Binance Coin setting up for a move higher on all time frames
First, let's just look at the weekly chart of BNB. This is big:
BNB vs ETH may have found some key support at this level, so we could see some outperformance here:
Zooming in a bit further into the 4hr chart, BNB just confirmed if you use the 240min time frame as your confirmation for diagonal trend line breaks:
I've always been a huge fan of Binance Coin since it's a key player and major beneficiary of crypto trading. Nothing fancy. Simple
BNB vs ETH may have found some key support at this level, so we could see some outperformance here:
Zooming in a bit further into the 4hr chart, BNB just confirmed if you use the 240min time frame as your confirmation for diagonal trend line breaks:
I've always been a huge fan of Binance Coin since it's a key player and major beneficiary of crypto trading. Nothing fancy. Simple
Comment:
Bigger picture... Can go as low as 36 and still be bullish. 1hr chart is now invalid but not the weekly time frame:
Comment:
As said in the update above, the weekly chart never invalidated the bullish posture even when BNB hit 36, which happened to be the local low. First target remains to be 66 followed by 101.
Comment:
Weekly time frame we're seeing BNB bull flag against ETH just above the former all time high
Here's the daily look:
BNB is a monster
Here's the daily look:
BNB is a monster