JoshMcGruff

$BNB way oversold and announced Q4 Token Burn

Long
BINANCE:BNBBTC   Binance Coin / Bitcoin
BNB is extremely oversold on the 1D and yesterday the Q4 Token Burn was confirmed via Binance.

We've seen a shift from bearish Heikin-Ashi candles to Bullish with a spinning top and currently (while not closed) a Doji .

This could indicate a trend reversal shifting back into Bullish as it also is sitting on a horizontal support.

Comments

Thinking I’m seeing a double bottom W now on usdt. Thoughts?
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Watching the 99DMA and the MACD on the 1 day closely. If we lose the 99DMA it could really hurt.
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