BNB macro analysis ⏰ binance coin 🪙Hello 👋 it's me your RAJ 🙂 professional trader ✨
This idea 💡
is completely my own analysis to explain situation _&_ market conditions of BINANCE coin 🪙
How this coin valid for long term 📌 including fud & news 🗞️ explained clearly 📌 #DYOR
Key 🗝️ points 👍
👉 here previous basic analysis on BINANCE:BNBUSDT clear observation chart 📉📈
👉 if highly impossible to break previous low 🔅 $183.4 🔅
👉 if low was broken 💔 😂 there was cme gap untill $35-50 so Max PPL think 💬
we will reach there 📌 it's highly impossible #IMO but if that happens I am ready with backup 💰
👉 I am not showing wyckoff theory in chart 📉📈 but I used it 👍 if any fud / bad news 🗞️ on
BINANCE:BNBUSD there will be spring bottom 🙂 $160 - $120 📌 i don't think it goes lower 😸 $100
👉 Don't compare this coin with $FTXUSD , binance coin will not reach $0 or below $40
👉 one most anticipated and active chain ⛓️ with more user's 🪙 BINANCE:BNBUSD binance coin 📍
👉 I belive in " CZ " and in his game 🎮 play ▶️ more than candles and other coins 😂
If he lose , everything in market going to lose 📌 bcs he bought those top 100 coins 🪙
👉 More points 👍 will be added in upcoming updates down 👇 this article 🧾 follow idea 💡
👀 Falling widge pattern
👀 5.5 year's trend 📈 line -> resistance will turn into support now 📌
👀 wyckoff theory 📍 1w time frame ⏰
👀 Completing bearish 🐻 wave 🔠 ( a , b , c , d & e )
👀 Oder block + high supply zone at $560 - $600
👆 so far found technical analysis #TA on BINANCE coin 🪙 BINANCE:BNBUSD
Here my accumulation phase 📍 BUYING 80% LIQUID 💰 + 20% backup liquid 💰
Phase 1 -> $200 - $180 ( 40% - 200/180 )
Phase 2 -> $120 - $150 ( 40% - 120/150 )
Here my distribution zone 📌 SELLING
🎯 :: 400
🎯 :: 560
🎯 :: 1100
🎯 :: 1500
Actually I am expecting even more 😅 but i will update you based on bottom 😉
▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌
Note 👀
👉 keeping comments , reacting with emojis , pointing us is very easy to some people
They think 💬 what they see 📌 that was knowledge 📌
We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important
Economical conditions
Fundamentals
Technical
News
Sentiments
Checking macro to micro having good plan and build it is very important ☺️
Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛
I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post
Try to understand, try to learn - try to move with flexibility with market is important
Have good day 😊
🧵👉
J-BNB
TradeCityPro | BNB : Approaching Key Resistance Levels👋 Welcome to TradeCityPro!
In this analysis, we will examine the price action of BNB, the native token of Binance, the largest cryptocurrency exchange in the world.
⏳ Weekly Timeframe: Testing All-Time High Resistance
On the weekly chart, BNB has been consolidating in a range between $492 and $660 after a strong bullish leg from the $210 support level to its ATH. Currently, the price is near the top of this range, and the increased trading volume at this level suggests a high likelihood of breaking through the $660 resistance.
✨ A breakout above the 62.26 level on the RSI would make this resistance easier to overcome. If the price successfully breaks above $660, the next targets based on Fibonacci extensions are $1043 and $1644. These levels are highly plausible if the RSI enters the Overbought Zone.
🔽 In case of a pullback, the first support level is the bottom of the box at $492, followed by deeper support at $348. As long as the price remains above $348, the overall trend remains bullish. A break below the 50 RSI level, however, could indicate a loss of bullish momentum.
📅 Daily Timeframe: Parabolic Uptrend
On the daily chart, the price is in a parabolic uptrend, originating from the $469.65 support level. The price has tested this trendline four times and is currently facing resistance at $660.72. Beneath the price, strong support exists at $606.70, where the market has been consolidating for several days.
🔼 If $660 is broken, the first resistance to watch is at $711, which will serve as the initial target for the upward movement.
📉 In the bearish scenario, if the parabolic trendline and the $606.70 support are broken, the first support level to monitor is $538, followed by deeper support at $469, the bottom of the weekly range. Currently, bullish volume exceeds bearish volume, suggesting a higher probability of breaking through $660 unless significant selling pressure enters the market.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Is there any hope for investors in BNB?
In the higher time frames (daily, weekly and monthly), if we look closely, the price is suffering in a range that is constantly getting narrower. Of course, in recent weeks (due to the strong upward wave that has existed in the entire market), the tendency of these sufferings has been upward and in general, it can be said that the buyer has acted stronger than the seller.
If we look closely at the 4-hour timeframe, the price range is clearly defined in the past 24 days. Of course, it is slightly inclined upwards.
In general, in terms of probabilities, a strong breakout to the upside (the price can stabilize above $680) can increase the likelihood of a significant growth.
But the significant point that cannot be ignored is why, in a market where all high-potential cryptocurrencies are growing and have broken new resistances, this cryptocurrency has not been able to reject its main resistance so far?? The growth of this cryptocurrency so far (in the upward trend) is not really interesting compared to its good competitors. We can say that this cryptocurrency has been the loser in the upward competition between high-potential currencies so far. This worries me about the future of this symbol.
Conclusion
If I were to make a complete and actionable conclusion, I think that if the price breaks and stabilizes above the drawn area, we can expect a minimum growth of this symbol to the $900-$1000 area. However, based on the fundamental studies I have done and the analysis that exists in the crypto community regarding the foundation and future of this symbol, I do not think it is an ideal symbol for long-term holding and I think there are much better options to choose from.
BNB ANALYSISThe chart indicates an expectation of a short-term downward movement toward the $637 range, where buyers are likely to step in. The $637 to $620 zone is considered low-risk. The target profit is set at the $676 liquidity area; however, further growth beyond this level is anticipated, and the analysis will be updated accordingly.
This analysis is brought to you by the FXonbit Traders Team
Binance BNB December Bullish SeasonalityBNB has been a great buy in
Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2023
With exception of 2022, BNB always has been a great buy in December. Moreover 25% of BNB tokens have been burned, and 25% are locked in liquidity pools. 25% are held by diamond hands. So only 25% is available for trading. Weekly RSI in BINANCE:BNBBTC is extremely bearish making it a great contrarian buy.
TWT will be next 10-100x bull run Breaking above red box no new low 🔅 stright forward 4-6x
Below always chance to complete $0.5 below 📍
Return to $5-8 it's 10x
Based on move we can decide will it beat 100x or settle with in 10x
U need to know project things 😉 it's always different direction in Crypto 🔮
Last bear run it completed bull run top 🔝
$50-200 possible i don't know if target reach fast 😹 i will update here 🙂
BNB AT MONTHLY RESISTACE!! BREAKOUT COULD BE MASSIVE!!Technical Analysis: #Binance (monthly update):
BNB looks too bullish in monthly time frame.
Everything explains in chart above.
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Binance Coin BNB Skyrexio Overview: Bull Market Is Almost OverHello, Skyrexians!
BINANCE:BNBUSDT is one of the strongest crypto assets on this bull run. Stronger even than Solana! It has printed the ATH with the Bitcoin while most of the crypto set the new bear market bottom. This early growth has the consequences, while most of crypto has just started their way to big gains, Binance Coin has the very restricted potential for further growth.
Let's take a look at the weekly time frame. Bull market has started suddenly with two green dots on Bullish/Bearish Reversal Bar Indicator which were very strong long signals. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView. After that we have seen the impulsive wave to the upside.
Almost at the top indicator has printed red dot, first bearish sign of weakness. But don't worry, according to Elliott Waves theory this is just wave 3 top. After that we have seen the wave 4 correction to 0.61 Fibonacci retracement exactly! Now BNB is printing wave 5 which has the target area between $725 and $900. There we expect another red dot to make a decision that bull market is likely over.
Best regards,
Skyrexio Team
___________________________________________________________
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Thena ($THE): A Rising Star in BNB Chain's DeFi EcosystemIn the dynamic world of decentralized finance (DeFi), Thena ( TSX:THE ) has emerged as a notable player on the BNB Chain, showcasing remarkable growth and innovation. With a recent surge that has seen its value increase by approximately 1774% over the past week, Thena is not just a token to watch but a case study in the power of well-executed DeFi strategies and market dynamics.
Innovative Liquidity Model
Thena introduces the ve(3,3) model, a novel approach within its Liquidity Marketplace, allowing DeFi protocols to influence liquidity through voting on reward distributions. This system incentivizes liquidity providers by enabling them to earn TSX:THE tokens, thereby fostering a healthier liquidity environment. This strategic use of tokenomics has been pivotal in attracting significant Total Value Locked (TVL) to the platform. (www.dai.com)
Strategic Positioning
Positioned as the native liquidity layer for the BNB Chain, Thena is not just a DEX but a fundamental infrastructure provider. Its integration with major DeFi activities and its offerings of both spot and perpetual trading options have made it an essential part of the ecosystem. This broad scope enhances its utility and relevance in the market, potentially leading to sustained growth if the BNB Chain continues to expand.
Market Sentiment and Airdrop Impact
Recent listings on major exchanges like Binance have significantly boosted TSX:THE 's visibility and market cap. The enthusiasm was further amplified by an airdrop event for BNB holders, which not only increased its circulation but also community engagement. The market's reaction was immediate, with a price surge reflecting strong investor interest and speculative buying driven by these developments.
Technical Analysis
Thena's price has experienced an unprecedented rise, with a 24-hour increase of 37.68% and a weekly surge of 1774%. This makes TSX:THE the standout performer in the crypto landscape over this period. The coin's current market cap stands at $275,197,639 USD, with a circulating supply of 78,124,682 THE coins, indicating robust market participation.
With an RSI (Relative Strength Index) of 77 it suggests that Thena might be in overbought territory, hinting at a possible near-term correction. Investors should be cautious as this indicator often precedes a price retreat, providing a potential entry point for those who missed the initial surge.
Volume and Market Dynamics
With a 24-hour trading volume of over $2 billion, Thena's liquidity and market interest are undeniable. Such volume supports the price action and indicates strong trader engagement, which is critical for maintaining price levels and reducing volatility spikes
Investment Considerations
The innovative liquidity management strategies and its integral role in the BNB Chain ecosystem provide Thena with a strong foundation for growth. For investors looking at long-term potential, these fundamentals suggest a platform with significant utility and staying power.
The current hype and price momentum could lead to further partnerships and integrations, enhancing Thena's offerings and increasing its adoption rate.
Risks:
The high RSI indicates immediate risk of a correction, which could be sharp given the recent rapid ascent. also, the crypto market's volatility means that even fundamentally strong projects can experience significant price drops due to broader market sentiment or regulatory news.
The competition within the DeFi space on BNB Chain is fierce, and sustaining growth amidst new entrants will require continuous innovation and community engagement.
Conclusion
With all cryptocurrencies, potential investors should approach with caution, considering both the technical indicators suggesting a potential correction and the fundamental strengths that could lead to long-term value creation. As the market evolves, keeping an eye on how Thena adapts to changing conditions will be key for those looking to leverage its current momentum.
BNB/USDT CHART ANALIYSIS !!The BNB/USDT daily chart indicates a potential bullish breakout scenario, as the price consolidates within a symmetrical triangle.
The price is approaching the top of the triangle, indicating a potential breakout soon.
The current support zone lies around $600, which is aligned with the lower trendline of the triangle.
The immediate resistance lies at $645, which is near the upper boundary of the triangle.
A breakout above $645 could target the higher levels of $700-$750.
BNB is trading above the cloud, which indicates bullish momentum.
The cloud acts as a dynamic support around $580-$600.
Strong support exists at $600, reinforced by the horizontal zone and the lower triangle boundary.
A breakdown below $580 could invalidate the bullish setup, with potential support lying at $540.
An upward breakout could see BNB target $780 and beyond.
A downward move could revisit the $540-$550 range.
Watch out for a confirmed breakout above $645 for a long position.
Watch out for a breakout below $580, which could turn the momentum bearish.
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
Crazy BNB Forecast!! - $72,000 - PSYCHO MODE - on weekly chart, we see a large bullish triangle. Breakout range of this triangle is around USD 72,000 per piece.
Forecast seems crazy, but assuming an optimistic scenario for cryptocurrency market and BTC rate, which will break level of $100,000 for good, it may trigger a psycho mode on stock exchanges and mass logging in of new users.
Binance is largest cryptocurrency exchange - it has its BNB token, which has a unique tokenomics and is constantly mined.
Additionally, it significantly reduces exchange fees.
Cryptocurrency market is crazy and this scenario can be related too.
Good Luck :)
ALT SENSATIONAL Everyone is watching this 60% level on CRYPTOCAP:BTC.D for the potential reversal from bitcoin dominance into alts. And I agree based on the order block and golden zone confluence.
The next step I take if I believe an alt season is soon, which is around the corner sooner than one would think, is to hawk the btc and ratio pair charts.
Here are a few that have piqued my interest as of now. This does not mean they immediately pump but rather offer some decent risk reward trade opportunities. I have no idea if these are the generational bottom but frankly they could be.
MEXC:TAOUSDT TAO
BINANCE:BNBUSDT BNB
OKX:OPUSDT OP
BINANCE:NEARUSDT NEAR
BINANCE:AVAXUSDT AVAX
BINANCE:JUPUSDT JUP
CRYPTO:WIFUSD WIF
- Robinhood + Coinbase wombo combo listing
Always be pitting your favorite altcoin vs btc or vs the native chain token the coin is on. Like PEPEETH or BONKSOL etc.
Oftentimes the true bottom or the major turning points present themselves once the ratio pair charts begin to reach key levels of support or resistance. Study and track diligently.
Some alts have already had an initial push up probably taking out some short liquidations. The key is looking for the laggards and the bull divergences.
BNB will soon head to the moonThis analysis is an update of the analysis you see in the "Related publications" section
It seems a large triangle is nearing completion. If wave E reaches the green zone, it will be the best investment opportunity.
The target could be 4K and 9K.
Closing a weekly candle below the invalidation level would invalidate this view.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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 !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️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