The BNB/USDT pair is currently displaying a promising cup and handle pattern on the daily time frame, suggesting a potential bullish reversal. This classic chart pattern typically signifies a period of consolidation followed by a breakout to the upside. With the cup and handle formation in play, there's a strong possibility of a continuation of the upward trend,...
Based on the market data provided, BNB (Binance Coin) is currently trading at 485 USDT. In the short term (4h chart), the RSI (Relative Strength Index) is at 75.27, which is considered to be in the overbought territory. This could indicate that a correction or a slight pullback might be in the offing. The MACD (Moving Average Convergence Divergence) is at 17.5,...
This is as perfect as it gets!!! The TTR target was hit to the penny! I took off partial of my long-term holdings here. I will be adding at 340-320 level. There is a potential of hitting 475+ if the price breaks out above today's high
My friends, I am intensively working on BNB. You can also review my previous analyses regarding BNB. I hold a positive view on BNB. The ecosystem is expanding, the BNB staking in launchpads, Binance's dominance in the sector, and the token burning policy until it drops below 100 million—all these factors are positive for BNB. As you can see, my past predictions...
Based on the given market data, the Binance Coin (BNB) is currently trading at $348 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 44.49, 75.01, and 76.11 respectively. This indicates that the coin is in a neutral zone in the 4-hour interval, but is overbought in the 1-day and 7-day intervals. The Moving Average Convergence...
Reviewing the Binance Coin (BNB) against Tether (USDT) chart, it's notable that the Elliott Wave structure points to us currently being in the fourth wave. Correcting the previous analysis, we do not see the completion of the fifth wave but rather the fourth wave, which suggests that the market is in a corrective phase rather than an impulsive final wave...
Market Context: BNB/Binance has enjoyed a strong bullish run, but monthly timeframe signals point towards the asset being overbought. Additionally, a move into previous highs on teh 1M and 1W charts hint at a possible pullback to the 50-61.8% Fibonacci retracement area. This zone often sees increased liquidity, which could attract long positions from institutional...
Comprehensive Analysis of the Potential Downturn in BNB/USDT: A Bleak Scenario Unfolding As we delve into the intricate web of factors surrounding the Binance Coin (BNB) and its pairing with Tether (USDT), a comprehensive examination reveals a gloomy outlook that may pave the way for a substantial decline from its current value of $307 to a support line around...
BINANCE:BNBUSDT.P in 1D TF its in uptrend ,4H liquidity has been taken and shifted market to the upside.possible long scenario. ENTRY : 297.27 TP : 317.00 SL : 288.42
BNB is currently forming a symmetrical triangle pattern & BTC dominance is also at support zone try to find some shorts in altcoins with low lev.
BNB has bounce back from 290 (major support) & 300 support area successfully, It can reach its 1st target at 335 & 2nd target at 350 soon. BUT on one condition. I have already published an idea on it ,Check that out & make sure to follow me.
BNB is currently above the hourly resistance. We can take long at retest around 310 to 308 zone. 1st target would be at 335 and 2nd at 350. Stoploss around 303 to 302. Lev :- 1.5X to 2X
After a correction in the range of 50%, after exiting the density, it can continue the growth with a pullback to the support range until the supply range. At the same time, this correction may continue up to the 23% Fibo range if the support range is broken, which will be the red line range.
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if the impulse and correct that i realize will be true the price will take another impulse for a downtrend
Hello traders, Here's an update on BNB using a weekly timeframe chart. BNB is expected to rally 250% soon which will be close to its ATH. That's the minimum rally we can expect as a mid-term target. For a long-term target, BNB has a long way to go. I am anticipating a breakout soon on BNB and also keeping in mind the $200 support that is still holding on strong....
It's been a while since BNB has a lot of margins. Have a look at the BNB chart. Price seems to be playing within a diametric. It looks like it is now completing wave E of this diametric. From the green range, the D wave can rise again to the ceiling of the D wave to complete the F wave and then fall for the G wave. We expect such behavior from the price in the...
As BNB flirts with a significant resistance trendline, the anticipation of a breakout builds. A decisive close above this level could ignite a rally towards Fibonacci extension levels of 1.272 and 1.414, correlating to a price target around $1200—representing a fivefold gain from the current position. Given Binance's stature as the 'father of the crypto market,'...