Hello I want to talk about the Token of Binance Crypto Exchange. Changpeng Zhao CEO Crypto Exchange in the world. They solved a lot of problems for traders. You couldn’t be able to cope with the unloading and lagged all the time at the moment when there were big movements, such as Poloniex, Bittrex, Bitfinex. Who remembers remember this. We’ve gotten a lot of high-quality liquid stock exchange with convenient functionality. Thanks for this And even despite their status, they continue to move on and develop. Resurrected the ICO market with the new name IEO. Established rules for participation in IEO; you can invest in projects only with a exchange token BNB. After all the "successful", you can look at them. He has been developing his own blockchain. Yes, everything is cool and everything is fine!
They recently announced that they would add margin trading to the exchange. This makes me particularly happy, because it’s a market that will have more opportunities to earn money and of course, more speculation. It is a question of
And now about the chart M1 If you look at the monthly chart, we see an exponential growth after which, in most cases, a correction occurs. The correction lasts 3-5 months
W1 We have a little bit of it. power RSI falls well
D1 I’m not sure if I’ve been right at the bottom of the line. but now we’re not going to new heights. It is a new bitcoin. speed of distribution of information. It will be growth. anything can change in the market, but in addition to human behavior
Great job! I personally think that ascending channel support will stand and 320k sats is the perfect place to open a long. Check out my view:
TradingSafely
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Nice Charts!
Faibik
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Please Check Out My Chart
milanjelic
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I do expect declination from 6400 $ towards 4700$, not earlier than that.
You have it posted on chart as impulsive point E (5800$ which was reached in 4 days time).
Now comes potential consolidation and 6400$ (i.e. 6380 safe/conservative), then downward momentum which will rip out limbs of those staying long by liquidating them entirely and creating massive volume which should trigger another spike and make lower high from that point (i.e previous higher high (5800), but that comes later.
For now, lowest on btc we could expect is sidewalking several days towards 5400$ level as enabling altcoins to express themselves.
Don't take me wrong, i'm just trying to be precise.
I don't mind getting critics.
Any constructive ideas and critics are welcome.
Regards guys.
Wish you happy earnings.
tonywantsacookie
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The BNBUSD is also looking corrective on weekly with a spinning top candle and oversold with volume tapering off.