BNBUSDT: It is overbought?Hey traders, in today's trading session we are monitoring BNBUSDT for a selling opportunity around 320 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Binancecoin
BNB Binance Coin Entry Range, Take Profit and Stop LossBNB/USDT
Entry Range: $320 - 340
Price Target 1: $366
Price Target 2: $388
Price Target 3: $406
Stop Loss: $285
Ethereum (ETH/USD) good call ETHUSD
The second crypto by market cap is in a very interesting graphical situation.
1) The price is channeled in an Down channel, which by default breaks upwards.
2) RSI is crossing UP 50% higher which is a strong buy signal.
3) The price after breaking the first resistance (lower red box) is breaking is heading towards the next resistance (the upper red box)
4) Found an all-time low at the technical price of $1k which triggered buy orders.
So to summarize we are in two options:
a) That the price follows the broad wave of BTC and Wall Street breaking the Down channel and the existing resistance to attack the all-time highs at $ 5K
b) If the price is rejected near the resistance and the upper band of the Down channel it will look for new lows in the historical resistance of $ 500
LPI.sa
Binance Price Analysis — August 12Binance Coin (BNB) held on to its bullish bias on Friday after dropping from the $335 area yesterday. The smart chain cryptocurrency slowed its descent at the $320 low, where my multi-month tripwire coasts and has since bounced off the line.
We could see a bullish continuation over the weekend, with BNB breaking the $340 line for the first time since early May as the cryptocurrency industry continues to lean towards ending the ongoing bear cycle. At the same time, we could see a quiet tone over the weekend, as has been commonplace in the last few weekends. Either way, I do not see a bearish sentiment taking precedence this weekend.
Meanwhile, my resistance levels are $340, $350, and $360, and my support levels are $320, $310, and $300.
Total Market Capitalization: $1.19 trillion
Binance Coin Market Capitalization: $52.5 billion
Binance Coin Dominance: 4.5 %
Market Rank: #5
BNBUSDT - Descending Broadening Wedge Pattern!!BNBUSDT (1D Chart) Technical analysis
BNBUSDT (1D Chart) Currently trading at $330
Buy level: Above $325
Stop loss: Below $235
Target 1: $375
Target 2: $460
Target 3: $523
Target 4: $690
Max Leverage 2x
Always keep Stop loss
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BNB rising wedge #BNB/USDT
$BNB is above lower line of rising wedge.
The same scenario of #BTC!
🐻 break down from lower line will drop price to support zone.
🐮 rejection from lower line of this pattern will increase price to upper line and maybe resistance zone.
BNBUSDT BEARISHHello
In Daily TF BNB is facing a bearish Trendline.
In 1H BNB is in a wedge and facing the higher line of the pattern , on the moment i can see a bearish divergence in 15M TF , so I'm looking for a sell position.
you can see my trading setup with a good R/R.
what's your idea
#BNB, Trying to go for a flip of the ATH into price discovery#BNB
Trying to go for a flip of the ATH area into price discovery
UCTS is bullish overall, and a fresh 4H buy signal that may permit LTF entry has just printed.
Attempt to use an HH as the start of a larger movement.
BNBUSDT, Multi timeframe analysis. Update Hello my friends. This is an update of previous analysis (blow link). Everything is clear on the chart for you like always, BNB has better condition than other coins and tokens. Buy points at 248 and after break the trend line above 285. For safe buy its better to wait for fixation above 350.
Good luck.
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Write your comment and opinion here to me
BNBUSDT, near a sensitive zone. Binance coin. UpdateHello my friends. This is an update of previous analysis (blow link). Everything is clear on the chart for you like always, BNB has better condition than other coins and tokens. Buy points at 248 and after break the trend line above 285. For safe buy its better to wait for fixation above 350. and now we are near this sensitive zone and strong resistance.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion here to me
BNBUSDTBINANCE COIN IS under main DYNAMIC RESISTANCE
I will not do anything till 334$ breaks.
if the price breaks clearly ill try to buy in pullback then I put targets on the chart with 278$ stop-loss.
Binance Coin has formed a rising wedge! BNB Review!Binance Coin has formed a rising wedge. Goals indicated on the chart!
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Trading opportunity for BNBUSDTBased on technical factors there is a Long position in :
📊 BNBUSDT Binance Coin
🔵 Long Now 290.00
🧯 Stop loss 260.0
🏹 Target 1 310.0
🏹 Target 2 333.0
🏹 Target 3 375.0
💸Capital : 1%
We hope it is profitable for you ❤️
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BNBUSDT: Potential downsidesHey traders, in today's trading session we are monitoring BNBUSDT for a selling opportunity around 290 zone, once we will receive any bearish confirmation the trade will be executed.
trade safe, Joe.
BNB short! Forecast !#BNB
▪️I think cz binance wants to lead us into a trap, we have come to the $300 zone, a significant level, I expect a correction in the near future, the indicators are overbought!
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Binace Coin (BNB) is breaking out! BNB is breaking out of a large Falling Wedge, the 1-week average 100 (the yellow line) is $ 304 near the $ 325 and $ 365 resistance.
We are currently priced at $ 300 if the Wall Street market and Bitcoin turn up and put an end to this Bear Market we would have strong price growth.
Great investment and great crypto, the star of Binance.
BNB Analysis ✔BINANCE:BNBUSDT
BNB can continue to grow if the price channel is broken
then we can take long position in price pullback.
BNB makes a profit, moving up the channel!we are moving up the channel, after a good growth - it would be time to go for a correction, I expect further growth after a slight decline!
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BNB inside resistance zone#BNB/USDT
$BNB is inside strong resistance zone between 0.5 and 0.618 fib levels of last swing down.
🐮 break out from this resistance zone, can help bulls fly to reach $380 and $400.
🐻 rejection from current resistance, will help bears to break down the ascending support and drop price to $200 again.
Binance Coin 1 OR 2 !? ( BNB/USDT Update ) 📈📉Hello traders, what's going on guys and girls ?!
Since 02 Jan 2022, As I expected , Binance Coin has been chasseing the bars pattern till now , Although so far the both bars pattern scenarios had a lot of overlap, but now faced a dilemma to chooses between the haven or hell way 📈📉🙂 !! (more than 30%💰 (1x)short).
So today as you can see in the weekly time frame, BNBUSDT is struggling to overcome the pivot zone then if should breakout the breakout the decending trend line as a dynamic support , so according to scenari0-2 if it be to maintain this important zone it can see see the higher red zone, but otherwise if not be able to maintain , according to scinario-1 , in this case it can even see the lower support zone !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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$BNB Is very Strong$BNBUSD Binance Coin is stronger than most of crypto rivals.
it's good as long as it's above 233,
BNB Binance Coin short Entry Range, Take Profits and Stop LossBNB/USDT short
Entry Range: $254 - 265
Price Target 1: $245
Price Target 2: $226
Price Target 3: $207
Stop Loss: $279
the $424 short
BNB double top. Review!▪️ Deadline for the deal is 7 days. BNB has formed a double top, this pattern is reversal, I think we will go down on the chart in the near future. (see chart)
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