Free Binance Coin (BNB) Technical Analysis Signals

Overal Signal
Sell
Signals
Sell Neutral Neutral Hold
Last Update / Period
27 Mar / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

Binance Coin (BNB) signal with technical analysis on 27 Mar

On 27 Mar, we conducted a comprehensive technical analysis of Binance Coin (BNB), considering 256 signals with intricate details. Here are the key findings: 78 signals suggested buy strategies, while 89 indicated sell strategies. The remaining 89 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: 10
Sell Signals: 33
Neutral Signals: 21
Result: This strategy leads to a Sell position.

Strategy 2:
Buy Signals: 18
Sell Signals: 25
Neutral Signals: 21
Result: This strategy leads to a Neutral position.

Strategy 3:
Buy Signals: 24
Sell Signals: 17
Neutral Signals: 23
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 26
Sell Signals: 14
Neutral Signals: 24
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 78
Sell Signals: 89
Neutral Signals: 89
Result: This strategy leads to a Sell 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 "Magic Prediction" 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 is a tendency towards a sell signal based on historical data and analysis. However, it’s crucial to remember that these signals are not guarantees. Make sure to carefully consider overall market conditions and align your decisions with your specific investment goals.

Based on the above signals and forecasts, 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, it is advisable to identify the optimal time to exit your position based on a combination of technical signals. Those with a high risk tolerance may choose to wait and observe market movements over the next few days.
Binance Coin (BNB) trading strategy for those in sell positions (short positions): If you are in a sell (short) position, holding your position may be the right strategy, as indicated by the consensus of our technical analysis. However, be cautious and monitor market developments closely.
For new positions: If you are not currently invested or considering switching to a sell (short) position, it’s recommended to assess the potential downside of 3.39% based on the lowest expected price range. Ensure that this aligns with your risk tolerance and objectives by conducting thorough research before entering a short position.

In all trading scenarios, a well-defined stop-loss strategy is critical to managing potential downside risks effectively.

Useful Tip: For long-term forecasting, we recommend using the "Predict-price" website, which offers both short-term and long-term predictions at no cost. This resource can support informed decision-making regarding your **Binance Coin (BNB)** investments.

Binance Coin (BNB) Price Analysis and Support Levels:

In our current Binance Coin (BNB) position, we find ourselves in a short position, anticipating a potential downward trend. Understanding the key support levels is essential, as these serve as critical reference points for traders and investors to make informed decisions.

First Support Level: 605.191
We are closely monitoring the price at 605.191, the first support level. If the downward trend continues, breaching this level would signal strong selling pressure, suggesting the possibility of further price depreciation.

Second Support Level: 597.544
If the first support level is broken, the second support level at 597.544 becomes crucial. A break here would indicate stronger downward momentum, likely driven by market sentiment or external factors.

Third Support Level: 535.381
If the second support level is broken and the price continues to decline, this signals a significant market shift. Staying below 535.381 would confirm a persistent downward trend, with traders likely targeting this third level as the next support point.
These support levels should be carefully considered within the context of broader market trends and indicators. By staying alert and consistently analyzing the market, you can make well-informed decisions while trading Binance Coin (BNB). Keeping these support levels in mind will help you adapt to the dynamic nature of the market and make smarter trading choices.

Binance Coin (BNB) technical analysis chart

Binance Coin (BNB) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 720.673 730.835 -- -- --
Support 605.191 597.544 535.381 519.192 514.113
 Binance Coin (BNB) Support and Resistance area (27 Mar)  Binance Coin (BNB) Support and Resistance area (27 Mar)

Binance Coin (BNB) signals list for 27 Mar

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Binance Coin (BNB) candlestick patterns on 27 Mar

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

Closing Marubozu Long Line Candle

Binance Coin (BNB) technical analysis over the past days

# Date Overal Signals ALL Signals
1 26 Mar Sell SellNeutralNeutralHold
2 25 Mar Hold NeutralHoldHoldHold
3 24 Mar Buy BuyBuyHoldHold
4 23 Mar Hold NeutralNeutralHoldHold
5 22 Mar Hold NeutralHoldHoldNeutral
6 21 Mar Hold HoldHoldHoldHold
7 20 Mar Buy HoldHoldHoldBuy
8 19 Mar Hold HoldHoldHoldNeutral
9 18 Mar Hold HoldHoldHoldNeutral
10 17 Mar Buy HoldHoldBuyBuy
11 16 Mar Hold HoldHoldNeutralNeutral
12 15 Mar Buy HoldBuyBuyNeutral
13 14 Mar Hold HoldNeutralHoldHold
14 13 Mar Buy BuyHoldHoldHold
15 12 Mar Hold NeutralHoldHoldHold
16 11 Mar Hold HoldHoldHoldHold
17 10 Mar Hold HoldHoldHoldHold
18 09 Mar Sell SellHoldHoldHold
19 08 Mar Hold NeutralHoldHoldHold
20 07 Mar Hold NeutralHoldHoldHold
21 06 Mar Hold NeutralHoldHoldHold
22 05 Mar Hold NeutralHoldHoldHold
23 04 Mar Hold HoldHoldHoldHold
24 03 Mar Sell SellHoldHoldHold
25 02 Mar Buy BuyHoldHoldHold

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