BNB Head-and-Shoulders: Short-Term Dip, Major Rebound PotentialBNB 1 day chart The chart shows a head-and-shoulders pattern, signaling a potential short-term dip in BNB's price, likely towards the $320-$360 range, a strong rebound could follow, pushing the price upwards.Shortby CryptoMonere110
BNB: Strong Support Near $500 Could Trigger Bullish TrendBNB: Strong Support Near $500 Could Trigger Bullish Trend BNB has tested a robust support zone around $500, showing a quick price reaction. This area has seen multiple rejections, increasing the likelihood of a bullish movement. The first resistance zone is near $512. A decisive move above this level could enhance bullish momentum, potentially pushing the price up to $520 initially. Further movements will depend on subsequent market conditions. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby KlejdiCuni336
BNB - Daily Buy and Sell Zones Mapped OutThe daily chart for BNB highlights critical levels where buy opportunities may arise (green lines) and where sell pressure could increase (red lines). These zones are key for traders looking to capitalize on potential price movements in either direction. Disclaimer: Trading involves risk, and past performance is not indicative of future results. Always conduct your own analysis before making any trading decisions. Feel free to comment, share your thoughts, and follow for more precise trading levels and insights!by Remora_traders1
BNB BNB is currently retesting the $500 support level. We might see a possible bounce back from it.Longby Kartik_Elkunchwar227
Alikze »» BNB | Support zone failure🔍 Technical analysis: Support zone failure - In the 4H time frame, after not being able to break the supply area, it has faced selling pressure. - Currently, a bullish pattern is observed, which has extended to the supply area. - Therefore, any pullback to a broken structure can face selling pressure again. - So we should see an increase in selling pressure in the supply area to continue the corrective lag until the liquidity area. - In addition, in case of breaking the liquidity area, the correction can continue up to the specified areas and Fibo 2.618. Alternative scenario: In addition, if it can break and stabilize the supply area upwards, it can have a retest to the next supply area. 🛑Range of resistance or supply area: 531-547 🟢 Support area: 468-464 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:BNBUSDT Shortby alikze6
BNB/USDT 1DAY CHART UPDATE !!Focusing on long setups, here is the daily chart of Binance Coin (BNB) against Tether (USDT). Here is the interpretation: The chart shows a horizontal support line near the $461 mark, which has been tested multiple times. This area is crucial for maintaining the overall uptrend. An ascending trendline starting from prior lower levels is shown, providing additional support and reinforcing the bullish bias if BNB stays above this line. The green line outlines a potential path where BNB could fall slightly, possibly towards support near $461, before bouncing back. The projected move suggests that a significant rally could follow if the support holds. Potential resistance levels are visible around $535 and further up, where the price could face challenges. The outlook remains bullish if BNB can maintain support above the ascending trendline and key horizontal support, targeting higher targets as indicated by the projected path. Overall, the chart suggests a bullish long-term outlook for BNB if it continues to respect key support levels and the ascending trendline. A possible initial pullback before a strong upward move is possible. Note: This is not financial advice. Stay tuned for further updates and analysis. Thank you!Longby CryptoSanders9563117
BNB Price Analysis by the Mallicast Team:The Mallicast team has recently analyzed the price of Binance Coin (BNB). In this analysis, we have not delved into a broad price range, but the current market situation suggests that BNB is likely in a range-bound movement. Based on our analysis, we have identified the price fluctuation range for BNB between $476.7 and $546.4. This indicates that the price of BNB may currently oscillate within this range and is unlikely to experience significant movement outside of these levels. In this scenario, traders should pay close attention to support and resistance points within this range. Monitoring price movements and utilizing technical analysis tools can help identify suitable buying and selling opportunities. Overall, movement within this price range may imply continued limited fluctuations until the price reaches one of these key levels or moves outside of them.by mallicast4
Short trade 1Hr TF overview Sun 1st Aug 24 Pair BNBUSDT Trade 1 Sellside trade 15min TF Entry 3.15 am (NY Time) LND Session Observed 30min TF Entry 518.18 Profit level 500.51 (3.41%) Stop level 523.39 (1.01%) RR 3.39 15min TF overview Shortby davidjulien369Updated 1
Bnb Long or Short?!I think it would be support in few days for bnb also we have a long bullish engulf candle soon but if price do not make this candle we face with a strong sell movement by TradeWithMky2
BNB 1W Longterm | LONGUpward Channel 📈: The price has been moving within an ascending channel, bounded by two parallel red lines, suggesting a long-term upward trend. 📊 The price is near the lower boundary of the channel, which often acts as support. The chart suggests a potential upward move from this point, as indicated by the red arrow pointing higher. Longby mrvitz786
BNBUSDT - LONG [Daily Signal]Also, among the coins with large capitalization, BNB looks worthy for a long. A small position will not hurt. Stay tuned.Longby markcryptex9
BNBUSDT.1DAfter examining the BNB/USDT chart with a focus on its recent technical movements, here is my detailed analysis: Trend Analysis: The chart displays a distinct downward trend beginning from the recent high in July 2024. The presence of lower highs, as marked by the descending trendline, suggests continued bearish sentiment. Notably, the price attempted to recover but has been consistently rejected at lower levels, reinforcing the strength of this downtrend. Support and Resistance Levels: Resistance 1 (R1) at $613.5 is the immediate barrier, which aligns with the descending trendline. Overcoming this level would be crucial for any bullish recovery. Resistance 2 (R2) at $681.1 and Resistance 3 (R3) at $721.8 represent historical peaks and will be significant if a bullish momentum builds. Support 1 (S1) at $503.7, where the price has recently bounced, marks a critical juncture. A breach below this could see the price heading towards Support 2 (S2) at $401.8 and potentially Support 3 (S3). Support 4 (S4) represents the longer-term floor that might be tested if the downtrend persists. Technical Indicators: The Moving Average Convergence Divergence (MACD) is currently positioned below the signal line, which typically indicates bearish momentum. However, the histogram suggests the momentum is weakening as the bars are decreasing in size, possibly indicating a slowdown in the downward movement. The Relative Strength Index (RSI) is around 46, indicating neither overbought nor oversold conditions but leans slightly towards bearish sentiment. Current Price Situation: The price is approximately $540.2, nestled between S1 and the descending trendline. Its position beneath the trendline and near a moderate support level suggests a cautious market sentiment. Strategic Outlook: Given the prevailing technical setup, my strategy would focus on risk management and opportunistic trades based on price action near these key levels. A conservative approach would involve watching for the price to either: Break and sustain above R1, which could indicate a potential reversal or relief rally, targeting higher resistance levels. Fall below S1, confirming the bearish trend, which might necessitate short positions or exits from long positions, with S2 as the next target. Conclusion: This environment requires vigilance as the market is positioned at a delicate point near significant support. An increase in volume and further MACD divergence from its signal line would be key indicators to watch, as these might provide early signals of the market's next major move. As always, combining these technical insights with broader market news and sentiment will enhance decision-making accuracy.Longby MarsSignals8
BNB-USDT 1D ChartHello everyone, I invite you to a quick review of the BNB to USDT chart on a one-day time frame. As you can see, the price has set a new local upward trend line, which is important to stay in the upward phase. After unfolding the Fib Retracement grid, you can see that the price rebounded from the level of $524, then the second support is at $500, the third support is at $477, and the fourth strong support is at $443. Looking the other way, there is strong resistance around $561, but much more important is the level of $605 which has currently rejected the increases.by cryptodailyuk0
My view for $BNB (Binance Coin)My view for CRYPTOCAP:BNB (Binance Coin) This coin hit my TP1 and TP2 for $540 and $520 yesterday. The question is: looking at the chart today, is it possible that BNB will hit $520 again? Trade with risk management.Shortby ForexClinik2
BNBUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial adviseLongby Rising33BUpdated 4
BNB VS TON Friends, let's take a look at the market situation for two popular cryptocurrencies — BNB (Binance Coin) and TON (Toncoin). The charts show that both coins have very similar price movement structures, which could indicate potential opportunities. If we analyze the mechanisms of these coins, they are almost identical, but the TON chart lags behind BNB. Despite the news about Telegram, I see a lot of potential in the TON coin and expect its price to exceed $10 this fall. I’ve shown why I believe this on the chart.Longby Du_Trade4
BNB Pullback starts now! Hello, good evening to all! Here we go again on another analysis after scanning the crypto. This time, let's talk about BNB. In this analysis, we start by marking the trend line on the H4 chart and we see that there's a trend reversal in a clear head and shoulder pattern from uptrend to downtrend. Now that we're seeing downtrend - I also noticed that after going to H1 chart, it formed a double bottom. Based on my recent study, this is an indicator that the price will go up - it supports the H4 chart since after going down, it stopped for a pullback. Not a 100% accurate but we should be expecting the pullback will go to the level of resistance from the previous support and will either go down further. That's it from my analysis. Note: This is not a signal. This is just an application based on the analysis that I learned and testing it out. Share your ideas, and suggestions by commenting below to help me improve my trading analysis. Thank you!Longby jefersonroda5
BNBUSDT could reach the $4000 to $7000 rangeHello Traders, I'm excited to share my analysis on BNBUSDT using the weekly timeframe. Looking at the right chart on a standard scale, it's easy to feel confused 😕 as the broader picture is hard to see. However, switching to the logarithmic scale on the left chart, patterns and channels become much clearer. From this perspective, I anticipate that BNBUSDT could reach the $4000 to $7000 range around 12 to 24 months after breaking the resistance at $650. This analysis is focused on a long-term investment or a long position. I’d love to hear your insights and thoughts on this!Longby Eymen-GUVEN4
Binance Coin On The Decline: Chart RevisitedWe are not new to Binance Coin's bearish bias, we've been at it for a while. Things are different now, it is so clear that no single shred of doubt remains... Do you agree? We are looking at BNBUSDT on the daily timeframe and the drawings on the chart are self-explanatory, but, let's review them one last time before the crash. The failed signal/bull-trap in June is quite revealing, it literally reveals the top. Just as a strong breakdown leading to a lower low that quickly recovers is considered a bullish signal; in reverse, a strong breakout that quickly reverses is considered a bearish signal. A signal is just a signal, it doesn't mean down or up, only price action can confirm if the signal we spot on the chart is real. Price action confirms the bearish signals in this case. After June, BNB starts to produce lower lows. A crash in July, a crash in August and now we are set for another crash in September; the chart patterns are all exactly the same. A slow bounce that produces a rising wedge, the rising wedge breaks down after a lower high leading to a new lower low and then repeat the same. We are expecting lower on this and other major pairs. Prepare. Namaste.Shortby AlanSantana6613
Binance Coin (BNB): Rejection From Resistance ZoneBinance coin filled nicely our resistance zone and now is seeing a good rejection. If all plays out well, we should see another liquidity sweep happen in the lower zones, so keep an eye on EMA now. Swallow Team Shortby SwallowAcademy226
Long trade Buyside Sun 25th Aug 24 3.00 pm LND Session PM Entry 572.72 Profit level 597.29 (4.29%) Stop level 567.95 (0.83%) RR 5.15Longby davidjulien369Updated 2
BNBFull send straight to Valhalla! I expect a BTC pull back tomorrow at NY Stock Exchange open, so want this to play out before day closes and go flat.Longby RossCFC883