TheTradersRoom

BNB Feb 7 Breakout Update

Long
BINANCE:BNBUSD   Binance Coin
Sharing one of my favorite #crypto coin update from TTR

We have been tracking it perfectly all the way from Oct lows.
TTR is very long this coin and its on its way for a breakout!

- Bulls must break above 309
- Bears must hold 296

Binance gets associated with China, and I assume it should start to outperform BTC and potentially even ETH into a mid-month high. Saying that - I will start to cut at 371 and above 400 levels.
Comment:
I made a little mistake or an underestimation for BNB. It’s not targeting $400; it’s actually targeting the $505 level! This is a normal C&H target, which the price just broke out from multi month consolidation!

I’m very bullish on #BNB!

www.tradingview.com/chart/uUTEEd1i/

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