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Paul_Erasmus
Feb 26, 2021 5:32 PM

BNB Pennant Indicates 200% Short Term Gain Long

Binance Coin / US DollarBinance

Description

The chart pennant is a perfect 45 deg . The pennant's flagpole gave a 224 point gain which if mirrored will give 200% gain.
Why is this likely?
1 - Currently Binance's Smart Chain is outstripping Ethereum with it's miserable network state and fees.
2 - Binance (IMHO) are one of the most innovative, informative and trusted exchanges out there whose 'numbers' have been expanding rapidly.
The combination of an excellent company and the current failings of Ethereum , together with the massive growth of all things crypto, BNB makes for a very good opportunity for both investor and trader.

Comment

Perfect Target achievement which is now forming good support for the next leg up to 600 (See related idea)
Comments
Chibuike_Odoh
Great analysis
Paul_Erasmus
@Chibuike_Odoh, Thanks Bud
mohammediqbal61429
spot on its going to the moon
Paul_Erasmus
@mohammediqbal61429, Thank you and I do believe so - To the Moon and beyond!
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