Fibo levels of BNBcrab harmonic pattern:
X=$160
AB=0.61 XA
BC=$0.88 AB
1.6 BC=$122
2 BC=$245
1.13 XA=$257
2.24 BC=$381
1.41 XA=$714
2.6 BC=$759
1.6 XA=$1523
3.6 BC=$4709
Binancecoin
BNB and ETH cross their lowest values.Binance Coin has not seen price rises by a large margin but has still taken a step upwards since the bearish run, having shown the lowest price of $505.93 yesterday morning. Today, it has reached $545.43, and its market cap has gone up by 3.00%, up to $89 billion. Ethereum and Binance have high hopes to pick themselves up in no time, as they’ve done so many times before.
The trend for losing Ethereum and Binance seems to have come to a halt as prices hike upwards. Ethereum had seen a low of $3,700 this week which has not been a pretty sight after so long of being above $4,000. Now, it seems to have regained its composure somewhat and has hiked up $215 in price and now trades at $4,066
Binance BNB Retracement coming 🥶Hello Traders,
this is my view on BINANCE:BNBUSD .
Need a closur above 50 MA or the support will be hit.
Binance Coin 12.15.21 $BNBAppealing price ranges for long-term investment and HODL in #BNB: 400$ - 444$
Important support and resistance ranges are marked on the chart and everything is clear ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 15.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Descending triangle in BNB* BNB In daily time frame appears with a Descending triangle pattern, with it's resistance as above trend line and the important support around $500.
* Descending triangle is considered to be either trend continuation or trend reversal pattern depend on the pattern breakout.
* If the price breaks the support zone we can expect a drop till $400
* In order to continue the bull run BNB needs to break the trend line resistance
BNB potential growth CAN BNB bounce back from this support level or not? I think it can bounce especially if BTC will be stable as the coin has shown a good performance against BTC.
I already entered from $520.
Targets and stop loss are clear for my trade.
What do you think guys?
NFA
BEARMARKET IS CALLINGBNB Chart
it seems to be a bearish flag on the chart
the price might reach lower trend line
FTX:BNBPERP BINANCE:BNBPERP BYBIT:BNBUSDT BINANCE:BNBUSDT
Binance Coin Price Analysis — December 13Along with the rest of the crypto market, Binance Coin (BNB) continues to trade in a sideways momentum on Monday as market uncertainty remains unabated. The third-largest cryptocurrency has traded between $600 and $540 for most of December, following its descent from $650. That said, I expect to see a fresh influx of momentum and trading volume this week, which should help BNB break above the 50 SMA line at $570, a critical near-term juncture. Furthermore, the primary target for bulls is the $600 top, where a confluence of resistance lines resides. Regardless, a sustained fall below the $540 support remains unlikely as we head into the end of the year.
Meanwhile, my resistance levels are $580, $600, and $620, and my support levels are $540, $520, and $500.
Total Market Capitalization: $2.25 trillion
Binance Coin Market Capitalization: $93 billion
Binance Coin Dominance: 4.14%
Market Rank: #3
Bnb usdtLooks great. Soon enter to 1k elite coin group.
😎Real use case.
Bulls under pressure to show their strength .keep push price far away from bear. Otherwise bears eat the market strength of bnb. Wait and watch bull or bear.
BNBUSD Correction ScenarioBNB can be seen to have produced peaks above the major trendline, just for a correction to come back to the trendline
I am proposing that this occurs again on the third down arrow, forming another rounded type peak, pushing the price back to the trendline
A correction like this would be very healthy and hodlers should not be worried about.
BNBUSDT-SHORT Head and ShouldersThere is a short position in BNBUSDT Binance Coin
BNBUSDT Binance Coin
🔴Short Now or set on Key Level 576.5
🟢Target 524.5
❌Stop loss 585.0
#K_Level
BNBUSDT-SHORT Head and ShouldersThere is a short position in BNBUSDT Binance Coin
BNBUSDT Binance Coin
🔴Short Now or set on Key Level 589.5
🟢Target 524.5
❌Stop loss 602.0
#K_Level
Daily BNBETH UpdateBNB has been showing some strength again over ETH in the last few days, but until proven wrong, I'm considering this as a short retracement in the downtrend. I've used a few red arrows to highlight the weakness in BNB's upward move over ETH. You can see that while price has been moving up, volume has been falling indicating that there is no commitment from the market to this move. ADX also shows that price movement has been accompanied by a general fall in interest from both buyers and sellers. There is not much splitting the two at the moment as both have been outperforming the wider market. I think there is a high probability that BNB will come back down to re-test the $0.1320 level again (previous level of demand).
Binance Coin (Update)On a daily TF, the trend is in the range of $ 500 to $ 670. Be patient, and if it breaks the $ 670 line, you can enter for $ 760 and $ 860.In case of price correction, the $ 500 range is suitable for entry.
Binance Coin - Entry pointsOn a daily timeframe, BNB is in the range of $ 500 and $ 670. If it breaks $ 670, enter for the $ 763 and $ 860 targets. If it is going for correction, enter within the $ 500 range.
