It has been an incredible 2019 for Binance thus far. Up nearly 80% as we have seen new All Time Highs.
All technical indicators are looking over exhausted. Additionally, the Fetch.AI ICO is raising $15mm in $BNB, exclusively. With the testate already going live and the FUD/FOMO surrounding this ICO on the Binance Launchpad, I expect Binance Coin to retrace to 220k range, which also lines up with the .382 Fib level. I will be targeting that range to begin re-accumulating.
Always looking to accumulate more $BNB. If CZ manages to announce margin trading over the next few months, $16-19/coin is most definitely possible as I foresee incredible FOMO volume coming in on that caliber of news.
Note: I am not a financial advisor. Nothing here should be construed as financial or investment advice. I am solely sharing my market outlook.
All technical indicators are looking over exhausted. Additionally, the Fetch.AI ICO is raising $15mm in $BNB, exclusively. With the testate already going live and the FUD/FOMO surrounding this ICO on the Binance Launchpad, I expect Binance Coin to retrace to 220k range, which also lines up with the .382 Fib level. I will be targeting that range to begin re-accumulating.
Always looking to accumulate more $BNB. If CZ manages to announce margin trading over the next few months, $16-19/coin is most definitely possible as I foresee incredible FOMO volume coming in on that caliber of news.
Note: I am not a financial advisor. Nothing here should be construed as financial or investment advice. I am solely sharing my market outlook.
Comment:
Correction**
Testnet*; not testate
Testnet*; not testate
Fetch ICO is has already $15mm .On the Binance Launchpad, it states that the hard cap is $6mm. They already had a private round where they raised $15mm.
The remaining $6mm will be raised in $BNB.