSI values suggest potential overbuying in the market. If you are a risk-averse investor, it might be a good idea to wait for a potential price pullback before entering the market. On the other hand, if you are risk-tolerant, you might see this as a buying opportunity given the positive MACD and the current price position between the support and resistance levels. However, please do your own research or consult with a financial advisor before making any investment decisions.
BNB IS VERY BULLISH (1W)Previously, for BNB, we considered a diametric, but the conditions of the waves are such that it seems that we are inside a triangle.
It seems that we are now in the final wave of this triangle, the E wave.
Based on the signals we have on the chart, we think $207 is the absolute bottom for BNB!
By maintaining the key level, which is $207, it can move towards the targets.
Our stop is the close of two weekly candles below $207. Further confirmation is when RSI resistance is broken above
BNB/USDT 1DInterval ChartHello everyone, I invite you to review the BNB chart. As we can see, after the announcement of the new lanchpad, the price with dynamic movements overcame a strong downward trend line. Also, when we turn on EMA Cross 50 and 200, we will see that the indicator confirms the return to a strong upward trend, now we need to watch whether we will maintain this trend.
After such a dynamic increase, it is worth spreading the Fib Retracement mesh to check the current resistance. And here you can see that the price is approaching a strong resistance zone from $320 to $352.
However, when the price starts to reverse, we can similarly determine support, and we can see the first significant support at the level of $271, and then we can see the price return to the strong support zone from $225 to $201.
The RSI indicator shows that we have exceeded the upper limit, which may result in a price recovery, and the situation on the STOCH indicator is similar, which may also result in a recovery. However, the CHOP index shows that this movement is running out of energy.
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HelenP. I After impulse up, Binance Coin can start to declineHi folks today I'm prepared for you Biance Coin analytics. Some days ago price rebounded from the support zone, which coincided with support 2, and soon made an upward impulse. After this, BNB started to trades in a big consolidation, where a few moments later, the price reached support 1, which coincided with the top part of flat. But then, BNB rebounded and declined until to trend line, which is located in the support zone. Later price tired to rise, but failed and declined back to zone, breaking the trend line. A few time ago BNB rose from support zone support 1, and in a short time price broke this level, exiting from consolidation. After this, BNB made a correction to support 1 and soon rebounded and made a strong impulse, breaking the trend line. At the moment, I expect that Binance Coin, after a strong impulse up, will start to decline to the trend line, . That's why I set my target at the 291 level. If you like my analytics you may support me with your like/comment ❤️
🔥BSW is Future Binance Top Gainer: Are U Ready to it❓Biswap fell by -97% from it's highs. It take 2 years and lot's of investors tears. Now the time is come and no one wants to buy it.
BSW is a very low-cap altcoin ($40mln) for a such huge exchange (Binance).
The targets and resistances are $0.134, $0.25 and $0.6-0.65 order flow.
💥 Altcoin with a $40mln cap is a real "Gem" and I think it can't test the wedge and break it with 1 single candle. Usually, it happens even without the squeese to the trendline above.
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📉⚠️🔻 BNB Alert: Eyeing -30% Drop 🚨💥🌪️📉 Gather around, brave short sellers, for a tale of market turmoil and thrilling opportunity in the realm of cryptocurrencies! 🌐✨ In the shadowy depths of the crypto world, a storm is brewing, a tempest named "BNB" (BNBUSDT). 🌩️📊 According to the ancient scrolls of the three-weekly charts, this once mighty digital titan has encountered a formidable resistance point, a dark omen foretelling a spine-chilling 30% descent into the abyss of market value. 💸🔻
Imagine, if you will, the crypto landscape as a vast, tumultuous sea. 🌊 BNB, a majestic ship, once glided smoothly upon these waters. But now, it faces the wrath of an unseen, monstrous wave, ready to engulf it in its terrifying embrace. 🚢🌊
But fear not, for in every story of doom, there lies a hidden path to glory! 🌟🔥 As the market quivers in anticipation, a door creaks open, revealing a path lined with golden opportunities for the daring short sellers. 💰🚪 Now is your moment to don the cloak of courage and wield the sword of insight. 🛡️🗡️
👁️🗨️ Keep your eyes peeled on the ever-shifting tides of the market. Be the eagle that soars above the storm, watching and waiting for the perfect moment to strike. 🦅⏳ When BNB begins its fateful plunge, leap into the fray with your short positions, and ride the wave of its descent to a treasure trove of profits. 💹🔥
In this chaotic dance of numbers and charts, remember: the greatest victories are often hidden within the folds of fear and uncertainty. 🎭🏆 Embrace the chaos, harness the power of the storm, and transform the fearsome winds of change into the winds of fortune. 🌪️💫
So, brave adventurers of the financial seas, set your sails for the tumultuous waters of the crypto market. In the heart of this maelstrom lies your chance to emerge not just as survivors but as victors, legends of the trading world! 🚀🌌🏅
$BNB Rallies 10% As Binance Launchpool Welcomes Sleepless AIBinance’s native token, Binance Coin ( CRYPTOCAP:BNB ), gained nearly 11% on Tuesday after the crypto trading platform announced its 42nd project on Launchpool — Sleepless AI ( NYSE:AI ). Now, Binance traders have the opportunity to farm AI tokens by staking CRYPTOCAP:BNB , FDUSD, and TUSD for seven days starting from December 28, 2023.
Sleepless AI stands out as an innovative gaming platform as it meticulously combines artificial intelligence ( NYSE:AI ) and blockchain technology. Moreover, the network mainly seeks to transform the gaming industry through a distinctive approach and the considerable expertise of its team. Therefore, considering the rise of AI, getting your hands on Sleepless AI rewards could be beneficial.
The listing of AI tokens on Binance is scheduled for January 04, 2024, at 10:00 a.m. UTC. Thereafter, it will feature trading pairs such as AI/BTC, AI/USDT, AI/BNB, AI/FDUSD, AI/TUSD, and AI/TRY. Moreover, the Sleepless AI token will be equipped with a Seed Tag, adding an exclusive touch to its trading status.
Sleepless AI has a total supply of 1 billion AI tokens. Out of this, the Binance Launchpool token rewards amount to 70 million AI, which is 7% of the total supply. Moreover, the recent announcement disclosed that the AI token will have an initial circulating supply of 13 million AI, which is 13% of the total token supply.
According to the Sleepless AI whitepaper, AI tokens could be used to purchase in-game tokens as well. Furthermore, in-game purchases would be discounted for those who hold AI. Also, gamers would be able to purchase upgrades using AI tokens.
CRYPTOCAP:BNB Price Surge
After the latest announcement was made, Binance Coin ( CRYPTOCAP:BNB ) ascended significantly. As of writing, the CRYPTOCAP:BNB price was up by 10% as it traded at $294.75. The market capitalization of CRYPTOCAP:BNB was recorded at $43.8 billion, gaining 9.43%. Additionally, the 24-hour trade volume soared by 71.06% to $1.3 billion. Also, it is worth noting that the CRYPTOCAP:BNB crypto registered a new 1-month high of $288.79 on Tuesday.
BNB/USDTHey guys, look at this perfect analysis of $BNB. I hope you guys have made some good profits on this trade. What a perfect target hit from the entry.
Remember securing profit is a key as a trader
Always trust
@TheCryptoCity1
#BULLRUN2024 #XAUUSD #Binance #Binance #GOLD BCBA:ROSE #cryptocurrency
BNB STILL BULLISH Reaction of 100DMA and acceptance of 200DMA is bullish! Holding above 230$ gives BNB a chance to attack higher prices.
You have to go step by step, holding above $250 is potentially a change on this chart.
A lot of them forgot about this coin, but when it's Ethereum's turn, BNB will follow.