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PolarHusk
Jan 9, 2020 5:16 PM

BNB/BTC TA Update (Break 18k sats Support?) Short

Binance Coin / BitcoinBinance

Description

BNB/BTC

BNB is not looking good if it closes below key support at 18k sats area, this will signal another 9-15% drop lower to next immediate support at 16-15k levels.
If BNB drops to 16k sats area and the RSI is painting a bullish divergence, that is a good sign of potential strong bounce
or an early sign of bulls to break this descending channel to the upside. That's only my bullish hypothesis if BNB gets there.
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