Free Binance Coin (BNB) Technical Analysis Signals

Overal Signal
Buy
Signals
Hold Buy Neutral Neutral
Last Update / Period
09 Oct / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

Binance Coin (BNB) signal with technical analysis on 09 Oct

On 09 Oct, we conducted a comprehensive technical analysis of Binance Coin (BNB), considering 256 signals with intricate details. Here are the key findings: 119 signals suggested buy strategies, while 56 indicated sell strategies. The remaining 81 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 44
Sell Signals: 3
Neutral Signals: 17
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 28
Sell Signals: 14
Neutral Signals: 22
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 22
Sell Signals: 22
Neutral Signals: 20
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 25
Sell Signals: 17
Neutral Signals: 22
Result: This strategy leads to a Neutral position.

Overall Strategy:
Buy Signals: 119
Sell Signals: 56
Neutral Signals: 81
Result: This strategy leads to a Buy position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Binance Coin (BNB) investments, we highly recommend visiting the "magicalprediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Binance Coin (BNB) on , there seems to be a tendency toward a buy signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and any investment decision should be made carefully. Consider the overall market conditions and how your choices align with your specific investment goals.


Based on the above signals, we recommend the following strategies:

Binance Coin (BNB) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, holding your position may be a good strategy according to our signals. However, always exercise caution and monitor market developments closely.

Binance Coin (BNB) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to choose the optimal time to exit based on our signal combination. If you have a higher risk tolerance, consider waiting for market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it’s advisable to consider the projected price range. This range represents a potential upside of 4.27%, determined by the highest predicted price. However, before deciding to enter a buy position, be cautious and conduct thorough research to ensure it aligns with your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial for managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make more informed decisions regarding your **Binance Coin (BNB)** holdings.

Binance Coin (BNB) Price Analysis and Resistance Levels:

Given our current long position in Binance Coin (BNB), analyzing key resistance levels is crucial to better understand its price movement. These levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (597.544): The primary hurdle we face is the 597.544 price level. If the current trend remains unchanged, Binance Coin (BNB) could break above this level, signaling its strength and potential for further growth.

Second resistance level (605.191): If the upward trend continues with significant strength, we may see Binance Coin (BNB) cross the second resistance level at 605.191, indicating a major upside move and a promising direction for our position.

Third resistance level (720.673): For a more comprehensive analysis, consider a scenario where Binance Coin (BNB) not only breaks the second resistance level but holds its price above this mark. If this trend continues in the coming days, Binance Coin (BNB) could potentially reach the third resistance level of 720.673.
It's essential to closely monitor these resistance levels and consider them in the broader context of market trends and indicators. To make informed decisions when trading Binance Coin (BNB), stay alert and continually analyze the market. By focusing on these resistance levels and considering broader market dynamics, you can make smarter trading decisions and adapt to this dynamic market.

Binance Coin (BNB) technical analysis chart

Binance Coin (BNB) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 597.544 605.191 720.673 -- --
Support 514.113 498.562 473.169 456.923 350.072
 Binance Coin (BNB) Support and Resistance area (09 Oct)

Binance Coin (BNB) signals list for 09 Oct

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Binance Coin (BNB) candlestick patterns on 09 Oct

Today's Binance Coin (BNB) Candle Patterns List:

Binance Coin (BNB) technical analysis over the past days

# Date Overal Signals ALL Signals
1 08 Oct Buy HoldBuyNeutralNeutral
2 07 Oct Neutral HoldNeutralNeutralNeutral
3 06 Oct Hold HoldNeutralHoldNeutral
4 05 Oct Buy BuyHoldHoldNeutral
5 04 Oct Hold HoldHoldHoldHold
6 03 Oct Hold HoldHoldHoldHold
7 02 Oct Sell HoldHoldHoldSell
8 01 Oct Hold HoldHoldNeutralNeutral
9 30 Sep Sell SellSellNeutralHold
10 29 Sep Hold NeutralHoldHoldHold
11 28 Sep Hold HoldHoldHoldHold
12 27 Sep Buy BuyHoldHoldHold
13 26 Sep Hold NeutralHoldHoldHold
14 25 Sep Hold NeutralHoldHoldHold
15 24 Sep Hold HoldHoldHoldHold
16 23 Sep Hold HoldHoldHoldHold
17 22 Sep Hold HoldHoldHoldHold
18 21 Sep Hold HoldHoldHoldHold
19 20 Sep Hold HoldHoldHoldHold
20 19 Sep Hold HoldHoldHoldHold
21 18 Sep Buy BuyHoldHoldHold
22 17 Sep Buy NeutralHoldHoldBuy
23 16 Sep Sell SellHoldHoldNeutral
24 15 Sep Hold HoldHoldHoldHold
25 14 Sep Hold HoldHoldHoldHold
26 13 Sep Hold HoldHoldHoldHold
27 12 Sep Buy HoldHoldBuyBuy
28 11 Sep Buy HoldBuyNeutralNeutral
29 10 Sep Hold HoldNeutralHoldHold
30 09 Sep Buy BuyNeutralHoldHold

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