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BNBBTC

BNB/BTC - Only chart that matters! Expect higher levels!BNB has found a major resistance at around 0.01 BTC and was pushed back. This coincided with a price of $635. Can we go higher? Yes. The BTC pair chart shows that we are in a massive ascending channel that has formed since BNB was launched back in 2018. We have NOT yet reached the top of this channel which was resistance in the past and pushed price back down. As you can see, we appear to be on leg three in a Elliot wave up. As such, I'd expect BNB to continue up until we reach anywhere around 0.02 BTC / BNB which is the channel top. At that point I would be surprised for BNB to continue up. Such a level would correspond to a price of around $1,300/BNB at the time of this post. Time will tell, however I don't think BNB pump is over just yet. Once we reach the top of this channel, it is best to secure profits. Then re-assess. The price action remains bullish. We are quite extended on the indicators, but in such a bull market, we can continue for quite some time until we will correct. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
1
BNBUSDTBNB did a great move up, and I think it can even pump more because Binance converts all small assets into BNB and we all know what that means. we're seeing a small rejection by the upper Bollinger band right now but if you're looking for a long position, wait for a confirmation and closure of a 4H candle above the resistance and then you can open your long positions. ⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high. Good Luck 🎲 Tell me your ideas. Like and Share 🗣✅
by ShawnMCR
9
BNB skyrockets to record highs while $1,000 beckons Binance Coin Price Analysis: BNB skyrockets to record highs as $1,000 beckons Binance Coin rallies to hit a significant milestone at $638 amid the bulls' push for gains past $1,000. The MACD adds credence to the bullish outlook despite resistance at $600. Binance Coin has quickly become the darling of the cryptocurrency market. In addition to making a significant spike to $638, a new all-time high, the token's market cap almost hit $90 billion. BNB still sits in the third position on the market after Ethereum. Binance Coin bulls battle to secure higher support The exchange-based token teeters at $577 at the time of writing. This follows a minor correction from the newly traded record highs. Support above $600 became an uphill task, but currently, buyers are focused on established support at $550. The short-term analysis shows that Binance Coin is in the bulls' hands despite the recent correction. This bullish narrative has been reinforced by the Moving Average Convergence Divergence (MACD). The indicator is not only in the positive region but also in a bullish impulse. For instance, the MACD line (blue) has sustained the signal line's positive divergence since the weekend session. Closing the day above $570 and, by extension, $550 will ensure market stability. Here, buyers will build upon the support for gains toward $1,000. Immense buy orders will be triggered once Binance Coin slices through the hurdle at $600 and $638, respectively. It is worth mentioning that a correction will come into play if the support at $550 gives in. Sell orders may be triggered, adding pressure to the bearish outlook. Subtle support has been envisaged at $500, but the primary anchor holds $450. Binance Coin intraday levels Spot rate: $577 Trend: Bearish Volatility: Low Support: $5050 and $450 Resistance: $600 and $638
BINANCE:BNBUSDLong
by CoinGape
BNB has broken $600 mark. Time for a pullback or another leg up!So, BNB has finally crossed $600 mark within no time. It was just last week, when I wrote my previous analysis for BNB and it was trading at around $340 at that time. It has been climbing real fast. What now ? Is it a time for a pullback or do you see another leg up ? share your views In my opinion, RSI is overbought for the fifth time now, MACD and signal lines are far apart. Also, the price has broken upper bollinger band. Volume has seen a good spike up. It should see a pullback soon. May be could visit $500 to $600 areas, accumulate and move further upwards. On the other hand, if the volume keeps on increasing it might break the next psychological level of $650, $675 or even $700. Who knows, it's a free territory for BNB. For trading setups, I would say " BNB is in price discovery at the moment which makes prediction difficult, at this point it would be risky to go long" . Wait for a pullback, a confirmation and then fill your bags, if you want to. Markets discount everything. Remember that :D For more trading ideas, follow us Happy Trading
by Tuned_Official
2
$BNB - $510 the goal - memelines the GOATBNB has done amazing things fundamentally with BSC - binance smart chain, staking opportunities, the exchange itself so it has been uber bullish The cleanest pennant I've ever seen, break and retest and its only been up Memelines are the GOAT Should see a decent pullback at the 2.0 as the chart is pretty extended and that will be a whole standard deviation extension from the pennant high High 300's to low 400's are 4H demand areas and 1D structure levels, good areas for buys on corrections!
Long
by InvestmentsHub
4
BNB, Binance Coin - I'm waiting for a breakout pattern⚙️BNB creates a local range near an important key level. I expect the continuation of the movement in this range and squeezing to the level. Only in this case, we will create a great breakout pattern for a long position. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
8
BNB pumped as predicted!!!!!! what is next ?🌴FREE ANALYSIS UPDATE🌴 -BNB/USDT Yello ladies and gentlemen💰😎 💎Binance coin is following our previously made analysis absolutely perfectly. Broke above immediate resistance and closed above it, confirming the overall trend is bullish. 💎On LTF, we are experiencing a slight correction essential and healthy for maintaining the HTF bullish trend. 💎The reason for this minor correction is Bitcoin dominance hitting weak support. Remember that nothing goes parabolic, and adjust your trading strategy based on that. Don't be a crypto noob😂, trade like a PRO🎖
Long
by MyCryptoParadise
4
BNB broke 400$ and is on road to 530$!BNB just broke and retested 400$ as support; this is a massive move as there was a lot of resistance at 400$ and BNB cleared it with ease. This is a decisive breakout and BNB can run to 500+$; my target is 530$. The reason why BNB is pumping is alt season (ofcourse) and the coinbase IPO. Check my last BNB post linked below (long at 250$) for more information and no; if you are buying now you are not fomo or buying a top; youre buying a breakout.
BINANCE:BNBUSDLong
by cryptobullethbtcxlm
4
BNB 140% gain?? - price predictionOn the daily chart there is this big ass ascending triangle on which there just has happened a breakout. If we follow the Fibonnaci breakout tool, we see 2 possible targets that are around the 560 or 900 dollar level. The quarterly coin burn is also bound to happen between 16 and 23 april. Just as previous huge breakouts happened after that news, this could be a tremendous compound of good factors, resulting probably in a 140% gain coming days/month
BINANCE:BNBUSDLong
by christianTG
4
Is BNB forming a potential Head and Shoulders pattern?BNB has been performing outstanding for some time now. Also as predicted in out earlier Idea that BNB could potentially touch new ATH. However what is interesting to see here is that BNB could form a potential Head and Shoulders pattern, if it manages to touch the Neckline. Neckline is till below its usual upward moving channel. However if BNB breaks lower part of upward channel (Green lines) then it will be officially in an H&S pattern. If this is the case then we might not see another ATH any time soon. Going by the pattern we have two scenarios here: Scenario 1 (Red Path) - BNB to continue its journey and breaks current ATH to create a new ATH. Scenario 2 (H & S Pattern) - BNB to stay below current ATH and could potentially break S1 and then try to recover between S1 & S2. May be next couple of hours could give us much more clear picture of where BNB is heading. If you like my analysis then do drop a LIKE and a COMMENT. Also dont forget to SHARE it with your friends. Also dont forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely.
by Manjyot
2
Is it time for BNB to rest after outstanding performance?BNB has been moving at an impressive speed over the past couple of weeks and it has touched its new ATH in April. BNB is moving in an upward parallel channel, however post touching its ATH it has not tried touching it again. Instead it has settled for 352, which indicates it might be heading for a downward trend. However it is too early to say, if BNB is officially in a downward trend. It hasn't touched the other corner of its upward trend yet. So we will have to wait and watch if manages to break the Green parallel channel to officially enter the downward trend. After analysing all the trends, below are three potential scenarios. Scenario 1 (Black path) - BNB will bounce back from 330-337 range and can potentially try to create a new ATH. However if it is pulled back from its earlier ATH, then it can potentially form Double top pattern. Scenario 2 (Red path) - BNB will break green upward trend and will officially enter the downward trend. However it will be supported by S1. In this case BNB will be moving in an descending triangle, which is again an indicator of further fall. Scenario 3(Blue dotted path) - BNB will ignore all trends and will straight way follow the downward trend channel by initially taking support at S2. If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends. Dont forget to click FOLLOW button to get daily analysis of different crypto currencies. NOTE - These are my personal notes and in no way a financial advice. Do your own research and trade wisely
by Manjyot