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Binancecoin

Binance Coin is on an Important Support looking for ReversalBNB has indeed revisited the predicted support level, confirming the bearish breakout. This support level holds significant importance, as it has previously acted as a strong buyback zone for BNB. Additionally, there is an identifiable trend line connecting the higher lows, which is currently serving as a support level for the price. These factors suggest that the support zone and the trend line are playing crucial roles in supporting BNB's price at the moment.
Long
by TraderChamp-Pro
Right back Where it Started From !! #BNBSEC suing exchanges right & left . SEC sued binance & Ceo of binance for operating illegal business in US ! Price of BNB Dropped 16% following on this news !! Technically if we see #BNBUSDT chart its forming #BearFlag on Weekly time frame and now the price of BNB is at $260 and its breaking the trendline of the channel ! if weekly closed below the channel we can see a Sell off to $214 . $214 level of BNB is the most imp level to be hold ! if BNB failed to hold $214 There is higher probability that BNB will dump below $40 following the Bear Flag !! Remember BNB haven't retested its Pre Pump levels ( 37$ ) while rest of altcoins are down 90% from the highs !! @Crypt001337
Short
by Crypt001337
BTCUSDT Daily : Finally 25500 touchedHi Guys , Hope you well Dear traders, as I said in the previous analysis, the price dropped almost heavily with the news about the complaint against the Binance exchange. Now I expect the price to swing down to the green box. I remember that according to the news, the price can stay in this box for a long time and I expect it to move towards $32,000. SecondChanceCrypto ⏰6/JUNE/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the comments below.and I will answer them. And please don't forget to support this idea with your likes and comments. Please Join our free channel in bio.
Short
by Secondchancecrypto
BNB Short TF Long Setup• I am still expecting BNB to make a lower low. However, it looks as if a relief rally is in the cards for next week. We need to watch out for the ISM services PMI announcement tomorrow (June 5th) but otherwise I think we are short-term bullish. • Following BNB’s PA, you can see that the 308 USD horizontal level is meaningful. I mean that if it flips to support, we can expect a short-term bounce. • Furthermore, if BNB can get above the 308 USD level and flip it, it will also be above the 4H 20 & 50 EMAs which will reduce the bearish pressure. • If BNB reclaims the 316 USD level and the Diagonal line, I think we are off to the races. Please read my previous Idea about BNB for more context. My Trade Idea: • Entry: 308.6 (after retest). • SL: 306.4 (local resistance/support) • Target: 315 • R: R > 1:3 • If this trade is successful, I will not cash out completely because it may go higher. NFA What do you think? Please share in the comments Best wishes to all.
Long
by NewThoughtCrypto
4
BNB/USD Daily Price Targets — June 2023Hey traders, looking at the price action of Binance Coin to the U.S. Dollar on the daily time frame, it’s clear we can see higher lows from the ‘market bottom’ last summer during the 3 Arrows capitulation event. From here, we saw a higher low from SBF’s capitulation event and from here, we created this parallel trend that’s been held on this most recent swing low. Now, we don’t have anymore capitulation events (that i’m aware of), the US just passed the debt ceiling bill so they aren’t going to default, and all FUD is turning to be a farce. I’m expecting some consolidation around this $293 - $300 level (in this parallel trend) until we inevitably reverse back up towards the Feb 2021 swing high level and above. Unless Binance itself crashes, this coin and the rest of the market, especially Litecoin is getting primed for the halving event and future growth to the upside. If we drop lower and lose $258 somehow, then that’s another story and Binance would be on the loom of the next great financial disaster. Highly unlikely, but possible as all things have a possibility, we need to make our best educated guess. I’m expecting June to be another slow month of selling off until we see that market reversal back up, this should happen in tandem with Litecoin’s event later this summer. As always, please do your own research. This is not financial advice or meant to be in any shape or form, and the chart is meant as art only.
by kyer
What does a bear market look like?“A bear market starts with greed, followed by confusion, sells on fear and ends with hopelessness” - By me! 'Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria." - John Templeton Apply this bear to bull transition with good market sense because some of the bears went into hibernation, not able to wake up at all, for example the recent collapsed of some banks. Able to recognize at what stage the market is… at any particular point helps me to determine whether to take on the market with some risks or not at all. Reference of Bitcoin Trading: CME Bitcoin Futures Minimum fluctuation $5.00 per bitcoin = $25.00 BTIC: $1.00 per bitcoin = $5.00 CME Micro Bitcoin Futures Minimum fluctuation $5.00 per bitcoin = $0.50 BTIC: $1.00 per bitcoin = $0.10 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME:BTC1!
by konhow
Binance enters the Japanese marketFive years after its exit from the Japanese market, Binance has launched plans to transition its Japanese subsidiary to a new platform. binance will begin building a new, fully regulated subsidiary in Japan. This follows Binance's acquisition of regulated cryptocurrency trading platform Sakura Exchange Bitcoin (SEBC) in November 2022. As part of the deal, SEBC will cease its current services by 31 May and reopen in the coming weeks under the name Binance Japan, with Japanese users having to Registration. The migration will be available after 1 August 2023 and will include a new identity verification process (KYC) to comply with local requirements. Binance has previously revealed that any remaining funds on the SEBC trading platform will be automatically converted to Japanese yen and transferred to users' bank accounts starting in June.
by MieMie87
HelenP. I BNB may continue to fall and leave downward triangleHi folks today I'm prepared for you BINANCE COIN analytics. At the beginning of last month, the price rebounded from the mark 300 and rose to the level of 350. After re-testing the resistance, the price began to fall. Binance Coin made a deep upward correction, re-tested the trendline and continued the downward local trend. After reaching the level 301.5, the price rebounded and to rise. Over a long period, a descending triangle was formed, and now the price is trading inside. Recently, Binance Coin re-tested the resistance of the triangle, continued to decline and after a re-test of support rebounded and increased. Currently, the price is trading close to the resistance of the triangle and may rise, retest it and prolong the fall. I hope that Binance Coin may continue the downtrend, and leave triangle, so the goals will be set at levels 301.5 and 296.0. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
5
Binance Coin made small correction and can continue to fallHello traders, I want share with you my opinion about Binance Coin. Watching the chart, we see how the price made a fake breakout of the seller zone and began to fall. Binance Coin broke through the level 316.5 and, after a small correction and a test of the current resistance level, continued to fall. Below, the price formed a support area 302.5-301.5, which was retested, bounced, and approached the resistance level. Without testing the resistance level, Binance Coin continued to move down, creating a downward channel. Binance Coin did not trade long in the within of the channel and after a retest of the support line increased, broke through the resistance line and left the channel. For a while, the price traded close to the resistance level and not so long ago began to fall and reached the support area. Now the price has retested the support area, formed an upward correction and continues to decline. Binance Coin can continue downward and break through the support area. So, I decided to set the target in zone 301.5-302.5. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
6
BNBUSDT H4 :WHAT an ANALYSYS Hi Guys Hope you well, Umm , First for better idea please check my last analysis of binance-coin . It moved exactly like the road map. But according to the price of Bitcoin, it might be another scenario will take place. please check both scenario and do the best . SecondChanceCrypto ⏰25/May/23 ⛔️(DYOR) always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment.
Long
by Secondchancecrypto
Support Holds Key to Potential OpportunityBNB exhibited a notable range-bound behavior throughout the previous week. Subsequent to breaching the upward trend line, the value of Binance Coin experienced a subsequent decline, retracing towards the dynamic resistance level and approaching the previous lower range. Nonetheless, the $300 range retains its significance as a pivotal support level in the medium term. It is worth noting that there exists a secondary support level within the $292 range, and if selling pressure persists and breaches the $300 support, the price may further decline towards this threshold. Consequently, this range can be identified as an attractive demand zone for potential buyers.
by MonoCoinSignal
7
HelenP. I Binance Coin may rose to resistance of channelHi folks today I'm prepared for you BINANCE COIN analytics. Having formed a resistance zone of 345-350, the price start a local downtrend. After a downward impulse, Binance Coin made a small correction, continued to fall and reached support at the level 300, from which she rebounded. The price re-tested the resistance zone and continued to decline. Over a long period, a downward channel was created in which Binance Coin is still traded. After re-testing the support of the channel, the price increased, broke through the resistance of the channel, but it was not possible to fix above and after re-testing the resistance zone, it continued to fall. Subsequently, Binance Coin made a small correction and continued to move down. Recently, the price reached the support channel, which coincide with the level of 300, re-tested it and began to rise. Now the price is trading above the level of 300 and may rise to the resistance of the channel. It seems to me that Binance Coin may continue the local downtrend, but first it may make an upward correction. Therefore, the goals will be set at levels 315.5 and 322.5, which corresponds to the resistance of the channel. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
4
Binance Coin can continue to fall and reach support areaHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price formed the seller zone 345-350, which retested and started a downward movement. Binance Coin dropped to level 315.5, tested it and went up. The price made a deep upward correction and approached the seller zone, but never tested it and continued to fall. Over time, Binance Coin created a downward wedge in which he traded for a long time. After retesting the resistance line of wedge, the price continued to fall and broke through the support level 315.5. After reaching support area 303-301, which coincide with the support line of wedge, Binance Coin retested it, began to grow, and broke through the resistance line of wedge. The price left the downward wedge and rose to the resistance level, from which it bounced and continued to fall. Binance Coin is currently trades over the support area, but could continue to fall and reach it. I think that the price can continue downward movement, in which case I decided to set the target in the zone 303-301. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
7
Crypto Binance BNBUSDT (Slightly Bullish)View on Crypto BNBUSDT (2 Feb 2023) BNB seems to be meeting some resistant as it hit near the obvious level of 340~370 region. Overall, it is still in the up trend and it may swing abit higher eventually first. We shouldn't sell BIG just because of the small bearish candle. I am still with the Slight Bullish Mode. Let's see. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
BINANCE:BNBUSD
by SonicDeejay
2