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Binance-coin

Goatseus Maximus is meme NO.1 for this bull run! TA+TRADE PLAN🚀🚀🚀 MEMECOIN No.1 FOR THIS BULLRUN 🚀🚀🚀 Goatseus Maximus is primed to be the KING OF MEME COINS this season! With a powerful symmetrical triangle pattern, an incoming breakout, and massive hype potential, GOATSEUS MAXIMUS is set to dominate the market. This coin isn’t just riding the meme wave—it’s about to surf it to HUGE GAINS! 🌊💎 Get ready for the next big thing in crypto. With strong technicals, an upcoming bullish breakout, and a dedicated community, GOATSEUS MAXIMUS is about to hit the moon! Don’t miss the ride of a lifetime! 🌕✨ Goatseus Maximus is forming a symmetrical triangle pattern during an overall uptrend, a continuation pattern that often precedes a breakout in the direction of the prevailing trend. In this case, given the prior upward momentum, the odds are in favor of a bullish breakout. Key Technical Insights: Symmetrical Triangle: The price has been consolidating within the triangle, making higher lows and lower highs. This signals market indecision, but as the triangle narrows, an imminent breakout is expected. Volume Spike: The volume shows a notable increase (175.9K), a positive signal that a strong move may follow soon, potentially confirming the breakout direction. Indicators: RSI (Relative Strength Index): At 54.21, the RSI suggests the coin is in a neutral zone, with more room for an upside move before hitting overbought territory. Stochastic Oscillator: Sitting at 57.79, it shows momentum is gradually turning positive, which aligns with a potential breakout to the upside. Support and Resistance Zones: Support: The orange zone between $0.08 - $0.10 acts as a solid support area where buyers could step in. Resistance: The current resistance levels are projected near $0.16 and $0.20. A breakout from the triangle could push the price toward these levels. Trading Plan: Entry Strategy: Enter long on a confirmed breakout above the upper trendline of the triangle (above $0.14 - $0.15). Ensure that volume supports the breakout to avoid a false move. Consider setting a pending buy order slightly above the triangle resistance line at $0.1505 to catch the breakout early. Stop Loss: Place a stop loss just below the lower trendline of the triangle (around $0.105) to protect against invalidation of the pattern. Alternatively, if the price breaks below the support zone near $0.08, consider exiting, as this would signal bearish momentum. Profit Targets: First Target: $0.18, aligning with the next significant resistance zone. Second Target: $0.24, based on the measured move from the base of the triangle, offering a strong risk-to-reward ratio. Risk Management: Ensure that the position size adheres to a 2-3% risk of your total portfolio. Monitor volume and price action closely for any signs of reversal after a breakout.
Long
by elfabiiani
1
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
HelenP. I BNB can break resistance level and continue to growHi folks today I'm prepared for you Binance Coin analytics. Some time ago price made a little movement down and then turned around and made a strong impulse up to 645 points, breaking the resistance level, which coincided with the resistance zone. But later BNB turned around and in a short time declined to the support area, which coincided with the support level, breaking the 612 level one more time. Then BNB rebounded from the support zone and rose to the resistance zone, but when it entered to this area, the price at once rebounded and made a correction movement. After this Binance Coin in a short time rose back to the resistance area and then made a strong impulse down to the trend line, which is located below the support zone. After this movement, BNB started to rise between the trend line and soon reached the resistance level again, breaking the 524 support level again. At the moment, the price continues to trades near this resistance level and I expect that BNB will break the resistance level, make retest, and continue to move up near the trend line, therefore I set my target at the 645 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
Binance Coin can break resistance level and continue to riseHello 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 355 points, after which started to trades in an upward wedge, where it rebounded from the support line and made a strong impulse up to the 500 support level, which coincided with the support area. Soon, the price broke this level and continued to rise to the resistance level, which coincided with the seller zone, but when BNB reached this level, it at once fell below and then rose to the resistance line of the wedge, after which made a downward impulse to support level, making fake breakout of 619 level. Then the price bounced from this level and started to move up near the support line of the wedge until it reached the resistance level again. After this, BNB rolled down and now trades close resistance line of the wedge. So, in my opinion, Binance Coin can rebound from the support line and reach to resistance level. After this, the price can break this level, thereby exiting from the wedge and continuing to grow, therefore I set my target at the 660 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
1
Binance Coin can rise higher than resistance line and then fallHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some days ago started to rise in an upward channel, where it soon broke the 360 support level, which coincided with the buyer zone, and in a short time later reached the resistance line of the channel. After this price made the correction and then continued to rise in the channel to the current support level, which is located in the support area. In a short time, BNB broke this level too and soon reached the resistance line of the channel, but at once price turned around and exited of channel and then declined to the 400 level. After this movement, the price rebounded from this level and started to rise, but later it made a downward impulse to the 360 level. Soon, the price turned around and at once made a strong upward impulse back and even higher. So, at the moment, BNB trades very close to the resistance line, therefore I think Binance Coin can rise a little higher than the resistance line, after which the price will turn around and start to decline. For this case, I set my TP at - 420 points. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
1
Binance Coin can correct to support area and then start move upHello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that the price a not long time ago rebounded from the resistance line of the triangle, and in a short time declined to the support line, thereby breaking the 300 support level, which coincided with the buyer zone. But then, the price bounced from the support line and soon rose back to the resistance level, breaking the 300 level one more time, after which BNB later exited from the triangle and tired to rise more, but failed and made correction to the support level. After correction, BNB made a strong upward impulse to 316 current support level, which coincided with the support area and in a short time later broke this level too. As well, the price started to trades in a range, where it rose to the top part and some time traded near, but not a long time ago BNB rebounded and declined to the 316 level, where the price continues to trades near to this day. In my mind, Binance Coin can fall to the support area, where it will turn around and start to move up in range. Therefore I set my target at 323 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
3
HelenP. I BNB can rebound up of trend line, exiting of triangleHi folks today I'm prepared for you Binance Coin analytics. Some days ago price bounced from the support level, which coincided with the support zone, and declined to 290 points. But soon, the price backed up and broke the 300 level, after which it made a retest and then made a strong impulse up to the resistance zone. Reaching this zone, which coincided with the resistance level, BNB tried to break this level, but soon made a correction below, after which it turned around and made impulse up higher than the 315 level, breaking it. Later price turned around and made a strong impulse down to the trend line, breaking the 300 and 315 levels, but soon BNB rebounded from the trend line and rose back to the support level. Next, Binance Coin rose to the resistance zone, after which the price turned around and in a short time declined to the 300 level, where it some time traded and later bounced up, forming a triangle pattern. A not long time ago price rebounded from the resistance line to the trend line, where BNB continues to trades near now. For my mind, I expect that Binance Coin will correct to the trend line again, after which the price can rebound and start to move up to the 310 level, thereby exiting from the triangle pattern. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
Binance Coin can exit from wedge and decline to support levelHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price not long time ago made an upward impulse from 305 to 321 points, thereby breaking the resistance level, which coincided with the seller zone. After this price entered to downward wedge, where it rebounded from the resistance line and in a short time declined lower than the 312 level, breaking it again. Next, the price made a retest and declined until to support level, which coincided with the buyer zone, and soon BNB broke this level too and declined to support line of the wedge. Then the price turned around and made a strong upward impulse to the seller zone, breaking the 296 level one more time. After this movement, BNB rebounded from the seller zone and made correction to the buyer zone, after which the price bounced and tried to rise, but failed and declined to support line. Recently Binance Coin rebounded from this line and started to move up, so I think the price can make a small movement up, after which it will turn around and continue to decline to the support level, thereby exiting from the downward wedge. For this case, I set my target at the 296 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
1
HelenP. I Binance Coin will rebound from resistance zone to $320Hi folks today I'm prepared for you Binance Coin analytics. Some days ago price declined to the support zone, which coincided with support 2, and a few time traded near, but later bounced and tried to rise higher. BNB failed and made a correction to the trend line, after which the price made a strong impulse up to support 1, which coincided with the resistance zone. In a short time BNB broke this level and started to trades inside consolidation, where the price rose to the top part, but soon turned around and made correction to the resistance zone back. Price tried three time to rise, but only the third time it finally rose. But later BNB turned around and fell back to the resistance zone, where it continues to trades near the trend line at the moment inside consolidation. For my mind, Binance Coin will fall to support 1 and then rebound and start to move up in consolidation, thereby exiting from the resistance area. That's why I set my target at the 320 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
BNBUSDT - Price can bounce up to $327 level from support areaHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Some time ago price bounced from support area, which coincided with $254 level, and declined to support line of rising channel. After this, BNB at once bounced up from this line to resistance line of channel, thereby breaking $254 support level. Next, price made little correction, and after this, it made upward impulse to $338 points, breaking $300 level and exiting of channel. Also then, BNB started to trades in wedge, where it soon bounced from resistance line and declined to support line of wedge. Now, price continues to trades very close to this line and in my mind, Binance Coin can fall to support area and then bounce up to $327 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
2
BNB Binance Coin BearishDaily Bearish Weekly Bearish Bearish Sentiment 93% POC analysis:earish Volume Bearish RSI Bearish Stochastic Bearish MACD Bearish Resistance Supports See on the Chart According to current Binance Coin price prediction, the value of Binance Coin is predicted to drop by -14.33% and reach $ 208.93 by July 11, 2023. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 56 (Greed). Binance Coin recorded 13/30 (43%) green days with 4.33% price volatility over the last 30 days. Based on our Binance Coin forecast, it's now a bad time to buy Binance Coin. Current Price $ 239.26 14-Day RSI 42.46 Based on data from July 06, 2023 at 11:03, the general Binance Coin price prediction sentiment is bearish , with 2 technical analysis indicators signaling bullish signals, and 27 signaling bearish signals. Binance Coin is currently trading below the 200-day simple moving average (SMA). The 200-day SMA has been signaling SELL for the last 33 days, since Jun 02, 2023. The price of Binance Coin is currently below the 50-day SMA and this indicator has been signaling SELL for the last 59 days, since May 07, 2023. The most recent Death Cross in the Bitcoin market happened 25 days ago, on Jun 11, 2023. Meanwhile, a Golden Cross last occurred on Feb 09, 2023, which was 147 days ago. Based on our technical indicators, Binance Coin's 200-day SMA will drop in the next month and will hit $ 288.44 by Aug 05, 2023. Binance Coin's short-term 50-Day SMA is estimated to hit $ 221.70 by Aug 05, 2023. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 42.46, which indicates that the BNB market is in a neutral position. Daily Simple Moving Average (SMA) Period Value Action SMA 3 $ 243.18 SELL SMA 5 $ 244.69 SELL SMA 10 $ 240.42 SELL SMA 21 $ 241.98 SELL SMA 50 $ 269.75 SELL SMA 100 $ 295.26 SELL SMA 200 $ 295.30 SELL Daily Exponential Moving Average (EMA) Period Value Action EMA 3 $ 240.46 SELL EMA 5 $ 242.24 SELL EMA 10 $ 242.22 SELL EMA 21 $ 244.95 SELL EMA 50 $ 262.90 SELL EMA 100 $ 280.66 SELL EMA 200 $ 291.25 SELL Weekly Exponential Moving Average (EMA) Period Value Action EMA 21 $ 282.41 SELL EMA 50 $ 297.54 SELL EMA 100 $ 297.21 SELL EMA 200 $ 248.96 SELL Binance Coin Price Forecast Date Price Change Jul 7, 2023 $ 245.89 0.82% Jul 8, 2023 $ 227.94 -6.54% Jul 9, 2023 $ 230.03 -5.68% Jul 10, 2023 $ 210.99 -13.49% Jul 11, 2023 $ 208.93 -14.33% Jul 12, 2023 $ 199.67 -18.13% Jul 13, 2023 $ 206.97 -15.14% Jul 14, 2023 $ 213.53 -12.45% Jul 15, 2023 $ 202.24 -17.08% Jul 16, 2023 $ 203.15 -16.70% Jul 17, 2023 $ 208.93 -14.33% Jul 18, 2023 $ 208.54 -14.49% Jul 19, 2023 $ 207.74 -14.82% Jul 20, 2023 $ 207.17 -15.05% Jul 21, 2023 $ 215.68 -11.57% Jul 22, 2023 $ 214.99 -11.85% Jul 23, 2023 $ 206.75 -15.23% Jul 24, 2023 $ 209.78 -13.98% Jul 25, 2023 $ 202.35 -17.03% Jul 26, 2023 $ 199.03 -18.39% Jul 27, 2023 $ 200.26 -17.89% Jul 28, 2023 $ 197.65 -18.96% Jul 29, 2023 $ 194.74 -20.15% Jul 30, 2023 $ 198.72 -18.52% Jul 31, 2023 $ 201.77 -17.27% Aug 1, 2023 $ 204.77 -16.04% Aug 2, 2023 $ 206.81 -15.20% Aug 3, 2023 $ 206.69 -15.25% Aug 4, 2023 $ 204.75 -16.05% Aug 5, 2023 $ 201.98 -17.18%
CAPITALCOM:BNBUSDShort
by DaveBrascoFX
51
Binance Coin: correction probably ending at $250?Resistance line at $300 was a starting point for BNB during the previous week. However, general market sentiment was focused more on the next FED`s moves in terms of economic tightening, so BNB did not manage to make a break of this resistance line. General negative market sentiment as of the weekend pushed the price of the coin down to the level of $270, where it is ending the week. RSI started a road toward the oversold side, and is modestly decreasing from level of 50 down to 40 during the week. There is indication that the price of the coin might go even lower from current levels until a clear oversold market is finally reached. Moving average of 50 days continues to slowly converge toward MA200, but there is still distance between lines, in which sense, the golden cross is still on hold. Current charts are pointing to the level of the $250 support line. There is a high probability that this line will be tested in the coming days. At this moment, there is no clear indication that it might be breached to the downside, especially in the case that RSI reaches level below 30. This would be a point of reversal, where BNB will head again toward the $300 resistance line, but there is currently lower probability for such a move.
BINANCE:BNBUSD
by XBTFX
BNB, In A ADEQUATE FLAG-FORMATION, How It Completes!Hello, Welcome to this analysis about Binance-Coin (BNB) and the daily timeframe perspectives. As already mentioned previously the cryptocurrency market divergence keeps increasing and there are coins within this market that show up with bullish formations while there are others that show highly bearish signs. These divergences and differences are highly important to realize and to distinguish to properly assess the market from the right determinations and come up with appropriate actions to rightly move into the market at the proper times and also setups, in this case, I discovered an important formation forming with BNB that has some great potentials when it completes within the upcoming times, therefore I detected the pivotal formational structures and upcoming determinations we need to consider. As when looking at my chart now we can watch there the main structure BNB is now about to form, as we can watch BNB bounced within the 65-EMA in red and the 30-EMA in green and from there on continued to form a central formation in this whole structure. This formation is an initial descending-channel-formation with a coherent wave-count within the formation and the waves A to C are almost already completed. Now as BNB bounced within the lower-boundary-support also matching with the EMAs this is a greatly considerable origin for a right breakout above the upper-boundary which will finalize the whole descending-channel as a bull-flag-formation to the upside with the upcoming activation of bullishness and appointing of the target-zones. Taking all these factors into the consideration now it will be determining on how BNB finalizes this whole formation and how it continues to move on further after that. This whole formation will be completed as it is marked in my chart with BNB breaking out above the upper-boundary of the descending-channel-formation. This breakout will show the proper continuations and appointing of the target-zone, when the target-zone has been reached the situation needs to be elevated again. Remember that not every coin is forming such a great formational development, BNB is currently one that is forming such a good formation, in other cases, it looks different. For now, we will see how this formation completes to come up with further conclusions, it will be an interesting development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "Good fortune is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
3
Binance-Coin, Descending-Channel, Breakout Potential!Hello, Welcome to this analysis about Binance-Coin and the 4-hour timeframe perspectives. In recent times a dispute between Elon Musk and CZ Binance came across in which CZ Binance is accused by Elon Musk of not handling the exchange right and that the issue with dogecoins that can not be withdrawn from the exchange is "pretty shady", well since these suggestions actually Binance-Coin the exchange-own cryptocurrency by Binance bounced in the structure and is now in quite an interesting constellation, therefore I discovered all the important levels and upcoming determinations we need to consider with Binance-Coin and the established structure, upcoming determinations, and target-projections when this pivotal formation completes. As when looking at my chart we can watch there how Binance-Coin is building this major descending-channel-formation with several bounces within this formation and recently Binance-Coin bounced to the upside to test the upper-boundary of this main descending-channel together with the 600 USD resistance marked in my chart in orange. This will be a decisive development because when Binance-Coin manages to bounce finally above this upper-boundary this local ascending-channel will be completed as well as the descending-channel-formation with a bounce to the upside which will activate upper-target-zones and the 690 USD level marked in blue will be a likely projection to be appointed in this case. Taking these factors into consideration Binance-Coin is forming quite an interesting and worthwhile formational structure here that can show up with some determining potentials ahead of the upcoming times. In this case, for now, it will be important to await the final breakout before moving into the direction and coming to further conclusions as it is always necessary in such cases. Once this breakout happened and Binance-Coin has the ability to move forward with it to reach out to the target-zone the situation needs to be elevated anew and Binance-Coin needs to show if it manages to continue forward or a reversal emerges, it will be an important development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "Good fortune is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
4
Binance Coin price analysisThe Binance Coin price analysis shows that after failing to climb above the $680 mark, the sellers broke the $650 support level as BNB returned below the $620 mark. Currently, the price is moving towards the $610 mark as the selling continues. The broader cryptocurrency market has observed a bearish market sentiment over the last 24-hours as most major cryptocurrencies record negative price movements. Major players include DOGE and DOT, recording a 6.83 and a 5.86 percent incline, respectively.
BINANCE:BNBUSDLong
by ExpressTradeAcademy