BNB Price Prediction Last Few Days BNB Close their Price near 635 usdt and Around. Current Price is 591 USDT. EMA 200 line is Very Close to the price Line. Histagram is Signal Red. Price Will be Move Around 550 to 650 USDT.
BNBUSDT.P trade ideas
Binance Coin can break resistance level, and continue to growHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some time ago rebounded from the support level, which coincided with the buyer zone and started to grow, but soon price made a correction to this level, after which BNB continued to move up. Soon, the price turned around and made a fake breakout of the 402 level and then it turned around and started to grow in an upward channel, where BNB soon broke the 402 level one more time and then continued to grow. In the channel, the price rose to the resistance level, which coincided with the seller zone and even broke this level, after which it reached the resistance line of the channel, thereby exiting from the seller zone also. But soon, BNB turned around from this line and in a short time declined to support line of upward channel, breaking the 586 level. At the moment, Binance Coin trades near this line, and in my opinion, BNB can rebound up from the support line to the seller zone, thereby breaking the resistance level. After this, Binance Coin can make a retest and then continue to grow in an upward channel, therefore I set my target at the 645 level. Please share this idea with your friends and click Boost 🚀
BNB | Binance will not allow her own token to fail.Actually, I have done a previous analysis of the BNB chart when we were trading around the 230 area.
On that day, I wrote verbatim that we are at a crossroads, and I wondered a legitimate question: Is it too big to fail, or is too weak to survive.
Over time, we discovered that it was too big to fail.
Now we are facing a new crossroads. Will Binance continue to support its own token, or will it allow selling bears to skin BNB alive.
Recently, we noticed that its support for its own token is derived through the introduction of new projects in it's own launchapd.
Regardless of my vision of these projects and the extent of their importance or the addition they may provide to the industry, the reality imposed on us is that Binance’s introduction of these projects supports its own currency very significantly.
In all cases, and far from any side disputes, I expect further rises in the BNB price, but due to the instability conditions expected to occur during the coming days, especially with the news circulating about Bitcoin, I strongly suggest to DCA your entry at least twice.
Here is the final setup info
Entry 1 : 303
Entry 2 : 277.78
Average entry : 290.39
Stop : 254.1
TP1 : 337.5
TP2 : 370.7
Final setup target : 455
Goodluck.
BNB _ Perfect rise with Oi increaseThe coin did perfectly rise with many Oi increase
i think soon they can create a range of when they would start taking SL
In a video, i share my thoughts about BNB and new trade ideas
The key is whether the reported price (ATH) can be renewedHello traders!
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(BNBUSDT 1M chart)
It has risen above 533.9 and continues to rise to renew the new high (ATH).
Accordingly, the key is whether it can rise above 1 (730.5).
If not, and it falls, you should check if it is supported around 533.9.
(1W chart)
I believe that the 573.0-649.5 section corresponds to the psychological volume profile section.
Accordingly, the key is whether the price can be maintained by rising above 649.5.
(1D chart)
If the price maintains above 573.0-649.5, it is expected to rise above 730.5.
If it falls,
1st: 522.0
2nd: 427.2
You need to check if you receive support near the 1st and 2nd levels above.
If the price holds above Fibonacci 1 (730.5), the next target is expected to be 1.618 (1057.2).
It may swing up and down to rise to around 1057.2, but I think it is highly likely that it will eventually touch it.
BNB is one of the coins whose circulation volume is reduced through periodic buybacks.
Therefore, I think it is a coin that can be used for mid- to long-term investment.
These mid- to long-term investment coins can be purchased at a low price and held as is.
However, if possible, when a large upward trend appears to be coming to an end, I think it is a good idea to increase the number of coins corresponding to profit by selling only an amount equivalent to the purchase principal.
If you sell the amount of the purchase principal, the average purchase price of the remaining coins is 0, so there is no risk of long-term holding.
Therefore, purchase principal * 1.1 = amount to sell
(Example) If you multiply the purchase principal by 1.1, you will sell 10% more of the purchase principal.
As above, it is recommended to multiply it by about 1.1 and cash out more than the purchase principal.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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$BNB: $720 United States dollars for BNBBinance is one of the exchanges with the most amount of volume. Bull market, volume, $BNB. Those are the only words you need to see.
BNB UPdateBNB - Target = 580 (was given long time ago) got hit! Finally.
Congrats!
Now 640 area is ahead.
Good Luck!
BNB - Maybe is a good play!Attention: This is a mid-term technical analysis.
Support area: 183 to 209 Dollars
First resistance: 270 Dollars
First target: 300 to 305 Dollars
Good luck!
BNBUSDT | ABC Pattern - Pullback Entry & Target Mega BullflagA bullish scenario for long-term view after a confirmed descending triangle breakout with a potential pullback entry position targeting ABC pattern at 100% - 161.8% Fib extension upper resistance of the mega bull flag.
S1/S2: pullback descending triangle support / ema20w zone
T1: 100% fib extension +50%
T2: 161.8% +90%
Indicator: RSI week - tapping into OB area with no sign of bearish divergence.
HelenP. I BNB can rebound up from trend line and then fallHi folks today I'm prepared for you Binance Coin analytics. Some time ago price reached the support zone, which coincided with support 2, and soon broke this level, but later BNB fell back. After this, the price broke support 2 again and then rose a little higher, but soon the price turned around and made an impulse down to the trend line, breaking support 2 one more time. When the price fell to the trend line, it turned around and at once started to move up and soon reached support 2 and broke it again. Next, the price continued to move up to support 1, which coincided with one more support zone. And when BNB reached this level, the price broke it and entered to the support zone, but soon BNB made the correction below. After correction, BNB some time traded below support 1 and later finally broke it again and even rose higher than the support zone, but a not long time ago price fell back. At the moment, BNB trades near support 1, which coincided with the trend line inside the support zone and I expect that Binance Coin will rebound up from the trend line and then fall lower than this line and support 1, thereby breaking them. That's why I set my target at the 500 level. If you like my analytics you may support me with your like/comment ❤️
Binance Coin(BNB): Further Push or Correction?Binance Coin has been flying here for some time now, making higher high zones.
As of now, we see some sideways movement where we might see some potential grabs happen.
What do you think? We will see a breakout from zone A or breakdown towards B, C, and D zones.
Swallow Team
BNB Binance Coin Potential Retracement SoonIf you haven`t sold BNB on the triple top:
Then using the Fibonacci Retracement tool, I believe there will be a new buy opportunity in the $394 - $420 range!
BNB price is preparing for a strong growth soon ?The year 2023 was not the best for Binance and CZ, if we analyze the news background, lawsuits, fines, etc.
But everything seems to have "calmed down and stabilized"
The other day, there was another burning of BNB worth more than $600 million. Now, 154 million of the 200 million coins that were in circulation at the beginning are in circulation. Almost half of the planned amount was burned (ultimately, only 100 million BNB should remain in circulation).
It seems to us that a good "window of opportunity" is now opening up to drive the BNBUSDT price to the range of $520-540.
There you can sell a little BNB to cover the "expenses" of the past year)
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BNB/USDT 4HInterval Support and ResistanceHello everyone, let's look at the 4H BNB to USDT chart as we can see that the price has broken out of the local uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $575
T2 = $618
T3 = $649
AND
T4 = $689
Now let's move on to the stop-loss in case of further market declines:
SL1 = $512
SL2 = $484 - $469
AND
SL3 = $425
Looking at the RSI indicator, we can see that we have again approached the downward trend line and there is still a lot of room for recovery, while the STOCH indicator, despite the current rebound, also has a lot of room for recovery.
BNB Bullish Breakout happening nowAn inverse head and shoulders breaking above the 260$ resistance. We are most likely going to 300 and then 330-340.
There is also a massive amount of bullish divergence on the MaCD.
The stoploss is strategically placed below the neckline and key support level.
BNBUSDT - Price can bounce up from support level to $560Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price entered to rising channel, where it bounced from support level and rose to resistance line of channel.
After this movement, BNB turned around and ina short time declined to support line of channel and soon broke it.
Price left rising channel, broke $392 level, and declined lower, but soon it turned around and started to move up in new channel.
In this channel, BNB broke $392 level again and later reached $508 level, which broke soon too, and then made retest.
Then price tried to rise more, but failed and now trades very close to support line of rising channel.
In my mind, Binance Coin can decline to support level, after which it bounces up to $560
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BNB Buying Frenzy: Seize the Opportunity NowBNB Coin: Short Fundamentals, Recent News, and Disclaimer
Fundamentals:
BNB (Binance Coin): The native cryptocurrency of the Binance exchange.
Launched: July 2017.
Market Cap: ~$44.7 billion (as of March 11, 2024).
Rank: #4 on CoinGecko.
Unique Features:
Discounted trading fees: Use BNB to pay for trading fees on Binance and receive a discount.
Exchange governance: Participate in votes on Binance Improvement Proposals (BIPs).
Utility across Binance ecosystem: Used for various services on Binance, such as booking travel or using the Binance Launchpad for new token offerings.
Recent News:
Feb 23, 2024: Binance Labs, the venture capital arm of Binance, announces a $500 million investment fund for Web3 projects.
Feb 14, 2024: Binance launches a new educational initiative to promote cryptocurrency literacy.
Feb 9, 2024: Binance announces a partnership with Mastercard to launch a new crypto debit card.
Disclaimer:
Binance is a centralized exchange: Unlike some cryptocurrencies, BNB is not tied to a decentralized blockchain network. This means it's subject to the rules and regulations set by Binance.
BNB price is tied to Binance's success: The success of BNB is largely dependent on the success of the Binance exchange.
Additional Notes:
BNB has seen significant price appreciation since its launch.
The recent news highlights Binance's continued growth and expansion into new areas.
It's important to consider the risks associated with centralized exchanges before investing in BNB.
BNB: Resistance BreakoutTrade setup : Price broke above $500 resistance to signal continuation of uptrend, with +20% upside potential to $600. Stop Loss (SL) level at $450 for a 2:1 Reward-Risk-Ratio (RRR).
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $400 (previous resistance), then $350. The nearest Resistance Zone is $500, which it broke, then $600.
BNB going to previous highsBNB passed thought previous 2 resistances like a butter. My bias bullish , at least untill next resistance.
BNB UPdateBNB - All levels above are Targets.
Final one = 742 (on weekly time frame) is Important, with very advance technique.
Good Luck!
Cryptolean Binance Coin BNB UpdateAs expected, yesterday Binance Coin had another bullish impulse and broke through the key daily resistance of $529.
A daily candle closure above $529 will increase a probability of a continuation of a bullish move up towards $586 and higher towards $600.
An inability to sustain could lead to a re-test of $477.
Intraday Chart
The BNBUSD intraday chart is bullish and the last 4-Hour candle broke through $526 resistance.
A sustained price action in the 4-Hour chart above $526 will push Binancecoin price towards $552 and higher.
A bearish break-out to $526 will lead to a dip towards $506 support that could lead to a bullish rejection.
BNB will follow BTC. A strong bearish rejection of $69,654-$73,422 in the BTCUSD daily chart will lead to the weakness of the whole Crypto market and Binance Coin won't an exception.
Like once read.
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BNBUSDT Elliott Waves Analysis (Investment idea)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Closest target: 350 - 460 - 570
Main(investment) target zone: 850 - 1200$
Cancellation of setup - decreasing under 185.
RR: 1 to ~18
Stop loss must be necessarily, we have gap in 50-150$ zone, sooner or later we will get there.
risk is justified
Good luck everyone!
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