BNB strong on chart, can hype keep up?

Before you continue reading please note, that I am very new to trading and this is my first chart I am posting here.
Please do not take this as advice, but rather a consideration along with other information You have gathered.
Thank you!

* As the trend of BNB is ever so repetitive we hav to take into consideration the current situation of BTC and the whole market in general.
* Binance is and has been very strong on promotion thus creating hype around BNB, however hype is always a slippery slope.
* Also speaking for BNB is the fact that it aims to become the next big thing and since Binance is growing, BNB has definately the potential to grow into a strong investment.

* I have marked my buy zone with the blue box, however before I buy in I make sure that the uptrend is absolutely confirmed and also considering the public media around BNB on the moment of purchase.
* I am probably looking for a wave ride with this one as it is uncertain what BTC is doing and whether BNB can live up to what it wants to be.

Disclaimer: You should NEVER base Your decision on one positive indicator. Science is successful because scientists spend a lifetime to prove themselves wrong. Please look for everything that can push my or anyone elses Analysis over. Liberately look for negative signs to confirm a positive. If You can't find any, be sceptical still and take care on every step along the way.

Thank you =)

Comment:

Since the font on the chart is too small I'll write down here "Things to consider"

PROS:
+++ Binance is a strong platform and BNB might become the safe haven for BTC drops
+++ BNB Is showing a very similar trend
+++ BNB is supported by media hype (Twitter, Facebook, etc)
+++ BNB is supported by in-house promotions (40% referrals, Education initiative, competitions, hirings)

CONS:
--- Current situation with BTC (general panic)
--- Lowered volume
--- Binance quarterly coin burn
--- Trendline on the peaks

Comment:

On the 1H view we can see the ever so slow, but very steady growth towards my buy zone. I am still patient with the buy however and most likely will secure my position on the upper part of my buy in box. Reason for that is that I want BNB to asolutely confirm an upwards trend. Specially considering the current market situation.

Comment:

Just a quick update on the 1H chart. So far BNB is moving as expected and it is now reached the buy-zone. However I am not buying at this point. Still waiting for a strong confirmation on an uptrend.

* We are now above 50hMA
* Broken a small resistance
* Haven't fallen back on the white support line
* No big events promotion or media wise.

Looking stable and sticking to the plan :)

Trade active:

I'm most likely rushing a little, but I have positioned myself in BNB at this point.

My Buy-in is 0.0017256
My stoploss is at 0.0016041 (7%)
My first target is at 0.0023990 (39%)

I have gone under every recent supportline with my stop-loss. If BNB doesn't find support on any of these then further then that I am not willing to lose on this trade.

Trade active:

We are slowly, but surely reaching the end of our first sequence before a bit of correction. My chart is experiencing a bit of delay and everything happens a little later then I anticipated. This is most likely due to BTC acting weird in the beginning of the cycle. Now that BTC has stabilized to a price range I think people feel confident into starting to move into BNB and keep their Alt trading funds in BNB, while their markets and prices correct. Godspeed everyone and good luck in your trades =)

Trade closed: target reached:

Target reached. I am not too sure if it can gain any more momentum for this cycle. July will bring coin burn. Was a good ride :)