ahf010

BNB down trend ending

Long
ahf010 Updated   
BINANCE:BNBBTC   Binance Coin / Bitcoin
as you can see we are in a down trend channel breaking out of this channel roof is a powerful signal for buying,
or I think 8 September can be our bottom the 5 of C-Wave, once bnb finish the wave C, it start another impulsive trend.

beside of technical BNB fundamental is powerful enough to convince us to buy and HODL bnb some of these fundamental is:

Lunching different and good IEOs which needs to buy and hold bnb
Lunching Binance.us in September for American users which means USA whales coming
Margin trades
Binance Dex
Binance Lab
Binance charity
BinanceX
Binance Lending system
Periodic coin burn
Adding wonderful OCO option

and there is many things about bnb usage that I just pass . so I strongly recommend you to keep it in your watch list...
Comment:
two new fundamental
jex program
Busd token

technically ,after entering 382% fibo level area, we broke the very first resistance and it's a very good sign
also in bnb/usdt pair we have an extraordinary situation for buying and we may see 30$ again

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.