BNB - STRONG RESISTANCE#BNBUSDT - Strong resistance at $300 and support at $260 , if $260 breaks then next strong support seems at $220. Global maket currently in bearish sentiment.
Global News: *Russia, Seems to talk about peace negotiation with Ukrain if international countaries acts as intermediation (Mild Bullish)
* Strong inflation and its persistance will hike more interest rate. (Bearish)
Technical Analysis: short term bullish (2 to 3 Weeks) long term Bearish(2 to 3 months).
BNB
BNB looking weak after bearish H&S formationBINANCE:BNBUSD formed a nice H&S (head and shoulder) formation, broke down and now retesting the neckline. Notice the decreasing volume on rise from beginning of August which shows weakness.
Neckline around 288 seem like a good place to short and we might see 225 or lower levels in days to come.
💡Don't miss the great buy opportunity in BNBBTC @binanceTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.01353).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 0.01418
TP2= @ 0.01472
TP3= @ 0.01529
TP4= @ 0.01690
TP5= @ 0.01954
SL= Break below S2
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#BNB/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BNB/USDT UPDATE!
As we can see BNB has broken the triangle pattern and retest again in the yellow area Entry 235 to 245 Stop Loss 230 and Target 310
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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BITCOIN MONTHLY ANALYSIS FOR LONG TERM We are seeing the correction in bitcoin from last 14 months. If bitcoin does not go below of 13880 then you can see last impulsive move of smaller as well as larger degree and bitcoin makes 1st impulsive move of a larger degree i.e dacade.
The 5th wave can take resistance at red channel and will turn back. If bitcoin goes below of 13880 then this analysis will be invalid.
ETHUSDT🔥Let's break down the ETH chart
Now the asset is near the global support zone at $1000-1050.
What I think is that it is not worth waiting for some kind of global growth within 1-2 months, but inside the day you can take profitable transactions.
In the short term, I think we can rebound from the $1000 level towards $1.200-1.350 before the end of the week.
✅Don't forget to visit the channel there is a lot of useful information about trading.
✅Write your comments what you think about this coin.
💡Don't miss the great buy opportunity in BNBUSD @binanceTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (395.0).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 68.
Take Profits:
TP1= @ 407.7
TP2= @ 412.9
TP3= @ 418.8
TP4= @ 426.2
TP5= @ 431.4
SL= Break below S2
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BNB forming rising wedge on 15 minutes. Maybe not / But what if?We can see an inconsistent rising wedge pattern but well patterns are never perfect because of BTC's correlation with every other currency.
I'll see how this would play out.
Stop loss or great Shorting opportunity if it fails the bottom support.
BNB to take over Global Finance? Interesting Macro ScenarioCRYPTOCAP:BNB BINANCE:BNBUSDT CRYPTOCAP:BNB.D
In the chart,
1. Trend based fibonacci levels. Shouldn't disappoint.
2. BNB is forming an ascending pattern on macro levels
3. Exchange's popularity and usage metrics are off the charts that will attract more institutional investors in both short term and long term
4. Binance acquires anything that can make their presence more exponential. Whether its banks or exchanges in multiple countries.
Binance is the largest crypto exchange with the biggest presence in countries. NO S***
It's better to look at BNB coin more than what it presently is. HIGH TIME we take notice.
This is not a financial advice
I still don't know what to think of this-
It's the biggest exchange so far
Has a crypto thats actually being used for payments, defi, transfers and can even be treated as an asset class.
Enjoys zero maintenance margin on multiple instruments
Coins are pegged against BNB and has a dedicated exchange for the same on its network
Almost started to feel like a bank
Is it a tech giant? Is it a financial giant? Is it Both? I don't know
I've started to have interest in Binance as a new generation asset class that really could dominate global finance.
I don't believe in this strongly but the trends have been positive and consistent. Fundamentals are way too strong - so is the dominance and presence.
Could be wrong but I'm still taking a DCA oriented long position for the next 5 year cycle on this coin. Also I have no complains from the exchange. Seamless experience since 2017.
#BNB scalp zone 4 hr TF#BNB moves from the minor support now testing the down resistance line. Price reached the resistance level and facing sell-pressure as 4-5 candles in 4H are stacked there itself. If price break the $409 resistance zone then we can see high push in prices around $445. if you have taken trade yesterday then trail your stoploss
Bitcoin to 50K - Start of Bull Trend Yes - Bitcoin is ranging . Tested support and resistance multiple times. I can see clear W pattern is establishing which is really bullish in nature.
Supply is exhausting , shorts getting closed refer btcusdshorts in bitfinex , TA is completely bullish . We should see a good journey towards 50k soon.






















