BNBUSDT
BNB SWING LONG IDEA - ALTCOIN SEASON - BNB CHAINBNB is one of the most stable coins in the crypto market. With Binance officially backing it, BNB is relatively safer compared to other altcoins.
Technical Analysis: The price hit and wicked into the monthly demand zone during the August 5th dump, showing a strong rejection and initiating an upward trend. This move established a weekly demand zone by breaking the weekly structure, and as it did so, it created a daily demand zone, which is a significant area for me.
Currently, the price is back into the daily demand and has reached the optimal trade entry zone according to the Fibonacci levels. I anticipate an upward movement from here in the coming days.
Targets: The initial target is $613-$619, with potential to reach the all-time high at $722.
Note: Watch out for the U.S. Presidential Election, as it may cause volatility with long wicks that could stop out positions.
BNBUSD - Bull Run Getting StartedThe area line is the 200MA and price is currently poising itself above this line
This is similar to the last massive bull move in 2020, which similar points I have labelled in rectangle and circle.
I think we are yet to see the massive bull run move of this run.
As long as price stays above the white 200MA area line we are bullish.
Daily timeframe
The last bullish chance of BNB in mid-term !!The BNB is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
See my first analysis on BNB in 2020
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BNB on the Brink of a Major BreakoutBinance Coin (BNB/USDT) is approaching a key resistance zone in Blue at $605.5 to $618.5. It's tested this level multiple times, suggesting a possible breakout if it closes above. The target? Around $721.8, 16.54% . A rejection could lead to retesting lower support. Stay tuned
BNB is definitely on its way to $1000.BNB has been consolidating for around 250 days , which is a solid amount of time to build momentum for a breakout. It's almost certain that BNB will hit $1000 soon .
However, this prediction becomes invalid if the price breaks down below $500 with significant volume.
A good price range for accumulation is between $500–$650.
CRYPTO:BNBUSD
BNB: Ready for a New All-Time HighHello, traders,
I hope you’re all doing well. Today, let’s review the BNB chart in a 2-week timeframe.
On this higher timeframe, BNB is approaching the resistance trendline. With an all-time high of $721, the current price suggests the potential for a new record. BNB has consistently held its support trendline since its inception, and with the 21 EMA providing support, a breakout could happen at any time.
If we see a breakout and a close above the resistance, BNB is likely to enter a price discovery phase and aim for a new all-time high.
During this altseason, if BNB reaches $1,000, it will push its market cap to $144 billion, securing the No. 4 position and surpassing Solana.
Let’s aim for BNB to hit $1,000.
#BNB1000
Always conduct your own research and analysis before investing. This is not financial advice.
BNBUSD - Bull Trend Line IntactThe line in green is the bull trend line that has been maintained since inception
Right now price is looking to break towards a new ATH which is allowed with this trend line
A 1600% rise is a lot but that's how much it raised during the first run.
Similar positions in the green circles
Daily chart
Trading opportunity for BNBUSDTBased on technical factors there is a Buy position in :
📊 BNBUSDT
🔵 Buy Now
🪫Stop loss 592.00
🔋Target 1 660.00
🔋Target 2 715.00
🔋Target 3 800.00
💸RISK : 1%
We hope it is profitable for you ❤️
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#BNB 1H. Good resistance zoneAt the moment, the asset is in accumulation (sideways movement), where the price reacts to the support level each time. I expect a similar movement this time as well.
Locally, #BNB looks set to continue its growth, just like other altcoins, so personally, I continue to work from the buy side. I’ve illustrated the setup on the chart.
U.S.Dollar Chart Update !The US dollar recently broke above its descending triangle pattern and is testing a key horizontal supply zone. While it’s challenging this resistance, a potential pullback could still occur. The Ichimoku Cloud beneath provides strong support, reinforcing the bullish structure.
Given the dollar's inverse correlation with crypto, any decisive move could significantly impact broader market trends. Stay alert to shifts in momentum as they may signal changes in the crypto landscape.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
Compare BTC DOT ATOM It seems that Bitcoin has grown a lot compared to the currencies of Polkadat and Atom. Of course, it is not a correct comparison, but this shows that the way for Atom and Polkadat to move will be much smoother due to the developments that will happen in their networks.
Compare atom btc dotIt seems that Bitcoin has grown a lot compared to the currencies of Polkadat and Atom. Of course, it is not a correct comparison, but this shows that the way for Atom and Polkadat to move will be much smoother due to the developments that will happen in their networks.
Compare BTC , DOT, ATOMIt seems that Bitcoin has grown a lot compared to the currencies of Polkadat and Atom. Of course, it is not a correct comparison, but this shows that the way for Atom and Polkadat to move will be much smoother due to the developments that will happen in their networks.
BNB/USDT Chart Update !!BNB/USDT 1-day chart shows a bullish setup, showing the price breaking out of a descending triangle pattern, which is typically a continuation signal. Here is a breakdown of the analysis:
BNB has recently broken the descending trendline of the triangle, indicating a bullish trend continuation. As indicated by the green line, the next target appears to be around the $713 resistance level.
The 50-day (red) and 200-day (green) moving averages are both located below the current price, providing strong support levels if a pullback occurs. This setup is favorable for the continuation of the bullish momentum.
The downward-facing upward trendline indicates additional support, which could protect the price from significant declines and maintain the bullish structure.
This setup is favorable for a long position, with a target around $713 and a stop-loss below the breakout level to manage risk effectively. Keep an eye on potential pullbacks to the trendline or moving averages for re-entry points if the bullish momentum stalls.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
BNBUSDT ready to BREAKOUTThe market has been in consolidation phase.
Overall the market is puhsing higher.
The current consolidation is a just a bus stop before breakout.
BNB breakout 240 accumulation daysBNB / USDT
Binance coin is breaking out 240 days pf accumulation
This pattern looks very similar to BTC chart just before breakout and with CZ out of prison i think 50% up move is high potential
Note : must hold above my line
Best of wishes
If you have #BNB, this is for you :)There is an important zone in the range of $630-640 for #BNB that will be tested in the next few days, if this zone is broken. Then stabilizes, the price will be ready to break new highs like $800. In the area of $640, we will see the initial unloading of buyers and then the price drop, if the trend line remains on the valid form after this drop, the validity of the trend will be very high to break $640.
BNB ATH#BNB Analysis
Finally,
It brokeout the 5 month long resistance in one single green candle and reached $638.
Next target is ATH ($721.80).
Market goes Uptrend Market make double bottom pattern
Market move uptrend after breakout of rectangular pattern
Its clear sign of uptrend
BNB Price Eyes Major Rally as Binance OI Hits Record $8.3 BlnBinance Coin ( CRYPTOCAP:BNB ) is in the spotlight as Binance's open interest in crypto derivatives surges to an all-time high, hinting at a significant rally for the native exchange token. With open interest reaching $8.3 billion, the crypto world is abuzz with speculation over whether CRYPTOCAP:BNB will capitalize on this momentum and break through key resistance levels. Here's an in-depth look at the technical and fundamental elements driving BNB's market action.
Binance Dominates Crypto Derivatives Market
The latest on-chain data from CryptoQuant reveals a remarkable milestone for Binance, as the exchange's open interest in crypto derivatives surged by 10.24% in just 24 hours, hitting a record $8.3 billion. This figure not only highlights the exchange's growing influence but also underscores Binance's 35% share of the global open interest in crypto futures, solidifying its dominance in the market.
This uptick comes at a time of heightened market activity, following Bitcoin's historic rise to $74,000 after Donald Trump’s U.S. presidential election win. The ripple effect of Bitcoin’s upward momentum has impacted the entire crypto market, with liquidations of short positions amounting to over $370 million. Total liquidations reached approximately $580 million, underscoring the bullish sentiment that has fueled trading interest across various exchanges.
Binance’s open interest dominance is a crucial indicator of market sentiment, signaling that the exchange continues to play a pivotal role in shaping broader crypto market trends. The increased interest in Binance's derivatives platform could drive higher trading volumes and, consequently, more significant price action for BNB.
BNB Price Prediction
From a technical standpoint, CRYPTOCAP:BNB appears well-positioned for further gains. The token has experienced a 2.6% price increase over the past 24 hours, climbing to $583. Trading volume also surged by an impressive 46.55%, totaling $2.26 billion, while BNB’s market cap rose to $84.12 billion. The combination of increased trading activity and a favorable technical setup points to a potential bullish continuation.
Key chart patterns are bolstering the optimistic outlook for BNB. Analysts have identified a cup and handle formation, a classic technical indicator that often signals a bullish breakout. If CRYPTOCAP:BNB successfully breaks out of this pattern, it could aim for the resistance level at $700—a crucial price point that, if surpassed, may open the door for even higher targets.
Additionally, CRYPTOCAP:BNB recently broke out of a falling wedge pattern that lasted over five days, further reinforcing the bullish narrative. The token has rebounded from this consolidation phase and is showing signs of strength. As of now, CRYPTOCAP:BNB is trading up 4.11% and has established a bullish continuation pattern. The Relative Strength Index (RSI) stands at 55, indicating that CRYPTOCAP:BNB is neither overbought nor oversold, leaving ample room for upward movement.
Resistance and Support Levels to Watch
For traders and investors, key resistance and support levels will be crucial in determining BNB’s next moves. The first significant resistance sits around $613, the one-month high that CRYPTOCAP:BNB previously touched. Breaking this level could pave the way for a push toward the $700 resistance. On the downside, traders should keep an eye on the $550 support level, which, if breached, could signal a temporary pullback.
Broader Market Sentiment
BNB’s price action is not happening in isolation. The broader market sentiment, driven by Bitcoin's historic highs, has also played a role in shaping expectations for $BNB. The recent surge in Bitcoin led to a wave of short liquidations, wiping out over $370 million across exchanges. This liquidation cascade contributed to a more bullish environment, benefiting altcoins like $BNB.
Moreover, the aggregated open interest across all major futures exchanges has hit $23.3 billion, reflecting the strong market enthusiasm. This level of activity suggests that traders are positioning themselves for significant price moves, adding to the anticipation surrounding BNB’s potential breakout.
Conclusion
BNB's price outlook is undeniably bullish, backed by strong fundamental indicators and promising technical patterns. Binance's record-breaking open interest underscores the exchange's market influence, while the cup and handle and falling wedge breakouts point to further upward momentum. With Bitcoin’s rally and overall market optimism supporting BNB’s rise, the native token is poised to test higher resistance levels.
As CRYPTOCAP:BNB eyes a potential breakout to $700, market participants should remain vigilant, watching both the support at $550 and the key resistance levels. Whether CRYPTOCAP:BNB can sustain this momentum and continue its ascent will depend on how the broader market dynamics unfold, but for now, the sentiment remains overwhelmingly positive.
BNB holders, get ready—this rally could be just getting started!
BNBUSDT todayBNBUSDT is currently trading around $561.56, and it remains within a descending channel, showing clear bearish sentiment. However, a short-term rebound may be on the horizon as the price has reached a key support zone around $550, which could trigger a temporary upward movement.
The chart indicates a potential bounce towards the resistance area around $578.63. If this level holds, it would provide a good opportunity for sellers to re-enter, possibly driving the price back down toward the channel's lower boundary.
BNBUSDT: Potential Downside Direction Ahead !In today's trading session, BNBUSDT is facing clear bearish pressure after breaking the important support zone around $573. The EMA 34 and EMA 89 show that the downtrend is strengthening, and the price has now continued to fall to the $560 area, below the important moving averages, marking a weak signal in the short term.
It is expected that BNBUSDT may continue to correct to the next support levels at $548 and $534 if the selling pressure does not decrease. Moreover, if there is no support signal from positive news or strong price action bounce from the support zone, BNB is likely to fall deeper in the coming period.
