TradingView
Bixley
Mar 6, 2022 12:12 PM

BNB Analysis 

Binance Coin / BitcoinBinance

Description

On the USD pair the double top will dominate in the short term, leaving price to fall a bit.
On this dip it would be a great time to enter.
This dip is shown on this analysis below



The BNBBTC pair looks very bullish, you could call the current structure in the bigger rectangle a double top, but if it were an extremely bullish case it could act as a bullflag.
BNB almost reminds me of the early BLX (Bitcoin) chart. Immense bull action with little bear downtime.



More