Get started
Binance CoinBinance CoinBinance Coin
#5#5#5

Binance Coin

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BNBUSD trade ideas

BNBUSD ( INSIDE SENSITIVE AREA IN DESCENDING CHANNEL ) ( 4H )BNBUSD HELLO TRADERS inside sensitive area between two turning level , currently it will be attempt to reach turning level (2) . Tendency, the price inside sensitive are between two turning level around 487 and 526 . Upward Zone : in order see increase , if the price corrective turning level (2) and stabilizing above this level should be trying to reach turning level (1) at 526 , to confirm up trading , the price will be breaking turning level (1) to reach resistance level (1) at 557 , after by closing 4h candle above it reach a resistance level (2) at 596 . Downward Zone: by breaking turning level (2) at 487, the price should be trying to reach support level (1) at 453 , after stabilizing below this level could further support to reach of as next level at 403 . TARGET LEVEL : RESISTANCE LEVEL : 557 , 596 . SUPPORT LEVEL : 453 , 403 .
BINANCE:BNBUSD
by ArinaKarayi
BNBUSD $2000 is a very realistic target for Q4.The Binance Coin (BNBUSD) is has been accumulating since basically early March (March 11 candle), trading sideways within the Mayer Multiple Bands (MMB) Mean (black trend-line) and the 1st SD above (grey trend-line). The 1W MA50 (blue trend-line) has been the support since the late December 2023 bullish break-out. That should be the Support throughout the remainder of the Bull Cycle, in fact that was also the case during the previous Cycle where BNB had the final accumulation phase (blue ellipse) from September to December 2020, again within the same MMB zone, which initiated the most aggressive part of the Cycle (parabolic rally). Observe that the 1W MACD formed the same pattern almost. That rally peaked on the MM 3rd SD above (red trend-line) so a $2000 price tag, which will 'only' make contact with the 2nd SD (orange trend-line), appears to be a realistic Target, even by the start of Q4 2024. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:BNBUSDLong
by TradingShot
4
Binance Coin - The $70.000 price target is real!Hello Traders and Investors, today I will take a look at Binance Coin . -------- Explanation of my video analysis: Back in 2020 Binance Coin created a decent bullish break and retest of a horizontal structure which was followed by a rally of 10.000% towards the upside. After this rally, which ended in April of 2021, Binance Coin has been trading sideways ever since. Currently it seems like Binance Coin is preparing another bullish breakout, which could lead us all the way up to $70.000 in the future! -------- Keep your long term vision, Philip (BasicTrading)
BINANCE:BNBUSDLong
by basictradingtv
7
BNB - LONG TERM -Binance Coin (BNB) is a cryptocurrency native to the Binance blockchain ecosystem. Initially launched as an ERC-20 token on the Ethereum blockchain in 2017, BNB later transitioned to become the native asset of the Binance Chain when it was launched in April 2019. BNB serves multiple purposes within the Binance ecosystem, including but not limited to: 1. Transaction Fees: BNB can be used to pay for transaction fees on the Binance exchange platform. Users who hold BNB in their Binance accounts can choose to use it to pay for trading fees, which provides them with discounts. 2. Token Sales: BNB is often used in token sales and initial coin offerings (ICOs) conducted on the Binance Launchpad platform. Participants can use BNB to purchase new tokens issued through Launchpad sales. 3. Staking and Governance: BNB holders can participate in various staking mechanisms and governance activities within the Binance ecosystem. For example, BNB holders can stake their tokens to earn rewards through the Binance Staking platform or participate in governance decisions related to the Binance Chain. 4. Utility and Ecosystem: BNB has utility across various products and services offered by Binance, such as Binance Smart Chain, Binance DEX (decentralized exchange), Binance NFT (non-fungible token) marketplace, and more. Additionally, BNB is accepted as a form of payment by various merchants and platforms that support cryptocurrencies. 5. Burning Mechanism: Binance periodically conducts token burns, where a portion of BNB tokens is permanently removed from circulation. The burning mechanism helps reduce the total supply of BNB over time, which may contribute to its potential value appreciation. Overall, Binance Coin plays a crucial role in the Binance ecosystem, serving as a utility token with various use cases and functionalities. Its integration into multiple Binance products and services, as well as its growing adoption, have contributed to its prominence within the cryptocurrency space.
BINANCE:BNBUSD
by clasaicrypto
1
Bullish market with triangle correction patternDear analysts and traders, I trust this message finds you in good health and high spirits as you prepare to approach the upcoming week with renewed vigor. I extend my best wishes for continued success in all your business pursuits. It is essential to emphasize that sustained success in business hinges significantly on the consistent establishment and adherence to your principles. As an advocate of the Elliott Wave principle, I regard this methodology as a valuable instrument for market analysis. Over the past three years, I have honed my approach by amalgamating this principle with a meticulous evaluation of diverse market scenarios. I strive to mitigate market uncertainties by upholding a broad spectrum of market perspectives, enabling me to discern market structures with utmost precision. I am pleased to share my analysis with you, with the disclaimer that I do not offer buy or sell recommendations. My perspective on analytical ideas remains entirely impartial, and if my analysis aligns with your standards, it can serve as a compass for informed decision-making. I have enclosed my prior analysis of the same market for your perusal and comparison. All aspects of my analysis are clearly delineated for clarity. Nevertheless, familiarity with the Elliott Wave principle theory facilitates comprehension of the analytical concept. I apologize for the repetitive nature of the text, as my week is occupied with formulating analytical and educational ideas, as well as engaging in trading activities and managing my social networks. Due to time constraints, I am unable to provide textual explanations for every idea, hence the inclusion of a separate text alongside the labeling. Should the text be unclear, I am available to elucidate the key points. My rigorous study of the Elliott Wave Principle spanned nearly three years, during which my grasp and utilization of this invaluable tool evolved. My progress thus far stands as a tribute to the legacy of Ralph Nelson Elliott, whose brilliance underpins my accomplishments. May he rest in peace. I am grateful for your unwavering support and benevolence, and I eagerly anticipate your feedback and constructive criticism. May my analysis serve as a valuable asset in your business endeavors, and I remain yours sincerely, Mr. Nobody Previous analytical ideas
BINANCE:BNBUSDLong
by mehdi47abbasi79
4
Binance Coin - Is the rally already over?Hello Traders and Investors, today I will take a look at Binance Coin . -------- Explanation of my video analysis: Binance Coin is currently clearly retesting a major resistance at the previous $700 level which was also the all time high of Binance Coin. Since we did not see a break above yet, there is simply a higher chance that we will see a (short term) move lower. If you are not in a position on BNB yet, you can potentially use this anticipated drop to enter a fresh trade. -------- Keep your long term vision, Philip (BasicTrading)
BINANCE:BNBUSDLong
by basictradingtv
3