I'm thinking BNB's rally isn't done yet. Yes the next candle after huge green spikes are always inevitably red and disappointing but it's looking like support will be at my blue trend line and that for now we are still moving upward. If blue trend line fails I'm thinking lower red trend line will surely hold.
Not surprised this coin has been growing like crazing considering how Binance is killing it as far as exchanges go.
Nice one! Never used this long time line for a ascending triangle? (or what is it called?).
Can this last rally display a bullish flag shaping? Also looking at historical BB indication this is bound to go up, I agree.
One question though, right now it seems as when BTC drops BNB rises and vice versa. Or is it just a coincidence? All other alts follow the BTC move though..
garrettlweems
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@raffiwartanian, honestly what I think is going on with btc & bnb price relation is instead of people selling btc into tether theyre selling their btc into bnb because of lower trading fees which is making bnb go up while btc goes down. Just my thoughts
Can this last rally display a bullish flag shaping? Also looking at historical BB indication this is bound to go up, I agree.
One question though, right now it seems as when BTC drops BNB rises and vice versa. Or is it just a coincidence? All other alts follow the BTC move though..