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BNB

ARB/USDT: Past Prediction Correct, Next Bull Run Target $10 Sure, here is the technical analysis of ARB/USDT in a more professional report format: Current Price: $1.20 Previous Analysis: In a previous analysis, CryptoPatel predicted that ARB/USDT would dump from $1.50 to $0.90. This prediction was correct. Current Resistance Level: $1.25 Expected Price Movement: CryptoPatel expects ARB/USDT to break the $1.25 resistance level and test the $1.43 resistance level. However, they also expect ARB/USDT to be rejected from the $1.43 level and fall back to the $0.7-$0.5 range. This range would be a good accumulation zone for long-term investors. Next Bull Run: CryptoPatel expects ARB/USDT to reach a minimum of $10 in the next bull run. Key Support and Resistance Levels: Support: $1.07/$0.77 Resistance: $1.25/$1.43 Overall Outlook: CryptoPatel believes that ARB/USDT is currently in a downtrend and is expected to continue to fall in the short term. However, they also believe that ARB/USDT is a good long-term investment and could reach a minimum of $10 in the next bull run. Follow us for more Quality analysis Chart.
Long
by CryptoPatel
Possible local bottom for BNB after numerous regulation FUD?On the daily timeframe BNBUSDT seems to be in a nice position to turn bullish. • First of all, if we look at the BRS (the green/blue bands close to the price), BNBUSDT moves in the bullish range for the last two weeks. • Furthermore, we are close to a vital level confirmed by a support zone around the $200-$220 price level which is also its 52-week all-time-low level as shown by the green doted line from the BPI. • Looking at the oscillator, the Blockunity Strength Oscillator (BSO) indicates that the Confirmed Reversal Indicator (CRI) is oversold, as well as the Parabolic RSI (PRSI). Both are under their lower barriers. The signals re-entering their boundaries could trigger a strong bullish signal. So we would advice to closely look at the price action of the BNBUSDT asset, while keeping in mind the news regarding Binance and their regulatory issues which could trigger violent moves in both directions. What are your opinions? Do you see theses levels as a good entry point to trade BNB? Let us know in the comments!
Long
by Blockunity
2
Range-Bound Trend and Support Levels AnalysisDuring the previous week, the BNB cryptocurrency experienced a consistent sideways movement accompanied by low trading volume. The currency's trend can be observed within a range channel on the weekly chart, while it has declined on a daily basis due to the formation of lower resistance and support levels. Binance Coin currently has two significant support levels. The first support has been present on the chart for an extended period, ranging between $200 and $215. The second support, intended for scenarios with increased selling pressure, is located within the price range of $190 to $195. It is anticipated that the forthcoming days may reveal signs of a trend change near these support levels. Consequently, the price level of $200 holds potential as a favorable demand zone for Binance Coin. In the short term, given the limited demand, there is an expectation for the previous support level at $220 to be breached.
by MonoCoinSignal
11
Binance Coin BNBUSDT Price Analysis (w)Introducing the weekly chart of Binance Coin for our dear community! In 2018, the price of BNB found strong support at the $8 level, resulting in a sideways movement throughout the year. Similarly, we are currently witnessing a significant support level at $220, accompanied by a similar pattern and movement reminiscent of 2018. Based on this observation, our analysis suggests a potential drop in price towards the range of $115-120, aligned with the rising support line visible on the chart. However, the future movement of BNB remains uncertain. It is worth noting that historical performance shows that BNB has not only reached its previous all-time high (ATH), but has also broken it, setting a new ATH in May 2021. This suggests the possibility of further price advancements. Stay tuned for further updates on our analysis of BNB. Thank you for your attention.
by Vestinda
Fire Sale on BNBOn the 4H TF we can see a Head and Shoulders pattern. The target of this H&S is the 223 USD support level. IF the 220 – 223 USD level doesn’t hold, next support levels are: • 205 USD • 182 USD Be sure to take advantage of this opportunity. I am still not posting a trade. I need more clarity. However, if you are a holder, I think that buying spot BNB at these prices is a golden opportunity to DCA. Start at 223 USD and increase position size if it dips further. NFA What do you think? Please share in the comments. Best wishes to all.
BINANCE:BNBUSD.PLong
by NewThoughtCrypto
Crypto capitulation eventThis is the capitulation event for crypto that I was waiting for. My previous Bitcoin idea and target are still valid, anyone long right now is going to get wiped out by the crash of Binance coin. I’m currently short. I also shorted Bitcoin and sold most of my alts here. If wrong then I will buy back higher on bullish structures. Even with the massive pump Bitcoin had here, Binance coin wasn’t able to invalidate the bearish structure. Absolutely terrible performance. Binance is still being sued, BNB is being artificially pumped by “someone’s” creative syphoning of client money. “Allegedly”. This pump was extremely profitable for me on my alts, an absolute lifesaver of a hedge. Sold most, will use profits to buy lower.
BINANCE:BNBUSDShort
by JaimeDeRothschild
BNB: Approaching ResistanceBinance (BNB) technical analysis: Trade setup : Bearish breakout from Rising Wedge pattern and below 200-day moving average (~$300) signaled bearish trend reversal to downtrend. Then it got very oversold (RSI < 20) near $225 support and bounced up to $260 resistance where it got rejected so far. Now we wait for price to dip back near that $225 support for another swing trade. It’s a higher risk swing trade setup since overall trend is down. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). Support and Resistance : Nearest Support Zone is $220. The nearest Resistance Zone is $260 (previous support), then $300
Long
by altFINS
BNB/USDT 4H Interval ReviewHello everyone, let's look at the BNB to USDT chart on a 4-hour timeframe. As you can see, the price is above the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $240.3, if the support is broken then the next support is $237.8, $235.7 and $233.6. Now let's move on to the resistance line, as you can see the first resistance the price is fighting is $243.8, if it manages to break it, the next resistance will be $246.4, $248.6 and $250.8. Looking at the CHOP indicator, we see that there is still energy for the move, the MACD remains in a downtrend, while the RSI is in the middle of the range, which may indicate a temporary sideways trend.
by cryptodailyuk
BNB LTF Analysis – 23.06.2023 Yesterday, on June 22nd, BNB failed to break the resistance of 21D EMA and the upper boundary of the Ascending Triangle. Consequently, it also lost the triangle’s upward sloping trendline. During the Asian session BNB tested the diagonal line resistance. I am in no way bearish about BNB, but I think that BNB will go a bit lower before it tries for higher. These are my reasons: Bearish Momentum: BNB is below the 21D & 50D EMAs. As long as BNB is below these EMAs the bearish pressure is pushing price down. A break below a diagonal support is usually a sign of weakness. I don’t advocate for trading correlations , but I don’t ignore them either. BTC is looking top heavy, and I expect it to pull back to the 28K level. IMO, BNB in its current state cannot overcome such headwinds. Lastly, Today is Friday , I expect many long traders to cash in on their longs and retire for the weekend. If this happens, the bearish pressure all over the market will increase and BNB will suffer. The first sign of a recovery is if BNB reclaims the trendline. If BNB reclaims the trendline and pushes up, the bullish case for BNB will become stronger. Support Levels: BNB can reverse. BNB is a strong asset with substantial upside potential. As long as the uptrend in the general crypto market holds, I do not expect BNB to drop below the 220 USD Level. However, if BNB does drop to the 180 USD level, I will go balls deep into BNB spot. IMO, this is the best asset in the Altcoin category. 238 USD (low confidence) 231 USD (medium confidence) 220 USD (high confidence)
BINANCE:BNBUSD.P
by NewThoughtCrypto
2
Bitcoin - the perfect working out of the downward channel!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Another formation that I talked about a couple of days ago before this powerful run, the “down channel” is another pattern that constantly works out on higher timeframes. Technical: We didn't confirm the bottom of the pattern at $24,300 but we had confirmation on the falling wedge which I also wrote about in my feed. The exit from the channel turned out to be perfect, you can see the chart for yourself) At the moment we have support in the range of $28,350 (+ -) as I said earlier that after such a strong momentum we should expect the price to pull back. If the support fails, then the next support level will be $27,350-$27,500, a strong mirror level. At the moment, I locally expect the continuation of the upward movement and, as you already understood, this may happen through a slight decrease (not a signal to go short!) and we will stretch the global 0.5 Fibonacci.
BINANCE:BTCUSD.PShort
by DanilBlinkov
1
Bitcoin - The Perfect Wedge WorkoutHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ Friends, I still waited for the cherished $30,000, the take-off for someone may have been unexpected, but I wrote about it for a month and gradually averaged the LONG position. Technical: bitcoin broke through the $27,350 resistance (upper part of the wedge) and we saw a sharp rise in price to the $30,000-30,500 zone, the perfect wedge working out. take note for yourself of similar patterns in trading, they help to understand the development of levels well. I fixed 80% of my position and managed to withdraw 51% of the deposit with 3X leverage. I think this is not a bad result of a positional trade. I will leave the remaining 20% until a possible test of the $31,500-$32,650 zone, the stop put in plus at $27,350. Thoughts so far are: it is definitely worth waiting for a rollback, perhaps even by 1000-1500 points (not a signal to go short!) After such a strong growth. At the moment, the $28,350 zone does not look like a bad support from the technical side, perhaps the reaction of the buyer above the previous $30,990 High will come from there.
Short
by DanilBlinkov
BNB LTF Long Trade BNB broke out of the Ascending Triangle to the upside. It is currently testing the 253 USD level for support. If BNB manages to flip 253 to support, it is a long trade, IMO. If BNB doesn’t manage to break out, I think we will go lower to around 246 USD and try again from there. If it breaks down from the triangle, I will reassess the situation. Read my previous BNB ideas for more context. NFA What do you think? Please share in the comments. Best wishes to all.
BINANCE:BNBUSD.PLong
by NewThoughtCrypto
BNB/USDT 1DInterval ReviewHello everyone, welcome to the BNB review on a one-day interval. As we can see, the price left the bottom of the uptrend channel marked with blue lines, what's more, leaving the channel downwards also gave a drop below the EMA Cross 20o and thus a return to a strong downtrend. Let's start by marking the support spots for the price and we can see that first we have a very strong support zone from $240 to $210 which is currently holding the price, however if the price goes lower we can see a drop to around $172. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is currently fighting the first resistance at $251, the second resistance is at $270, the third is at $286, and further we have a very strong resistance zone from $301 to $323. The CHOP index indicates that the energy is gaining more and more strength, the MACD indicates a return to an uptrend, while the RSI had a strong rebound and now we can see a rebound, but also that there is plenty of room for the price to continue to grow.
by cryptodailyuk
BNB LTF Analysis BNB is moving in an Ascending Triangle. BNB managed to get above the 21 & 50 EMAs on the 4H. The area between 253 – 267 is strong resistance. Above 267, the risk of a breakdown is much reduced. IF BNB fails to break through resistance the next supports are: 238 USD. 231 USD. 220 USD. In my opinion, BNB’s outlook is positive, and I do not think it is likely to drop below the 220$ level. NFA. What do you think? Please share in the comments. Best wishes to all.
BINANCE:BNBUSD.PLong
by NewThoughtCrypto
Bitcoin - Downward Channel Breakout Coming Soon! This is growth!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Friends, let's go over bitcoin from the technical side again. I previously shared this channel when the price was flying to confirm it from below, but it never happened. But we have confirmed another pattern - "Bull Wedge". You can also find it in the feed. So, if we talk about the downward channel that we see on the chart, then it is likely that this week we will be able to confirm the upper boundary of the formation and even go beyond this channel. This could trigger a rally and a breakdown of resistance at $27,500 and above! There is also another scenario. If you look at the last three daily candles, which I have underlined with a black line, then you can consider them as temporary support. We are now seeing a small bounce off the $27,160 level, which could take us back to the temporary support zone in the $26,250-$26,300 range.
BITSTAMP:BTCUSDLong
by DanilBlinkov
BNB - trend line test as a support level.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ A small update to the BNB chart on an older timeframe. The technical asset continues to stand at the global support level, from where there is no big reaction of the buyer and seller yet. Although bitcoin has already bounced off and showed an increase of a couple of thousand points, altcoins have not changed much yet. So, what am I talking about, on the chart we can observe the global countertrend line, which currently acts as a support level on the weekly TF. Another setup for BNB to bounce back and go above $300.
Long
by DanilBlinkov
1