Binance coin is one of the top performing coins during the 2018 bear market. The coin was able to reach a new ATH by the end of June and is currently around it's January 2018 price.
- Takashi_trading.com signaled a sell/short signal by mid - august. - BNB is currently trading under the Ichimoku cloud and the cloud changed from green to red which are bearish signals. - Very strong support around 9895 sat based on the Ichimoku cloud. Resulting in a potential 35% drop.
The support is still (luckily) significantly below us currently. Although keep in mind the future ETF events by the end of September. This may be a negative catalyst for the entire market and could brings us to that support more quickly then (previously) expected.