Close
- All Market News
  All the dates you need for your trading diary.
- Indices News
  Your news hub for the S&P, FTSE, Nikkei, NASDAQ and so many more.
- Crypto News
  Tales from the Crypto world all in one place.
- Commodities News
  Insightful news across the Metals and Agriculture industries.
- Forex News
  Extensive coverage of the planet’s most liquid market.
- Energies News
  Oil & Gas traders will find this section invaluable.
- Stock News
  Read news on the movers and shakers in the Stock market.
- ETF News
  All the dates you need for your trading diary.
- All Daily Analysis
  Get a healthy mix of technical analysis and the movers and shakers.
- Daily Technical Analysis
  Learn how to read charts like the best in the business.
- Gainers and Losers
  Find out who’s up, and who’s down.
- All Learn to Trade
  Not sure where to start? Go here and let something catch your eye.
- Terminology
  An A-Z of the most common trading terms and phrases.
- Guides
  Get quick answers to the most frequently asked trading questions.
- Strategies
  Learn common trading strategies used by the best traders.
- Indicators
  We demystify charts and show you powerful charting tools.
- Courses
  We provide comprehensive trading courses on a variety of topics.
- Trading SignalsNEW
  Get Trading Signals from the FCA-regulated Signal Centre
- Dynamic Data
  Cut through the noise with market alerts tailored to your trading strategy.
- Research Terminal
  Deep coverage of the global markets with world-class insights.
- Economic Calendar
  Never miss a market update and time your trades like an expert.
- Corporate Calendar
  Dividend announcements, earnings releases, and a ton of other corporate info.
- Expert Advisor (EAs)
  Download your EA and unleash full power of LearnFX directly in your MetaTrader terminal.
Trading Signals

Binance Coin set for weak finish today; down 4.95% to $325.96 with 4 hours before close

19 April 2023

BNBUSD

Binance Coin is sharply lower after losing $17, declining as low as $325.96.

Binance Coin fell below the $337.57 support zone and moved $11.61 beyond it; the next level of support with significant buyer interest is estimated at $332.43. BNB made an initial break below its 10 day Simple Moving Average at $329.05, a possible indication of a forthcoming negative trend. After descending below strong Fibonacci support at $338.9, market bears have earmarked $315.27 as the next downside target. Binance Coin's upper Bollinger Band® is at $344.11 which indicates a further downward move may follow. Despite this, 'Bullish Harami' is a candlestick chart indicator used for detecting reversals in an existing bear trend. It is generally indicated by a small price increase that's contained within a broader downward price movement and is commonly associated with a bearish trend coming to an end.

Looking forward, Binance Coin is poised to extend its strong downtrend and continue declining.

In the meantime, negative performances are also seen in other markets, Litecoin drops 8.31% to trade around $93.32. EOS dips 8.41% to trade around $1.12. After ending today's session at $0.533, Ripple lost $0.039 and is trading around $0.494.

This year has been a bright one for Binance Coin after trading as low as $196.72 and going on to appreciate by 40.24% year to date. BNB is currently trading with a market cap of 50.81 billion with an average daily volume of 628.72 million.

Market Summary

Latest Crypto News

View All

Bitcoin Cash down $3.19 reaching $113, for its 4th straight negative day

LTC cryptocurrency trades up $0.62, approximately 0.74% higher going into tomorrow

Polkadot cryptocurrency trades up $0.036, approximately 0.64% higher this afternoon

Mixed sentiment leads Cardano cryptocurrency to trade sideways; establishes tight $0.379 to $0.383 range

Mixed sentiment leads Avalanche cryptocurrency to trade sideways; establishes tight $16.93 to $17.16 range

Copyright @2022 Learn and Consult FZ-LLC. The company is incorporated according to the laws of Dubai and the United Arab Emirates.

The information contained on this website — including analysis, trading research, market opinion, news and instrument prices — is provided for information purposes only and should not be construed, under any circumstances, as investment advice. You agree that LearnFX is not responsible for any losses or damages you may incur as a result of any action you may take regarding the information contained on this website. The regulated signals offered by this website are provided by a third-party service provider and you understand that any losses you may experience from using these signals are entirely at your own risk and liability. By using this site, you implicitly agree that nothing contained on the site shall be construed as a solicitation to buy or sell any product or service in a jurisdiction where its purchase or sale would be contrary to local laws.

Risk warning: Trading in financial instruments carries a substantial risk to your investment and may not be suitable for you. LearnFX strongly recommends that you fully understand the risks involved with trading and whether you have the financial means to take the risks involved. Should you be unsure of your suitability for trading, you can contact a personal financial advisor in your local jurisdiction who will be able to help you assess your competency for trading and investment.

Signal Centre is a trading name of PIA First Limited which is authorised and regulated by the Financial Conduct Authority which can be checked here FRN 787261. Registered in England & Wales, company number 07428345. Registered Office: Kemp House, 152 City Road, London EC1V 2NX. VAT number 153 646014.