Binance Coin: Ready 🙌With the low of wave (2) in magenta, Binance should have finished a longer descending phase. Thus, we expect the altcoin to advance significant upwards movement, heading for the resistance at $398.20. This mark should be conquered in due time, so that the top of wave (3) in magenta can be reached. However, a 30% chance remains that Binance could slip below the support at $220.50 and develop a new low in the form of wave alt.(2) in magenta before it can continue the ascent.
Binancecoinforecast
HelenP. I BNB may continue to fall and reach level of 300Hi folks today I'm prepared for you BRITISH POUND analytics. After breaking through resistance at the level of 300, Binance Coin continued to grow and reached the level of 345, where it formed a resistance zone, from which it began to decline. The price fell to support at level 300, after which it continued to rise, re-tested the resistance zone 345-350 and started a local downtrend. For a long time, an ascending triangle was created, which Binance Coin later left. After a deep correction and re-test resistance of triangle, the price continued to fall, broke through the support of triangle and dropped to the trend line. Recently, the price re-tested the trendline, bounce off, made a slight upward correction, continued to fall and broke through the trend line. Currently, Binance Coin is trading below the trendline and may continue the local downtrend. The price may drop to support at level 300 where there will be set goal for BNB/USDT. If you like my analytics you may support me with your like/comment ❤️
Financial Wave. Binance coin(BNB)BNB is one of the few coins that we see as having a high potential for the future and we thought it would be interesting to see how it develops in a wave pattern.
Our priority scenario in Binance Coin is the development of wave 3, which can take the price to $299 and above. BNB falling below $240 will change our markup.
Binance Coin Analysis 26.11.2022Hello Traders,
welcome to this free and educational analysis.
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Binance has broken the upward movement 😱😱For a couple of weeks, Binance has been moving in an uptrend channel.
The price broke through the important level of $326, tested as support, and rose to the level of $350. There, Binance met a very strong resistance zone and corrected towards the 320$ level.
The price has now broken down the uptrend channel and dropped below the important 326$ level. If the price comes back and tests the lower level of the channel as resistance, it could be a good selling opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
💥BNBUSD - SHORT TO $340 THEN LONG TO $380, $420, $500🔥As we can see, we have a bullish pennant chart pattern breakout. A pull back is in action back to $340 - $347. After the pullback, I expect price to go long to $380, $420 and $500.
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BNB, Binance Coin - I expect on growth. Look when to buy👀Price formed a nice pattern for a long position. For the last 4 days, we squeezing near to the all-time high. And I think, it will be a good entry point only after breakout and retest to the key level.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BINANCECOIN (BNBUSDT/BNBBTC) Potential Long Entry 2021/03/11Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $250-255 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
BNB 12h. While the top bar is $300The BNBUSDT pair has been showing strong bullish sentiment for the last month.
At this time, the BNB coin works out well technically. Those who took advantage of our ideas for this trading pair could take good profits.
Now it looks like the BNBUSD price is consolidating and channeling upward with a range of $100 between the boundaries of the channel.
As of now, the more probable movement of BNBUSDT to the upper border of the channel around $300
Sellers can push the price down again from the upper border to the area of $200-215
It will be possible to confidently set up thoughts that BNB will continue to grow strongly only after buyers can confidently fix the price above $300
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
BINANCECOIN (BNBUSDT/BNBBTC) Daily Trade Setups 2021/02/20Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins!
Trade Setups
Below are the potential trade setups that I would be interested in trading:
BNBUSDT
Long Trade Setup #1: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to $350 and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $350, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
BNBBTC
Long Trade Setup #1: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to 653K Sats and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ 653K Sats, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
BINANCE COIN (BNBUSDT/BNBBTC) Daily Trade Setups 2021/02/19Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins!
BNB has been rallying very strongly recently, driven in large part due to the success of Binance Smart Chain and the defi ecosystem that is being built on it. It is very possible that price continues to rally from here, but should we have a correction, the levels marked out are potentially great entries to go long. I will also continue to monitor the market structure to see if we can get an entry closer to current prices.
Trade Setups
Below are the potential trade setups that I would be interested in trading:
BNBUSDT
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $145 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, Above average volume, MACD bottoming
BNBBTC
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ 300K Sats by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
BINANCE COIN (BNBUSDT/BNBBTC) Daily Trade Setups 2021/02/18Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin & Ethereum!
Trade Setups
Below are the potential trade setups that I would be interested in trading:
BNBUSDT
Long Trade Setup #1: Retest and Continuation (S&R Flip)
1. Price Action: Price needs to move back down to the S&R flip @ $148.4K and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, Above average volume, MACD bottoming
BNBBTC
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ 270K Sats by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
BNB 12h Which will be faster: $160 and $195 or $110 and below?In the previous idea, we assumed a target for the growth of BNBUSD $110
But we were also surprised how soon this goal was achieved and that the growth did not stop there.
The price consolidation currently taking place in the BNBUSDT pair is likely preparing for another upward impulse.
The levels for taking profit on Longs, which should be taken into account, are $160 and $195
At the bottom of the $110 crossing, it can make you wonder whether it is still worth holding the BNB long.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
BNB 1D Is the price of $110 real?Against the news background that the Binance exchange is launching the Binance Pay payment service, the token of the BNB exchange itself has risen in price.
BNBUSDT price easily broke up the level of $67 , fixing a high of $75.50.
Now, there is consolidation over the level of $67-68. If sellers do nothing, or buyers do not let the price lower much below this level, then we will have a quick shot up.
The upper targets are $92 and $110.
Deeper corrections of this upward impulse shot are also possible. Sketchy possible options are shown on the graph.
The levels below are $ 56.50 and $ 47
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
BNB 1D Carefully, there may be a high now and a fall to $36.5For almost a year now, the BNB price has been moving up the channel, clearly working out its limits and the average of the channel.
Only once did the BNBUSDT price make a false breakout of the channel in mid-September 2020.
It should be bear in mind. To understand how the BNBUSD price might behave, we copied the price movement fractal.
Now a shot to $54.84 is possible and further a strong fall to $36.50.
If this is preparing a final upward impulse, then the BNBUSDT price, after fixing above $55, may move to $67-68.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Binance Coin Price Analysis - $16 Support Failed
Relative Strength Index: The RSI is currently at a low 35 points. After dipping below the 30 points threshold twice in the past few hours, it's heading back down once again. If it stays above the 30 points threshold it will continue to drive the market down, if it crossed below the RSI will signal an oversold market and a rebound will ensue.
Bollinger Bands: The price is still within range but is about to cross below the lower band. If that happens, there will be more pressure for a rebound upwards. Otherwise, the BBs diverge further giving the price more room to fall.
Volume: There is a relatively low amount of volume for the amount of action we are seeing. That means the market shouldn't move too much at this point. However, at the same time if the price deviates enough, volume picks up extremely quickly.
Binance Coin (BNB) Price Prediction
The RSI and Bollinger Bands are not showing great signs as of right now. While we did have a brief moment to breathe, markets are toppling down once again. It looks like we might see another 5% correction downwards at least until the technical indicators can signal a rebound.
My prediction is that Binance will touch $15.5 before rebounding back up. It's important to keep in mind that Bitcoin is the leader for this collapse so if BTC continues to fall so will BNB.
Read Full BNB Price Analysis: The Merkle Hash