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Shwayze
Jun 26, 2021 12:36 AM

BNB immediate move upwards, followed by a further fall + BTC  

Binance Coin / US DollarBinance

Description

Interesting patterns, it does look like BTC is starting to consolidate, which matters to BNB and which direction it will take. This one is an immediate move upwards, I do believe it will break the 50MA, and move to the 100MA where it will be rejected and sent down further.

However, the strength of the buyers are seen, and I believe we should soon see a push up by both BTC and BNB

BTC transactions went up today, instead of bouncing off the top, so even though they did not go up a lot, it does mean we potentially saved a crash from happening for now.
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