Welcome to this analysis about Binance-Coin and the weekly timeframe perspective. The cryptocurrency market these days is shifting constantly and the divergence between certain cryptocurrencies is increasing more and more. This is why there are crypto coins that show high bullish potentials while others form more bearish setups. In this case, I detected a main bullish potential coin with Binance Coin and therefore I am explicating the main structural developments, upcoming potentials and how the whole formation finally completes. As when looking at my chart we can watch there how Binance Coin is building this huge massive paramount ascending-triangle-formation and already severely bounced within the 35-EMA in red and the 15-EMA in green within this formation. Besides that Binance Coin has a coherent wave-count within the formation reaching from A to C which has already almost been completed. Now with the finalization of the wave-C Binance Coin is testing the lower boundary of the formation and the EMA structure within there. When Binance Coins manage to bounce appropriately and bounce in the lower boundary to breakout above the upper boundary this will complete the whole formation and upper target determinations will be activated with BNBUSD setting up to a continuation. In this case, we need to watch out how BNBUSD bounces above the 660 USD level to complete the formation as it is shown in my chart, when this happens in a profound manner we can expect and prepare on the further continuations to follow up, it will be an interesting journey ahead.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "Good fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
Vince the prince is not a real person and this is a fake picture. It's all fake and made up even his charts it's all a made up illusion created by Wales to make you think that he knows what he's doing with the technicals that I given and the price is going to pump.or dump its called manipulation by deception for personal gain.
Atabak_soltani
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good
simpsonepic1a
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Yes great!!
FOREXN1
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Great!
CobraVanguard
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Nicely done
InkyGrip
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amazing ascending triangle. I will wait for a confirmation Thanks for sharing your analysis 🦐
rampman10
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<3
VincePrince
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