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BNBUSDTPERP

Binance Coin recovery hits more barriers toward $360Binance Coin suffered rejection before hitting $440 last week. The bearish price action superseded a recovery move from the crash to $210 in May. As sellers regained, the bulls' focus shifted to securing higher support, perhaps at $400 and $380. However, declines soared, with Binance Coin plunging below the 100 Simple Moving Average (SMA) and the next tentative support at $340. BNB tested support at $320 on Tuesday before a minor recovery came into the picture. Binance Coin recovery treads on shaky grounds At the time of writing, the Binance exchange native token is teetering at $338. A bearish cloud is hovering, conceivably due to the hurdle at the 50 SMA on the four-hour chart. Moreover, failure to hold above $340 has triggered more sell orders as bears eye another drop to $320 and $300, respectively. The four-hour SuperTrend indicator, which follows the trend of an asset while considering the asset's volatility, has recently presented a sell signal. This call to sell appeared after the chart overlay line flipped above the price and changed from green to red. The signal implies that Ripple is in a bearish trend and traders should consider taking short positions. The same bearish outlook has been reinforced by the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD). The former is moving fast toward the oversold region, suggesting that the bearish grip is stiffening. Similarly, the MACD has a bearish signal accentuated by the drop below the zero line in addition to the MACD line (blue) increase the divergence under the signal line. However, it is essential to realize that a four-hour close above $340 may see market stability return. Moreover, gaining ground past the 100 SMA will validate recovery toward $400. Binance Coin intraday levels Spot rate: $338 Trend: Bearish Volatility: Low Resistance: $340 and the 100 SMA Support: $320 and $300
BINANCE:BNBUSDLong
by CoinGape
BNB 1D A little positive, growth is possibleConsider the BNBUSDT chart on the daily timeframe The May drop in BNB price stopped in the $215-230 liquidity zone, which we noted as an important target in the previous idea. After that, we got an almost 100% bounce of the Binancecoin price upwards. Is this the end of the upward bounce? We hope not. In the coming days, we expect another upward impulse in the price of BNBUSDT to the area of ​​$530 After that, I would like to see a correction, but not deeper than $350-380 We think that it is in this liquid zone that the future of the further strong price movement will be decided. 1) The first option is a movement from the consolidation of $350-380 and upward with a renewal of the maximum to the area of ​​ $820-890 to begin with. 2) The second option is the aggression of sellers, negative news background in general on the crypto market. Then it will be difficult to stop the fall in the zone of $215-230, and below we have zone $115-150 _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
39
BNBUSDT i.using the fibs from January's expansion, price is consolidating at equilibrium 365zone (fibs 50%)... ii. price got rejected twice around 290-279zone(fibs 62%) indication a possible push back up but the equilibrium zone is a major hurdle as well as 443zone (fib 38%), 413zone, 485zone iii. A break below 350zone (S turn R) exposes 244zone and further breakage exposes price to 190 order block (4hr), Sweet Spot iv. a break above 486 zones/4hr trendline would expose the 553 (fibs 78%) leg up blue lines indicate buying opportunities, Redlines indicate hurdles on the way up or selling opportunity Not a financial advice, just my thoughts
BINANCE:BNBUSDLong
by Ade2olambo
BNB 12h Action Plan for the coming weeksYesterday on the cryptomarket clearly reminded everyone what a crypt is and that, in addition to growing, it can also fall very strongly. Because a year of non-stop growth in the crypto market dulled the feeling of fear, caution and discipline in traders. Now to BNBUSDT In the previous global idea BNBUSDT, we wrote targets from above and the price did not reach $30 to the first of them, the maximum was $691 with a target of $720 And then the problems began, and we warned that below $400 for BNB would be very painful for a deposit. In general, the price of BNBUSD fell by -45% yesterday and this is the average result of yesterday's fall on the cryptomarket, because some alts showed and -60% -75%. BNB price reached the first liquid level of $275 and bounced briskly, below we had $210-230. And a few days ago there was a short-term idea and here is its development: If we look at the BNBUSDT chart today, you can see that buyers managed to close the bodies of two 12h candlesticks within the channel, and the lower shadows indicate liquidations. This arrangement makes it possible to assume that the price BNBUSDT will bounce up to $480 in the near future , and then it will be necessary to closely monitor the behavior of the price and the general situation on the market. After all, further, the price behavior around the $400 level will again be decisive. If sellers are able to keep this level, then the way will open for growth again to $680 If the level of $400 does not hold back the onslaught of sellers and possible negativity in the market, then from below it will already be necessary to focus on $140-145. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
24
BNB heading for potential Breakout soonNow that Crypto market is back in action, after Bitcoin's tragic fall. Looks like Altcoins are ready to create ATH's again. BNB is one that coin that has given some good results over the past few weeks. Going by the chart, on a larger Time frame, it is moving in a symmetrical triangle. BNB has been pushed down twice from the marked Resistance zone. May be in a day or two, it might try to test that zone again, and hopefully it will be able to break it to create a new ATH. If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends. Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks. Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
BINANCE:BNBUSDLong
by Manjyot
Let's look at BNB in ​​the backgroundWell first of all we already predicted several times, since its rise from 240 to the present. And its decline to 430-460 usdt, based on history and its rise to 600 for the second time. Now what does my magic ball say? Well let's see, we got it right 3 times, almost with very good precision, but let's do different ideas to develop possible clear scenarios. Let's build on history. And the patterns. They should not be ruled out either. Based on patterns, although it sounds absurd, the first bull rally looks too similar to the second, only with different volume due to the price increase. This would determine that BNB is now in a zone ready to hit 600 usdt again. Many traders tend to dismiss patterns, believing that they are not made for the sake of validity, but taking them into account is not a bad idea. Only in pattern did we know that BNB would have a decline similar to that of the previous bullish rally. To touch support at 430-460 usdt. Now let's go a bit to technical analysis. (BNB) turned down from the $ 600 resistance zone to $ 638.56 on April 21, indicating that there are strong sellers in it. And we are currently moving too close to the 20 day EMA. In past history BNB has never gone below this. This at EMA20 means that the bulls are buying BNB at this current price. Keeping it above this. BNB does not necessarily depend on BTC, we have seen that when BTC fell 52k BNB rose to 600 USD. If the bulls could push the price into a daily candle close above the more obvious resistance. It could be determined that we could go get the $800. Now let's look at the bearish side. If the bears manage to reject this attempt to bring it over the more obvious resistance. The bears could gain ground to take it to the SMA50, which could determine a price between 350-400 usdt. Now the doubt has this happened before? In the past, BNB was rejected by a second resistance in the second attempt to break the more obvious one. This led him to touch the SMA50 to start a rally, bullish, in the hypothetical case that this happens. We could see BNB at 400-500 USDT. In the red zone that I mark. If you notice the touch of SMA50, it was at a higher price, so let's get rejected by resistance 2, it doesn't necessarily represent a drop to 350 USDT. Could BNB fall due to a major correction of BTC? Yes, lately a lot of circumstances are happening in BTC. In the worst case we could see BNB touching 300 USDT. I doubt we will go below this price as there is too much demand for it. But as long as we stay above both EMA20s, SMA50s we will be fine. Now, many will tell me, Is it worth the risk? We assume that you only want to enter Spot. With $ 100 you could earn $ 60 for every 100. Or lose $ 20 for every 100. I would say that the profit and loss margin is relatively good. And the risk could be worth it. Although I would prefer to place a stop on entry. Personally, I would expect a setback to 480 and there I would enter. For those who already have BNB this could happen a setback between 638 usdt, and 611. I would wait to see if it closes above 638, if it does not succeed, I sell and I expect a setback. But I place a buy order at the same price that I sold, so in case it goes up again, I won't be left out.
Long
by UnknownUnicorn18500526
3
BNB 12h Global Idea: Where price will go $1,300 or $230 For your attention a global idea for the BNBUSDT pair And a few scenarios of how the price of Binancecoin might behave in the coming months 1) Smooth price growth within the channel to one of the three targets $720-815-890 2) If the channel is broken upwards, a rapid growth with a maximum upper target of $1300 3) If the price fixes below $400 , a possible continuation of the fall with the lower target of $215-230 Like the idea and write a comment , then tradingview will notify you that we have updated this idea, depending on what scenario the BNB price went through. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
47