Cryptoriate

Binance Coin Technical Analysis

Long
BINANCE:BNBUSD   Binance Coin
BNB maintains a stronger outlook amid the news about many alts will not be available to US customers from Sep 2019. Rallying from $4 in Dec 2018 to $37 in Jun 2019, it is currently trading around $28. BNB uptrend is intact, and it could prove as a good buy in upcoming months due to its utility and fundamentals of the Binance Exchange.

BNB-BTC:
BNB is performing much better against BTC as compared to ETH. The overhead resistance is at 0.03. The possible support levels are the fibs highlighted in the chart.


Disclaimer: This article is not intended as an investment advice and published for educational purposes only. BTC markets are highly volatile and risky in nature. DYOR before making any investment decision rather than listening to a stranger over the Internet.

Disclaimer

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