I as I looked at BNB and thought of the fundamentals I could easily see BNB create a few different scenarios.
scenario 1 : Price pulls back making a W formation (blue arrows range).
scenario 2: Price creates an inverted head and shoulder and is in a right shoulder range touching 11.50 - 12.00$ (green arrows range)
scenario 3: Price continues to shoot up to 11.50 - 12.00$ without much pull back.
Overall this idea expresses BULLISH MOMENTUM to 11.50$ or a little higher.
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Fundamentals to support this idea
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.:. Bullish News .:.
Binance will offer remote jobs, they'll have a binance card soon, binance DEX is coming, and they want to work with xRapid as partners and hope that happens down the road. THERES MORE but I dont wanna give it all away. But I will say I'm holding binance coin!
Source Twitter Feed by CZ: www.pscp.tv/w/1mrxmYRaXYnxy
SNEAK PEAK of DEX: www.youtube.com/watch?v=wN1Uvor4...
.:. Bullish News .:.
Applicants are submitting for their builds in Q1 during the second season of binancelabs incubation program.
Source: www.binancelabs.co/
.:. Bullish News .:.
January 16th coin burn of over $9.4 million worth of BNB. 5% is Currently burned. Up to half will be burned overtime.
Source: www.binance.vision/b.../what-is-a-coin-burn
.:. Bullish News .:.
Binance Launchpad was launched
The Launchpad project is a fundraising platform upon which tokens can be launched. A similar concept to the Ethereum platform and raising ICOs, Launchpad has already taken off with the recent BitTorrent BTT sale which sold out, raising $7 million in under 20 minutes…
Source: www.ccn.com/binance-...ng-project-launchpad
scenario 1 : Price pulls back making a W formation (blue arrows range).
scenario 2: Price creates an inverted head and shoulder and is in a right shoulder range touching 11.50 - 12.00$ (green arrows range)
scenario 3: Price continues to shoot up to 11.50 - 12.00$ without much pull back.
Overall this idea expresses BULLISH MOMENTUM to 11.50$ or a little higher.
---------------
Fundamentals to support this idea
---------------
.:. Bullish News .:.
Binance will offer remote jobs, they'll have a binance card soon, binance DEX is coming, and they want to work with xRapid as partners and hope that happens down the road. THERES MORE but I dont wanna give it all away. But I will say I'm holding binance coin!
Source Twitter Feed by CZ: www.pscp.tv/w/1mrxmYRaXYnxy
SNEAK PEAK of DEX: www.youtube.com/watch?v=wN1Uvor4...
.:. Bullish News .:.
Applicants are submitting for their builds in Q1 during the second season of binancelabs incubation program.
Source: www.binancelabs.co/
.:. Bullish News .:.
January 16th coin burn of over $9.4 million worth of BNB. 5% is Currently burned. Up to half will be burned overtime.
Source: www.binance.vision/b.../what-is-a-coin-burn
.:. Bullish News .:.
Binance Launchpad was launched
The Launchpad project is a fundraising platform upon which tokens can be launched. A similar concept to the Ethereum platform and raising ICOs, Launchpad has already taken off with the recent BitTorrent BTT sale which sold out, raising $7 million in under 20 minutes…
Source: www.ccn.com/binance-...ng-project-launchpad
Comment:
If we get a nice pullback I will add more to this idea with entries. Right now there is no good entry to take this trade.
Comment:
BNB following Blue Arrow Trail.
Comment:
Possible double head here or 3 valleys down. Chart still printing longer term direction.
Comment:
38.2% resistance zone. Lets see what it does here.
Comment:
price heading to 11$
Comment:
11$ TP achieved