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Binancecoin

Is BinanceCoin (BNB/USDT) Closer to Drop 40%?Binance Coin has been negative impacted with the ongoing Binance FUD which began with the platform halting the USDC withdrawals. The panicked traders due to the past experiences, withdrew their holding from Binance which is one of the major reasons of the BNB price is experiencing massive downfall. However, the crypto continues to remain within bearish trap as the market sentiments appear to be not favourable for the bulls. Hence, the price may undergo a notable pullback soon. In case of a bearish breakdown the BNB price which is testing the crucial support zone just below $250 levels is believed to drop below $200 initially and head towards the next target at around $164. If the price fails to hold at these levels, then may end up test the next bearish target very close to $150. A rebound is much expected at each support zone, failing to which the next lower target cay be achieved. Failing to sustain at $150 may revive the bearish market that may drag the price to a 2-digit figure in no time. However, the Relative Strength Index (RSI) is displaying a bullish divergance, while MACD is closer to flash bullish signals, pointing towards a minor bounce but only for a short term as the trading volume is fluctuating due to which the BNB price is highly volatile at present. For detailed analysis, visit Coinpedia.org.
Short
by Coinpedia-Market-Insight
2
#BNB Tanks below $250, Will it Slide to June 2022 Lows?Past Performance of BNB BNB dropped nine percent on December 16 as prices pierced below multi-week support levels. Presently, sellers are in charge, and the coin is technically within a bear breakout formation. Therefore, as it is, traders might find opportunities to unload as BNB slips from a critical resistance, former support. #BNB Technical Analysis If H2 2022 price action guides, BNB is bullish. From this, traders might interpret the current formation as an opportunity to accumulate at critical support levels, anticipating a bounce towards Q3 and Q4 resistance levels. However, as it is, aggressive traders can align their positions with the December 16 bear candlestick. In a bearish breakout formation, traders can unload the coin on every attempt toward $250. Their immediate target is around $215, flashing with the 78.6 percent Fibonacci retracement level of the H2 2022 trade range. Further losses might see BNB drop to $185, retesting June lows. What to Expect from #BNB? BNB is under pressure after months of holding steady above $250. The coin may be lower because of Binance-related FUD. Even so, with BNB below this line, there might be more losses in the short term. Resistance level to watch out for: $250 Support level to watch out for: $215 Disclaimer: Opinions expressed are not investment advice. Do your research.
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by Bitcoin_Analyzer
BNBUSD Why it is perhaps the best investment you can make nowThe strong pull-back on Binance Coin (BNBUSD) since the November 27 High (which was a Lower High of the Nov 08 FTX crash) seems to have come to an end as the 1D RSI breached below the 30.000 oversold barrier and is rebounding. This is identical in price action to the June low formation which resulted into a bottom that kick-started a rise to the previous Lower High (now Resistance). Even the price action prior to the November 08 High resembles the sequence prior to the April 05 High. In fact both of those highs were made a little over the 1W MA50 (red trend-line). In any case, every time the 1D RSI drops below 30.000 and then rebounds, it is a strong buy signal on the medium-term. See also the symmetrical trend-lines that have formed first Support (green) and later Resistance levels (red). The time that BNBUSD may turn into a long-term buy (always as long as the 1W MA200 supports (green trend-line), maybe approaching as the upcoming 320.00 Resistance (Nov 27 High) test will break the 1W MA50 again (something that didn't happen on the August 10 High). If the fractal continues to be repeated, then the next curve pattern will peak significantly above the 1W MA50, thus turning the Binance Coin into long-term bullish territory. Perhaps the best time to buy BNB is now, we believe it will be one of the best investments of 2023. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, 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 me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:BNBUSDLong
by TradingShot
7
$BNB - Through the hollow lanesHello my Fellow TraderZ, All this FUDs seem to be working properly for the #BINANCE Haters. But the question is that, will this collapse like $FTT. Reminder that I am talking about the Token not Exchange. Look, $BNB is going to test its last major support of $180-190. Breaking would taking this one to $120-130. Although the major support is still $40. Keep your bid around these levels. Honestly, chart showing disaster for #BNB. Only current nearby support & CZ could save this massacre. Lets see. Happy Trading. CHEERS!!!
by TRADER-GOKU
✴️ Binance Coin Bearish Targets Updated | Think Long-Term!Binance Coin (BNBUSDT) has gone below the 0.786 Fib. retracement level but this only confirms after the daily candle closure. We saw massive outflows from the exchange and their delisting tactics are back in full swing. Watch-out as your money gets stuck in pairs being delisted without warning. They can always give a warning before time; days, weeks, months but it is normally done without warning. ✴️ Binance Coin Final Shakeout Of 2022 | 2023 RocketShip! | Published 10-Dec. We remember an exchange that used to be at the top, won't say names; Bittrex, yet it decided to list tons of scam coins and run a massive amount of clients disturbing schemes. They are no longer #1. We remember another exchange with massive daily volume, won't mention any names, BitMEX, that ran embarrassing types of manipulation... Great trading volume no-more. We remember Binance being #1, until they started to screw everybody up. Or maybe that's just how things go... It is a casino after all. Don't know if you are aware but casinos skew the numbers in their favor, the house always win. The bearish targets are as follows, $185 possible if the 0.786 support breaks. $134 only possible later, we will have to go deeper into the reading the chart because we are ranting and... After the correction, it normally recovers and tends to move back up. But this one will also replaced because they are playing against their own customers and that's a huge no-no! Namaste.
Short
by AlanSantana
3
Binance Coin Analyze (12/04/2022)!!! Binance Coin wasn't able to break the resistance zone. I expect Binance Coin will go down to a heavy support zone again, and this zone can be a good chance for buying BNB for your portfolio. Binance Coin Analyze, ( BNBUSDT ), Timeframe 2Days⏰. Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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by pejman_zwin
4
BNB Binance Coin | Prepare for a Sell-Off !Yesterday, CZ Changpeng Zhao, the CEO of Binance, was evasive when asked by CNBC if he has cash reserves to cover $2.1 Billion from the FTX collapse. I don`t believe he has the money. I think BNB Binance Coin has come a long way. it was fun. My first investment in it was in 2019 around $6.5 to catch the MATIC ICO exclusively on Binance. Now the volume is decreasing while the price is still holding. I predict a selloff is about to come! Write me your price target!
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by TopgOptions
10
BNB FUDCZ is a beast and can do all that he wants correctly, however fud is unstoppable. with the state of the crypto market as a whole this isnt looking good. I dont see real functionality of bnb besides saving on fees, ive brought this up on my youtube before it was unjustly banned so hopefully some of you were able to watch those reviews. Either way FTX just nuked the entire market and now CZ is dealing with the toxic mess left behind by that scrub. Clearly seems to be a industry plant who was brought into crypto to tank the market to open the doors for regulation from the alphabets. Regardless of what happens fundamentally, if BNB loses this level around 220 than its free fall time folks. Cya at $30 back where it began.
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by largepetrol
3
Binance in troubled waters - Downside imminentCrypto is NOT in a good space right now. The coins and infrastructure aren't the problems, but the exchanges who run them and facilitate the transactions. I know crypto is the future and I'm super bullish in the long run. But right now, we need to protect ourselves from unnecessary scams and let the long winter play out until things start to be under control. With Binance, I don't have great news. CZ is under investigation of money laundering and the financials with it's practices. We've seen over $3 billion from withdraws taking place from a $64 billion pool of money. This is more of a stroll on the banks, but it has set a precedent and the ramifications can be drastic in the near future. With the US justice department and the FED having eyes on Binance since the FTX collapse and mismanagement, this isn't a confidence booster for investors. We are in protection and preservation phase for crypto traders and I don't know who to trust to be honest. Anyway, the chart is also showing strong downside. M Formation formed over the last few months and the price is breaking down. The Moving Averages are crossing down and the bias has officially become bearish. My first target is $166.70. Sorry for the grim analysis but price action does NOT work on feelings or gut. Follow for more daily tips and inside info. Timon MATI TRader
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by Timonrosso
BNBUSD - sorry but you won't like itFirst of all, we would like to apologize if you are BNB bull and this trading idea made you shaking or you already have a panic attack. But let's be honest now! BNB pumped like crazy and didn't give it back yet in the current bear market. Is it impossible for BNB to drop to $45 area? Probably no. It would be 93 % drop. In 2019 bear market ETH dumped over 94 %. In the current bear market there's a lot of FUDs around. We already saw FTX collapse, rumors about crypto.com insolvency and many more. It looks that CEXes are in trouble . Perhaps we will see more FUDs regarding Binance and it would be a trigger for BNB price to dump heavily? We believe that if BNB breaks down below 184$ and there are more / new FUDs around, the price may drop to 45$ again. There's literally no support anywhere between. Many won't like this trading idea, but it is what it is. Probably it will take some time to drop so low, but if the bear market for risk on assets were to continue , it will happen sooner or later. From another hand we expect Binance to be a leader amongs crypto exchanges therefore $45 would be a golden opportunity for a long-term investment.
COINBASE:ETHUSDShort
by vf_investment
5
Binance Coin Final Shakeout Of 2022 | 2023 RocketShip!We are about to see the final shakeout of the year 2022 for Binance Coin (BNBUSDT). After this shakeout, we are likely to see green to start positive the year 2023. We are looking at mainly two scenarios. #1 | The green arrow if the bears are weak, bulls strong, we get just a small shakeout that ends in a higher low and soon growth. #2 | The red arrow if the bulls are weak, bears strong, a retest of June's low and then 1960s technology rocket-ship up. Keep this in mind. Our phones, TVs, computers and all technology advances very fast, everyday... Floppy, CDs, DVDs, Blue-Rays, USD Sticks. But the spaceships... Oh wait, rocket-ships because they never moved ahead. The rockets have the exact same technology as in the 60s... What about that? Namaste.
Long
by AlanSantana
7
A shallow correction is expected from Binance Coin!BNB had a range trend during the last week. The support provided for Binance Coin in the $282-$275 range has had a positive reaction, and we can expect this range to have the power to reverse the trend in lower times. Therefore, considering a downward trend line on the last pivots and in case of breaking this trend line, we can expect the price to grow up to the targets of 310-315 dollars. We expect a more complete approach to the specified support range for the short term. But in any case, due to the previous upward wave of BNB, which is considered a strong wave, a shallow correction is expected from Binance Coin. In terms of time, the corrective wave is nearing its end, and we can expect the continued growth of BNB price this week. Also, another point that can be a sign of price growth is the presence of a large number of bullish candles among the bearish candles of the corrective wave. Therefore, the ratio of these candles is equal, increasing the probability of buyers entering them.
by MonoCoinSignal
5
InvestMate|BNB/USDT End Of Accumulation💲💲BNB/USDT End Of Accumulation. 💲As seen on the chart. After the first breakout wave which had its beginning on 21.11.2022. 💲We fell into a flat correction, repeatedly testing the support zone. Ultimately, the support zone held the price and we saw a tentative breakout upwards in the last few days. 💲I believe this is just the start of something bigger. 💲Over the next few weeks we will see the price pushing higher and higher. 💲The first resistance zone is a cluster of fibo levels. The first level is 0.236 of the upward wave from the 21.11.2022 bottom to the 26.11.2022 peak. The second level is 0.236 of the entire downward wave from the 2021 peak to the 2022 bottom. 💲This zone may hold the price for a short time. 💲The next key support zone is a cluster of two levels. The first is the double peak of 26.11.2022 and the second level is 0.382 of the upward wave from the bottom of 18.06.22 to the peak of 08.11.2022. 💲The scenario I'm playing out is a continuation of the upside with a reaction at the resistance zones. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description. 💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
3
BNBUSD can see a big upside if it breaks out of this rangeThe Binance Coin is trading in range, a wide belt that is holding since mid May and has broken only twice. Besides that, we see a Channel Up since June 18. Perhaps the strongest formation right now it the repetition based on the RSI of the August/September price action. If extended, this can break above the range and within 380 - 400, which will make a Higher High on the Channel Up. Please like, follow and comment!!
BINANCE:BNBUSDLong
by TradingBrokersView
1
$BTC : Going for 18K or 15K ? Let's CBy reviewing the November 27th analysis of BTC , we can see that we had 2 scenarios, and one of those scenarios was collecting BUY STOPS liquidities above $17,000, and this is exactly what happened, of course, the bearish scenario of the last analysis failed! Currently, we have two Institutional supports, one is $16,900 and one is $16,500! If the price consolidates above these levels, we can expect the price to grow to $18180 as the next target! Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 12. 01 .2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
24