The profit of fluctuation ---- BNBAfter the Federal Reserve slowed its balance sheet reduction and the labor market cooled more than expected, BTC led the token rebound. Compared with the dump that the token experienced in April, the price of BNB has always remained at a high level. This is related to Binance’s frequent Launchpad and Megadrop launches. The logical upper limit of BNB fundamentals is based on Binance’s activity, and the logical lower limit is based on the SEC’s actions against Binance.
We have previously analyzed BNB based on the TSB indicator, and we can see that the wavy area still plays a role, and BNB maintains a bullish trend at the daily level. If you used the TSB indicator and opened a long position, then hold on to it.
If you missed the TSB indicator, let's take a look at the effect of the KDMM indicator on BNB. Switching to the 4h level, we can see that BNB has clearly entered a fluctuation trend. This is a necessary conditions for using the KDMM indicator. When everything is satisfied, you only need to wait for the value on the KDMM indicator to reach a high (80) for the bearish momentum to increase or for the value to reach (20) for the bullish momentum to increase. Then carry out bearish and bullish operations accordingly. We have marked the clear signal locations on the indicator area with red and green lines. This can help you profit during fluctuation.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
BNB
Binance Coin BNB Intraday Trade SetupBinance Coin is in the bullish territory in the H4 chart.
A bullish break-out of $603 will offer more upside towards $619 where the price action will be key.
A re-test of $590 followed by a bullish rejection will lead to a bullish move towards $619 and, possibly, higher to $646-$658.
An inability to sustain price action above $590 will result in a range-bound price action towards $577 and lower to $565, the key intraday support.
Find more info in signature.
Binance Coin can rebound up from support line to 561 pointsHello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that the price some time ago started to decline inside the downward channel, where it reached the resistance line at once, and then rebounded down to the support line of the downward channel. Later, the price bounced up from this line and rose to the seller zone, which coincided with the resistance level, but soon turned around and fell lower this level, breaking it. After this, BNB reached the 600 level and then made impulse down to 539 points, thereby exiting from the downward channel, breaking the support level, which coincided with the buyer zone and entered to upward wedge. In this pattern, the price soon broke the 561 level again and in a short time later rose to the resistance line of the wedge, which coincided with the resistance level, but at once rebounded and fell to the support line. A few moments ago, the price bounced from this line and now I think that Binance Coin can correct to the support line and then rebound up to the resistance line of the wedge, thereby breaking the resistance level. So, for this case, I set my target at 561 points. Please share this idea with your friends and click Boost 🚀
BNB/USD The entire primary trend.Logarithm. Time frame 1 month. Idea for understanding the main trend, secondary trends. Zones of accumulation and distribution of this asset of the most liquid and popular exchange (this is the main thing, the direction of thinking of the masses on a scale). Setting trends in the crypto market.
This is how the trend of this crypto coin with its own blockchain of the Binance exchange looks like on a line chart.
Potential news background in the future under the chart for price direction.
1️⃣Manipulation with the price of which (influence on the exchange and the turnover of billions) can very significantly affect the market as a whole, especially when the SEC announces that this cryptocurrency of this exchange is "outlawed" and is a "security" (the scenario of "probing the reaction" has already been launched in March 2023 for local corrections) or similar nonsense.
2️⃣Also remember the competition between the two superpowers, China and the United States, they will alternately supply each other with spokes in the wheels, as well as local news springboards for themselves (the race to monopolize and control cryptocurrencies, taxing, and so on).
Percentage decline from price peak. Liquidity. The game is good/bad.
Notice the % reduction. It has been preserved (liquidity, trust, suggestion) unlike other exchange tokens due to the good/bad play between the Binance (BNB) and FTX (FTT) exchanges. The sinking of the latter, and the redirection of financial crypto flows to the Binance (BNB) exchange from other exchanges (direct marketing about the reliability and unreliability of others, the disclosure (that's right) of some exchange wallets with large balances (the largest in the cryptocurrency market).
Decentralization or centralization? State. Supervision. The right to create money out of nothing.
It's all pre-planned game, it's not an accident. Think about how the state and the digitalization process in general are connected with this. After all, such billions of dollars of financial flows to liquid exchanges, as well as the control of USDT / USDC (and other small stablecoins) cannot be outside state supervision. Who thinks otherwise I feel sorry for you in the future. Think about what would happen if the "state" gave the right to create money out of nothing to someone else. Is it possible? I think no. Is it a mimicry of new experimental trends to improve the financial system. And it is right.
📊Technical analysis. Secondary trend. Zones of accumulation and distribution.
Look first at the monthly time frame (publication), then below the local area chart (weekly time frame, less makes no sense).
Please note that the price is now at the lower zone of the ascending channel, there is a small "drop-out" from the channel on the monthly time frame (this is important). A flat with a % step between levels 218 - 327 has been going on for 14 months (426 days!). Now the price is near the lower zone of this flat trend (1311% of the average price of the previous set, not a minimum). What do you think, gentlemen, is this accumulation or distribution?).
📊Technical analysis. Local reversal zone . Candles. Time frame 1 week.
📊Technical analysis. Local reversal zone . Linear (to show the trend). Time frame 1 week.
👁 Coronavirus. Super dump 03 2020
I would like to turn your attention to the time of the March 2020 corona dump. Here, the logic is very clearly visible on the chart of this exchange coin (direction of financial flows, creation of liquidity, development of the exchange, attraction of new users). Long-term accumulation and super removal in the moment. Removal of all stop-loss under the accumulation zone at the moment by a huge percentage. Continuation of the set after that (I remember at that moment everyone was waiting for a further decline in the market, psychology).
This is how this super dump looks on a line chart and is irrelevant from the position of the general trend. No matter how scary it was for some market participants at the moment.
Always remember this and be prepared, whether you believe it will happen or not.
📊BNB/BTC. Technical analysis. Reversal zone . Candles. Time frame 1 month.
BNB/BTC Main trend in full. Channel. Reversal zone.
📊BNB/BTC. Technical analysis. Reversal zone . Linear (to show the trend). Time frame 1 month.
Trading Signal For BNBUSDT BinanceCoin Trading Setup:
There is a Trading Signal to Sell in BNBUSDT BinanceCoin (15m) (Futures)
Traders can open their Sell Trades NOW
⬇️ Sell now or sell on 601.2
⭕️SL @ SL: 612.3
🔵TP1 @ 562.2
🔵TP2 @ 540.6
🔵TP3 @ 507.1
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
BNBUSDT - Price can break resistance level inside rising channelHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to falling channel, where it soon broke resistance level, which coincided with resistance area.
After this, BNB reached resistance line of channel and then bounced down to support line, breaking $604 level again.
Then price made downward impulse, exiting from falling channel and breaking $560 level.
But then, BNB turned around and started to grow inside rising channel, where it broke $560 level again and continued to grow.
Later price reached resistance line of channel, but at once bounced and fell to support line, where now it continues to trades near.
In my mind, Binance Coin can bounce up from support line of channel to $615, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BNBUST | Short H4 | Market Exec |Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on H4 time-frame
- Price action is close to a Resistance Trendline & a Consolidation are
- Price action may reverse back towards the previous Demand Zone
Suggested Trade:
Entry @ Area of Interest 560 - 570
SL @ 580.66
TP 1 @ 552 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 535.15
Risk-to-Reward @ Approx. 2.18 (Depending on Entry Level)
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If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
If you want something analyzed, do drop me a DM. :D
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
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Binance Coin - A 10.000% TriangleHello Traders and Investors, today I will take a look at Binance Coin.
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Explanation of my video analysis:
After the beautiful break and retest on Binance Coin back in 2020, we saw an insane rally of roughly +10.000% towards the uspide. Then BNB topped out in the beginning of 2021 and created a descending triangle formation. We saw a bullish breakout on Binance Coin just four months ago and maybe we can even see a similar move of 10.000% towards the upside from here.
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Keep your long term vision,
Philip (BasicTrading)
HelenP. I Binance Coin will continue to grow to $605 pointsHi folks today I'm prepared for you Binance Coin analytics. Some days ago price entered to consolidation, where it first rose to the resistance level, which coincided with the resistance zone, and then at once rebounded from to support level. After this movement, BNB turned around and made an impulse up to the resistance zone, after which it in a short time declined to the trend line, thereby exiting from consolidation and breaking 620 with 550 levels. Then the price turned around and rose higher than the 550 level, breaking it again, but soon fell back to the trend line, after which BNB made impulse up to almost the resistance level, finally breaking the 550 level. After this movement, Binance Coin turned around and in a short time declined to the trend line, breaking this line and fell to the support zone, after which it not a long time ago exited up, and now price trades near the trend line. For my mind, Binance Coin will little correct and then the price can continue to move up. That's why I set my target at 605 points. If you like my analytics you may support me with your like/comment ❤️
Binance Coin (BNB) UPDATE MAY 2024Hello Friends.
How are you?
today I wanna publish a new analysis of BNB
It's not financial advice. please just read and do based on your strategy.
Let me tell you something first. The market moved more than I thought. and it's really strange. when Bitcoin passed 42800 because Bitcoin did not react to this order block.
let's not go into details.
I used the Fibonacci channel. As you know, when we want to draw a channel, we need two points at the bottom and one point at the top.
so, I drew a channel line. and finally, the price succeeded in breaking the top of the channel.so I activated the second channel line.
we see the second channel line stopped the raising. and we had a very powerful pressure of selling. As a result, the price dropped to the top of the first channel line. and then the price raised to complete the pull-back to the broken midline and I expect to drop more.
the first target is around 226 USD the second one is around 85 USD and the last one will be 35 USD.
*** important notice:
Finally, wait until the price reaches $35. The price movement in recent months is not important to me because I believe that the price should reach around $35
********************************
I'm still counting on my pre-analysis and I believe that the best place to buy and hold Binance-coin will be the 3rd one. and the price will touch that place at a few months later. I'm sure about that.
Please don't be fooled by Twitter and Instagram influencers. That's all.
please think about that carefully. and know that Opportunities in the market flow smoothly like a river.
Please don’t forget to write your comments ✍️✍️ like 👍👍 and Share 👌👌 this vision with your friends.
And Tell me do you agree with me or Not?
Please don't hesitate to write your comments below.
❤️❤️ Wish you the best ❤️❤️
Sincerely Yours
Ho3ein.mnD
BNB Faces Potential Sell-Off Following CZ's Sentencing TodayThe news of Binance's billionaire founder, Changpeng Zhao, being sentenced to four months in prison after pleading guilty to charges of enabling money laundering at his crypto exchange could potentially trigger a selloff in BNB.
This development raises concerns about the governance and regulatory compliance within the exchange, which may lead investors to reassess the risks associated with holding BNB.
Uncertainties surrounding the impact of Zhao's absence on Binance's operations and future prospects could further contribute to downward pressure on BNB prices in the near term.
My price targets are: $510, $425 and $315.
Binance CEO CZ Sentenced to Four Months in Prison, BNB Drops Binance's CEO Changpeng Zhao has been sentenced to four months in prison.
CZ Set to Spend Four Months in Prison
After pleading guilty to one count of violating the Bank Secrecy Act earlier in November 2023, the former Binance CEO in the person of Changpeng Zhao was sentenced to four months in prison by Judge Richard Jones for failure to establish robust anti-money laundering procedures. The judge rejected the DoJ's 36-month sentence request to reach to the decision. He said, "There needs to be an effort by this court to impose a sentence that's appropriate and reasonable."
Considering Changpeng Zhao pleaded guilty and cooperated with authorities, the Federal sentencing guidelines set a maximum sentence of 18 months — under normal circumstances, such a charge would carry up to 10 years in prison.
The Department of Justice requested a three-year sentence, arguing that the Binance founder willfully allowed illegal trades on the world's renowned crypto exchange Binance, failed to report thousands of suspicious criminal activities and garnered profits of around $1.6 billion from such transactions. In contrast, CZ's team requested probation and proposed house arrest as an option.
After the court hearing, Judge Richard Jones disagreed with the DoJ's request to extend the sentence to three years, stating, "There's no evidence that the defendant was ever informed of illegal activity," . In response, the Department of Justice argued that CZ was aware of illicit activity.
While the judge seemed to agree with the 10-16 months prison sentence and 1-3 years supervised release recommended by the Probation Office, the Department of Justice attorney argued otherwise. The Department of Justice stated that it would serve as an incentive for others to break the law on a large scale.
The defense attorney reiterated CZ's and Binance's compliance throughout the process. Binance agreed to pay $4.3 billion in fines, while CZ would pay $50 million — a fraction of his $33 billion net worth, according to Forbes.
After several exchanges, the judge rejected the DoJ's request for three years and sentenced CZ to four months in prison.
CZ's sentencing comes off the back of former FTX CEO Sam Bankman-Fried’s 25-year prison sentence for his role in the collapse of the FTX exchange.
In the forgeoing lawsuit, CRYPTOCAP:BNB is showing recovery signs after bouncing from a low of $556.20 to $570.60.
The general crypto market is gearing up to the news, considering CZ's and Binance's wide influence in the space. Many expect the crypto market to see a slight recovery from recent dumps following CZ's short sentence.
BNBUSDT.4HThe 4-hour chart for Binance Coin (BNB/USDT) shows that the price is currently oscillating within a relatively tight trading range. The price is currently at $569.6, with the chart indicating a primary resistance (R1) at $649.1 and a strong support (S1) at $490.8. A secondary support level (S2) is identified further down at $349.9.
The price has rebounded multiple times from the support level at $490.8, suggesting strong buying interest at this price point. Conversely, resistance at $649.1 has capped upward movements, indicating significant selling pressure at this level.
The RSI indicator is in the middle of its range at 36.25, suggesting a lack of strong momentum in either direction currently. The MACD is slightly below the signal line, indicating a slight bearish momentum but not significantly so.
For trading, watching how the price interacts with these key levels would be crucial. A break above $649.1 could signal potential for a further upward movement, possibly targeting the previous high near $645.2. Conversely, a break below $490.8 could lead to a test of the lower support at $349.9, indicating a stronger bearish sentiment. Traders might consider positions based on the breakout direction from these key levels, ensuring to use proper risk management strategies to protect against unexpected moves.
BNB/USDT 4HInterval Chart ReviewHello everyone, I invite you to a quick review of the BNB to USDT pair chart, taking into account the four-hour interval. As we can see, the price has broken down from the upward trend line, and now we can see that a local downward trend channel has formed.
Please note how the price remained in the support zone from $589 to $576, if this support was broken, the support level is still visible at $556 and then around $523.
Looking the other way, there is a significant resistance zone from $601 to $606, then the price must go up through the resistance at $621, which will open the way towards $645.
When we look at the RSI indicator, we will see a movement in the side trend channel, where we have bounced off the lower border, while the STOCH indicator indicates a potential upward movement, the beginning of which is visible on the chart.
Binance Coin can continue to decline to 565 support levelHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price a not long time ago started to rise in the upward channel and soon broke the support level, which coincided with the buyer zone. Inside the channel, BNB rose to a resistance level, which coincided with the seller zone, and soon rose even higher, breaking the 616 level. But later BNB turned around and made a strong impulse down to the support level, exiting from the upward channel and starting to trades in a triangle. In this pattern, the price soon broke the 565 support level and declined to the support line, but BNB at once turned around from the support line and in a short time rose to a higher support level, breaking it again. Next, BNB continued to move up and later reached the resistance level, after which rebounded and declined lower the support line, thereby exiting from the triangle pattern. Now price continues to decline and in my opinion, Binance Coin can make a small move up and then continue to decline to the support level. For this case, I set my target at the 565 support level. Please share this idea with your friends and click Boost 🚀
BNBUSDT - Price can make small move up and then continue fallHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price declined to support level, which coincided with support area and at once bounced up.
When BNB reached resistance line, it turned around and in a short time declined below $537 level.
But then, price turned around and started to grow inside rising channel, where BNb broke $537 level one more time.
Later, price rose to $605 level, and even soon entered to resistance area, where BNb some time traded.
After this, BNB bounced from this area and declined lower $605 level, breaking it and recently even exiting from rising channel.
Now, I think that Binance Coin can make small move up and then continue to decline to $555
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BTC/USDT 4HInterval Chart ReviewHello everyone, let's look at the 4H BNB to USDT chart, as we can see the price has been moving in a sideways trend channel for a long time and currently we can see the price moving near the upper border of the channel, which is staying just above the local uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $594 - $611
T2 = $635
AND
T3 = $662
Now let's move on to the stop loss in case of further market declines:
SL1 = $570
SL2 = $542
SL3 = $519
AND
SL4 = $492
When we look at the RSI indicator and the STOCH indicator, we will see that there is still room for a continuation of the current downward movement.
BNBUSDT → Buyer interest. Coin rises in a falling market BINANCE:BNBUSDT looks more confident on the D1 chart than the whole market and even more confident than bitcoin, which continues to lose ground, testing 64K. If BNB breaks resistance, it could provide good momentum.
After a strong rally, the price stops and forms a sideways range for two months. Local preconditions are forming for the coin to be ready to go up. These preconditions are mainly based on the fundamental background related to the activity of Binance management. An ascending triangle is forming on H4, which indicates strength and clear buying interest.
Resistance levels: 619.7
Support levels: MA200 & MA-50, 588.0
The trigger to the beginning of the momentum and active distribution may be the break of resistance 619-620. Intermediate target is 700.
Regards R. Linda!