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BNB

🌟🔍 Binance Coin (BNB) Post-Pump Analysis and Strategies 📈🛑 🔺 BNB's Current Consolidation: After a significant pump from the entry point of $250, BNB is now in a resting phase. The next upward movement could potentially commence from around $350. 📊 Weekly RSI Approaching Overbought: The Relative Strength Index (RSI) in the weekly timeframe is nearing overbought territory, suggesting a possible rally towards $350. 🔐 Personal Holding Strategy: I am continuing to hold my previous BNB purchases and not moving my stop loss. I believe our entry point is strong, and in the event of a downturn, I plan to hold through for a potential bull run. 📈 Futures Trading Strategy: For futures, a long position can be considered after surpassing $324, but a large stop loss might not be advisable. 💼 Holding Without Profit Booking: I am not planning to book profits on my holdings as of now. 🚨 Market Caution: The overall market is at a point where a correction is likely, so it’s important to trade with proper capital management and definitely set stop losses. 🔑 Related Categories: Binance Coin (BNB) Post-Pump Behavior RSI Analysis Holding and Trading Strategies How are you adjusting your strategies in response to BNB's recent movements and the overall market situation? Are you holding, trading, or reassessing your positions? Share your approach! 💬🌐 #BNBStrategy #CryptoTrading #TradeCityPro 📚 Remember: Cryptocurrency markets are volatile. Always ensure to manage your investments wisely and stay informed about market trends! 🧠💼
Long
by tradecitypro
10
BNB: Resistance BreakoutTrade setup : Following a bullish break above $300 key level, price reached as high as $338 but got very overbought (RSI > 80). Now it’s pulled back to $300 support, which could be an attractive swing trade entry in Uptrend, with upside potential to $350. Stop Loss (SL) level at $285 (10% downside risk versus 20% upside potential for a 1:2 Risk-Reward Ratio). Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). Support and Resistance : Nearest Support Zone is $300 (previous resistance), then $260. The nearest Resistance Zone is $350.
Long
by altFINS
🔥BNB Will Dump: Everyone Expects It, Right?🤔Binance have not the best year according to the paid media. BTW, this is a largest and most regulated crypto exchange in the world, which have 100% proven reserves backed by BTC, stablecoins etc. The return of BNB inside the triangle will be a bullish signal. I recommend you to take a look on the Binance Coin weekly candle close. The targets are on chart. 💥 I think it is too early to bury Binance and BNB. What do you think? like❤️ and follow Check the links and get a BONUS🎁 from me👇
by Alex_Dehtiarov
3
HelenP. I BNB can correct to trend line again and then bounce upHi folks today I'm prepared for you Binance Coin analytics. If we look at the chart, we can see how the price some days ago traded in the support zone, which coincided with support 2 and soon broke this level. Next, BNB made a retest and tried to rise more, but failed and made a correction to support 2, which coincided with the trend line at the moment. After this, the price rebounded from the trend line and made a strong impulse up to support 1, which coincided with one more support zone, and in a short time, BNB broke this level too. Then price repeated the retest movement and continued to move up to 338 points, after which BNB rebounded and made a correction movement to the support zone. In the zone, the price declined to the trend line, but at once rebounded from this line and rose higher than this zone with support 1. At the moment, Binance Coin trades near the support zone, and I expect that the price can make a correction to the trend line one more time and then rebound and continue to grow. That's why I set my target at the 326 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
1
SasanSeifi 💁‍♂Weekly Price Analysis and Growth ExpectationsHey there! In the weekly time frame, as observed, after breaking out of the range, the price has managed to rise to the price range of $238. It is currently within the $230 price range. The expectation we can have in the weekly time frame is that, if it consolidates above the significant resistance range of $230, we might witness further growth toward the price range of $250 and the liquidity range of $260. In the case of growth, for a better understanding of the continuation of the price movement, we need to see how the price will react to the resistance zones. 🟢 Keep in mind, it's essential to perform your own analysis and take into account additional factors prior to making any trading choices. Best of luck! ✌️ ❌ (DYOR) - Do Your Own Research...⚠️⚜️ Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you! If you found my analysis beneficial, I would be grateful for your support through likes and comments. Thank you! 🙌
by SasanSeifi
2
BNBUSDT - Price can bounce up to $327 level from support areaHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Some time ago price bounced from support area, which coincided with $254 level, and declined to support line of rising channel. After this, BNB at once bounced up from this line to resistance line of channel, thereby breaking $254 support level. Next, price made little correction, and after this, it made upward impulse to $338 points, breaking $300 level and exiting of channel. Also then, BNB started to trades in wedge, where it soon bounced from resistance line and declined to support line of wedge. Now, price continues to trades very close to this line and in my mind, Binance Coin can fall to support area and then bounce up to $327 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
2
BNB/USDT 4HInterval Chart support and resistanceHello everyone, let's take a look at the BNB to USDT chart on a four-hour time frame. As you can see, the price is moving below the local downtrend line. After unfolding the trend based fib extension grid, you can see support at the level of $302, which has maintained the price, and then you can see the support zone from $295 to $286. Looking the other way, there is resistance at $313, followed by a strong resistance zone from $327 to $334. Looking at the RSI indicator, we can see a rebound with room for a larger decline, while the STOCH indicator shows a rebound from the lower limit, which is also confirmed by a slight price rebound on the chart.
by cryptodailyuk
BNB: Resistance BreakoutTrade setup : Following a bullish break above $300 key level, price reached as high as $338 but got very overbought (RSI > 80). Now it’s pulled back to $300 support, which could be an attractive swing trade entry in Uptrend, with upside potential to $350. Stop Loss (SL) level at $285 (10% downside risk versus 20% upside potential for a 1:2 Risk-Reward Ratio). Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $300 (previous resistance), then $260. The nearest Resistance Zone is $350.
Long
by altFINS
🚀Binance Coin (BNB) Analysis Overcoming Resistance ChallengeKey Points: Positive Outlier: Binance Coin (BNB) has displayed positive performance, closing the week with a 0.3% increase despite broader market trends. Sustained Momentum: BNB sustained momentum after surpassing the $300 mark at the end of 2023. Obstacle Ahead: The coin faces a significant obstacle in the form of strong resistance at $360, and breaking above this level may prove challenging. Technical Insights: Resistance at $360: The $360 resistance level is highlighted as a significant challenge for BNB. Absence of Substantial Pullback: The absence of a substantial pullback in the rally raises considerations about the potential difficulty in overcoming resistance. Implications for Traders and Investors: Cautious Approach: Traders and investors should approach the $360 resistance level with caution, considering the absence of a significant pullback. Monitoring Price Movements: Close monitoring of price movements and potential developments in the market is advised.
Long
by Richtv_official
1
BNB - Analysis of Binance CoinBinance Coin is currently undergoing a prolonged descent in Wave E, evident from its ongoing Wave ii correction that seems far from completion. It's fascinating to note the market's tendency to offer a second opportunity for entry after missing the initial significant surge. The challenge with perceiving it as a Wave 2 lies in the potential lack of comprehension regarding the underlying pattern, possibly identified by Elliott Wave practitioners as a double or triple zig-zag, a concept prone to subjectivity and limited helpfulness. However, AriasWave diverges from the Elliott Wave methodology, adopting a distinct approach reminiscent of a programming language. It involves asking specific questions, and depending on the answers, guides one towards understanding their position within the corrective pattern. Here, a forward-looking and guided effort is emphasized, providing solace and comfort in making investment decisions at favorable prices, free from the fear of missing out (FOMO).
Short
by AriasWave
HNT Ballooning to new Heights - Potential Price TargetsHelium Network is an extremely promising venture, Not only due to its revolutionary vision but also its solid team and feverish community of supporters. Solana Phone is likely to bring the price to new highs, very soon. Here are my current price points for HNT Support zone: 5.28 - 6.883 Resistance Level: 7.82 Target 1: 11.11 Resistance Level: 12.02 Target 2: 13.79 Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices. Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes. Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT. Helium’s goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.
COINBASE:HNTUSDLong
by Helios_Capital_Investment
3
After exiting of triangle, BNB can make retest and continue growHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price a few moments ago declined to the support level, which coincided with the buyer zone and even fell to this zone. But later, BNB reached the support line of the triangle, and at once rebounded and made a strong upward impulse to the resistance line, thereby breaking the 306 level, which is located inside the support area. Then price rebounded from the resistance line and started to fall to the support area, and when BNB declined to this zone, it at once rebounded and tried to rise back to the resistance line of the triangle, but failed and fell back to the support area. Later Binance Coin bounced from the support area again, finally reached the resistance line, and even soon broke it, thereby exiting from the triangle. Now, I think that BNB can make a retest to this resistance line and then continue to move up. For this case, I set my target at the 342 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
1
BNB/USDT Ready for a Bull Run? 👀🚀 BNB Analysis 💎 Paradisers, set your sights on BNBUSDT for a significant trading possibility. The asset is currently in a descending channel, indicating a strong potential for an upward shift from a key support level. 💎 Over the last month, BinanceCoin has skillfully adhered to its channel pattern. Having now reached the crucial support level at $206, there's a pronounced chance of a bullish reversal, which could culminate in a breakout from the channel. 💎 This outlook is bolstered by VRVP analysis, which suggests that historical visits to key support levels typically lead to strong bullish movements. If this bullish trajectory continues, BNB could be heading towards resistance levels at $271 and $310. 💎 However, it's crucial to monitor BNB closely. Falling below the current support level would require a significant reevaluation of our trading approach. Such a trend reversal could indicate difficulties in maintaining the bullish momentum, requiring strategic adjustments to align with the changing market conditions. 💎 Remain vigilant and proactive, Paradisers. Paradise Team is committed to provide you with thorough analysis and strategic insights to empower you to navigate these market fluctuations skillfully.
Long
by MyCryptoParadise_Simon
2
BNB: Resistance BreakoutTrade setup : Following a bullish break above $300 resistance zone, price reached as high as $338 but got very overbought (RSI > 80). Now it’s pulled back and is retesting that $300 key level. Upside potential to $350. Stop Loss (SL) level at $285 (10% downside risk versus 20% upside potential for a 1:2 Risk-Reward Ratio). Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $300 (previous resistance), then $260. The nearest Resistance Zone is $350.
Long
by altFINS