website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Binance Coin technical chart
Symbol BNBUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateJune 3, 2023 - 11:35
Currentrange bound
Forecastcontinuation of uptrend

Midterm forecast:

  • While the price is above the support 299.5, continuation of uptrend is expected.
  • We make sure when the resistance at 350.0 breaks.
  • If the support at 299.5 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

  • There is a divergence in RSI and price between the trough at 337.8 on 2023-02-05 and the trough at 350 on 2023-04-16, the probability of downtrend continuation is decreased and the probability of continuation of uptrend is increased.
  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 301.0 on 05/12/2023, so more gains to resistance(s) 318.0, 338.0 and maximum to Major Resistance (350.0) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 43.

Symbol Released Current Forecast
Binance Coin (BNBUSD) Sun, 24 Mar 2024
Binance Coin (BNBUSD) Sun, 17 Mar 2024
Binance Coin (BNBUSD) Sun, 10 Mar 2024
Binance Coin (BNBUSD) Sun, 3 Mar 2024
Binance Coin (BNBUSD) Sat, 24 Feb 2024