BNB Are you scared?Another bubble around BNB, anyone who follows me knows that I think it will crash down very hard. But if it wants to liquidate all short positions now, it has an ideal opportunity.
For me, the Binance exchange was the first thing I got to know, in any case, the manipulation of the market within the crypto is disastrous and I am slowly switching to bybit.
Have a nice day friends and let's see if it falls like a stone or if we look up again,
Binancesignals
BNB Binance Coin Rejected by the Resistance After the first price target was reached:
It`s the 4th time since the major selloff to $183 when BNB Binance Coin faces the $335 Resistance level.
I think it will be rejected once again and head to the $276 Support.
I`m opening a short position here. Of course, not financial advice, just my own risk.
Looking forward to read your opinion about it.
BNBUSDT - Double Bottom Pattern!!BNBUSDT (4h Chart) Technical analysis
BNBUSDT (4h Chart) Currently trading at $316
Buy level: Above $316
Stop loss: Below $304
TP1: $321
TP2: $329
TP3: $338
TP4: $350
Max Leverage 3x
Always keep Stop loss
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Keep an eye on $HIGH/USDTKeep an eye on $HIGH/USDT
Falling Wedge upside Breakout is already done in daily time frame. Expecting a massive bullish wave.
Noted: Not a financial advisor.
It's always recommended to carefully consider all the factors and conduct thorough research before making any investment decisions. I suggest seeking advice from a licensed financial advisor.
BNB as a hedge asset to all marketBNB (Binance Coin) is a cryptocurrency released by the cryptocurrency exchange Binance in 2017. Binance Coin was created to facilitate transactions on Binance and provide users with additional features.
Binance was founded in 2017 by Changpeng Zhao and has quickly become one of the most popular cryptocurrency exchanges in the world. Binance launched Binance Coin (BNB) as its first cryptocurrency in July 2017. BNB was initially issued as an ERC-20 standard token on the Ethereum blockchain but was later migrated to BNB Chain's own Layer 1 blockchain.
BNB was issued in a total of 200 million coins, of which 100 million were sold during the Initial Coin Offering (ICO) in 2017 and the remaining 100 million coins were saved by the Binance team for future needs. Binance uses BNB to pay trading commissions on its exchange and offers additional features for users, such as discounts on trading fees, participation in lotteries, and access to exclusive features on the Binance platform.
Why BNB is worth considering
In the last bull cycle of 2019-2021, BNB posted one of the best returns on par with Solana, outperforming BTC and ETH at the end of the cycle
There is a real business behind BNB in the form of Binance
BNB's Web3 direction is actively developing, BNB Chain regularly holds hackathons, looks for promising development teams and products, and actively implements an incubation program for startups
Throughout the fall cycle in 2022, BNB was the only major asset that showed a positive trend against BTC
From June 2022 to date, the average monthly return on BNB has been aloft
BNB has the lowest covariance value against BTC compared to other major assets, which reflects its relative independence
Risks of BNB
BNB is associated with Binance and in case of problems on the largest exchange, BNB will be under great volatility pressure
BNB Chain network has few validators, 2022 there were examples of network shutdown
WHAT YOU CAN DO
If you are a portfolio investor, consider interest allocations for BNB
If you are a futures day trader who use BNB in different market situations, BNB can show opposite dynamics to the whole market
Thanks for reading our idea and don't forget to hit a rocket and write a comment with your thoughts about BNB
BNBUSDT DailyHi guys, Hope you well
We have two scenario for binancecoin. I agree with first that go down to daily demand .
SecondChanceCrypto
⏰27/April/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
DYDX Long SetupDYDX has a bullish chart, broke the downtrend on the daily timeframe and then started making higher highs, breaking the SMA 200 and then retesting
with rejection forming a Bullish engulfing, I didn't take this entry, so in order to have the best risk reward possible, I'll wait for the price to get closer to our ascending trendline and we'll go long with the confirmation, I'll update the idea as soon as that happens.
MANAUSDT Long SetupMANA recently broke out of the daily descending trendline and the 4h minor trendline, as you can see on the chart, finding support at 0.29, it is trading above the SMA 200 and in my opinion it is a great entry at these levels, with a great risk reward. Thecloser you can buy near support, the better.
We are in a clear Uptrend now.
GALAUSDT POSSIBLE LONG SETUPGALAUSDT is showing clear signs of a rise, for this reason im Bullish, in addition to the buying volume that has increased immensely in the last few days, we can see that it has broken out of the falling wedge and the SMA of 200 and the SMA of 20 on the daily timeframe, in addition to that it has made a bullish engulfing exactly at the bottom edge of the falling wedge.
I'll wait for confirmation and update this idea.
Binance COIN BNB Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”.
This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week.
Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge!
I assume we are about to witness a major selloff in the crypto industry.
My BNB Binance Coin Price Targets:
BNB/USDT short
Entry Range: $310 - 320
Price Target 1: $295
Price Target 2: $265
Price Target 3: $240
Stop Loss: $350
Bnb | Needs More Buyers Bnbusdt
Support can be retested once again, if the interest of buyers is seen on support, BnB will definitely fly.
But for now be careful and show patient.
I am expecting a correction to 290-270$.
Remember: We only give Idea's from our experience and knowledge, it does not mean that it will be 100% correct, the market is always unpredictable, anything can happen anytime.
Always trade with your own research and knowledge.If You Are Satisfied With Our Work Then Join.
BTC and BNB are entering the triangle patternBoth BTC and BNB are entering the possible triangle at the resistance zone. 2 things that can occurs right now is that either the price breaks above the upside or getting rejected and slam down pretty hard. The thing is that when we see a consolidation near strong level of support or resistance, the APEX break out will be very wild and could give a huge effect to the next movement.
Note : BTC since the break out above $25200 level, hasn't retested this region as a support so current break out isn't backed by a strong confirmation.
ETHEREUM IS ON THE BEARISH PATH OF BITCOINHey there crypto enthusiasts, it's been a wild ride for cryptocurrencies this week and ETHEREUM is right in the thick of it!
ETH is currently rockin' a DOUBLE-TOP PATTERN that kicked off around January 1st, 2023. The second part of the pattern has formed just below the NECKLINE, but don't despair - a bullish pinbar has popped up and pushed ETH back to that neckline. This means there's a chance we could see a reversal back up to the $1,500 zone.
Now, I may be a conservative trader, but I'm still excited to potentially short ETH at the $1,500 zone. My targets are set at $1,370-$1,350 for TP-1 and $1,200 for TP-2.
Why $1,200 for TP-2, you ask? Well, that's where the longer arm of the M-pattern (H-1) will be achieved as H-2.
Of course, there are no guarantees in trading, but that's just my opinion. So why not give this post a like, follow me, and share your own thoughts on ETH in the comments below?
Let's keep the conversation going!
BTC IS LIKELY TO GO DOWN A LITTLE WITH FIB38.2 FOCUS My thought for BTC is evident on my chart. I am working the double top pattern on the chart
I am looking at BTC losing some more dollars to fall to FIB38.2 zone which happened to be the $21,400 area...
share your thoughts and opinion on what you are expecting BTC to do
kindly, follow, like, comment and share
Binance Coin (BNBUSD): Very Bearish Outlook! Here is Why:
Have you seen that huge head & shoulders pattern that was formed
on Binance Coin on a daily.
After yesterdays' fundamentals, the price successfully violated its neckline and closed below that.
Probabilities are high now, that the market will keep falling.
Goals: 256 / 243
❤️Please, support my work with like, thank you!❤️
ArShevelev /// BNB Crazy Big Triangle to Breakout!Binance holding nicely during whole bear market phase, and it seems like it will make another good profits for those who entering next bull phase!
$400 is a "musthave" expectations, realisticly prices could be much, much higher in 2025.
Kind Regards
Artem Crypto