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BNBBTC

BNB/USD - Wedge breakout! Can BNB sustain it?Binance Coin just broke out of this wedge in blue and now price is hovering just above the resistance turned support. If we have continuation and BTC/ETH don't tank, then I can totally see BNB pumping some more in the next few days up to around $450 in the best case scenario. The Daily indicators are curving up, therefore I'd not be surprised to have a nice little rally once this move is confirmed. Medium term, BNB will continue to bounce around our major support and resistance. Don't see BNB breaking either of these unless the market leaders BTC/ETH have a breakout as well. You could consider a long entry if we have continuation. If we're rejected then wait to hit support before buying. Like and follow if you liked this idea!
Long
by DU09
3
BNB Analysis | Short TermHi Guys 🍀 Binance Coin got help from the support area and the massive amount of demands caused a breakout. This resistance we are testing now can be a key resistance. After that we have one other resistance level which can be our next stop after we break this one. And the blue supports that you see are very strong because after a confirmation they can turn into the main key support levels. Now that we are close to resistance the market is showing sell signals. So be careful and don't FOMO buy. Tell me if this chart helped you Don't forget to hit like and drop comments 💚
by EmilyProject
Is it over for BNB?In my opinion probably yes. I do believe Binance has done many things wrong over the years, especially in the US... so the hammer is coming for them too. They played games, they made tons of money... but in the end regulators will go after them for a million different reasons. Of course it will be mostly about control over the industry, but no matter whether I agree with it or not, it is coming. Binance will survive, but it is taking multiple hits over and over again. Overall exchange tokens went up a lot prior to the regulators stepping in, so it big dumps are easier. The market was already reversing and we are seeing some of that money flow into DeFi. Of course in the short term both will get hit, but DeFi has a much stronger case for it to be made. BNB could be classified as a security, their ICO could be deemed 'inappropriate' and the Binance chain not decentralized enough. We already see many users being forced to leave the platform from many different countries. They are the largest, and so they are the biggest and easiest target out there. BNBUSD and BNBBTC have definitely gotten them memo and they aren't looking all that great. To me there is no way back, but be aware for some scam rallies before going lower. That's why it is better to have a large stop loss than a small one. Any rally is to be shorted...
Short
by BitcoinMacro
BNB - when is the best time to buy 🤔❓❓Decided to analyze the global picture on the bnb chart. At the bottom, I noted a very strong liquidity zone. If the price comes to it, should expect a strong buyer reaction. This does not mean that the bnb will fall now. It could go up right now, but if that scenario happens, it would be the best opportunity to buy. 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
by Yuriy_Bishko
5
BNB/USD - A perfect bounce towards $450!😎Binance Coin has kissed our support showing it some much needed love before price bounced to perfection from this trend line which is based on the weekly timeframe. Now that the bounce is confirmed, it is important for this daily candle to close as a bullish engulfing one to give us more confidence in the bounce and push towards our resistance around $450. I don't exclude another bounce on this support, but this drop in price was quite sharp, so now that momentum has turned and the short term trend is positive, I can totally see up push higher instead without a re-test. The indicators are bullish and curving up, so buying this support was a great entry if you took it. 4h indicators are sexy with a bullish divergence and daily indicators want to curve up, but need more time. Buying here was a great risk/reward ratio. We could do with a bit more volume, but we got to be patient. For now my short term bias is bullish and we can re-assess once we hit our resistance. Like and follow if you liked this idea!
Long
by DU09
3
BNB Analysis | Short TermHi Guys 🍀 I'm Emily and this is my first analysis on TV, I hope you guys can use this. As we can see BNB is going sideways and we can see SELL signals. Check the MACD too and you can see that the market can see lower prices in short term. Blue lines show support and Red lines show resistance. So we have 2 supports and 1 resistance which can control the price to go sideways for a while until one of them breaks. So to wrap it up we can say that the price can go down until hitting a support in short term. Tell me if this chart helped you Don't forget to hit like and drop comments 💚
by EmilyProject
1
BNBUSDT , one of the favorite coin in cryptoHello guys According to the chart the trend in 4h time frame is downward trend we have 2 minor zone for the price that can reaction to it but i think it can break the (3) and can reach pullback to (2) then if it cant be support there it fall down to major support (5) and if it be happening the price can fall down of major support BUT ONLY WITH SHADOW NOT CLOSE CANDLE ( this happen only for stop huntering the orders ) and other senario for the price can break the (2) we after the pullback the price we can take long position and buy BNB until to reach next resistance (1) Attention guys the trend is downward trend and we only take position according to the trend ( low risk ) this is the hole analysis of now market we will update it in days later but dont forget put stop loss in every trade and TP If you have any question ask us Good Luck Abtin
Short
by Abtin00
BNB - when is the best time to buy 🤔❓❓In two of today's ideas, wrote about liquidations, and showed the best scenarios for buying from real-life examples in the past. If you are interested go to my page and take a look, it will be very useful, especially at this time. When is the best time to buy bnb? If the price makes a re-low several times and a trend line createsWrite 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, a breakdown of this trend line will be the best point to buy.
Long
by Yuriy_Bishko
10
BNB - when is the best time to buy?There is a lot riding on bitcoin in the market right now. Whether the market will go up or down remains to be seen. But the coin charts are now showing the formation of new uptrend structures. - A big drop - Liquidation - Accumulation - Compression - Higher lows The best entry point would be a continuation of squeezing, a break of a key level, a retest as support. 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, a breakdown of this trend line will be the best point to buy.
Long
by Yuriy_Bishko