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DLavrov
Apr 21, 2019 5:47 PM

Binance Coin - Not Far From The Falling 

Binance Coin / TetherUSBinance

Description

The market made a good upward movement and reached ATH. We have a resistance zone between 24.00 and 25.00 levels and the 1st attempt to pass this zone. More likely that the price will bounce and correct the previous movement. It will be logical if we can use this word and this market together. For confirmation of the price reversal we need to wait for the close price of the daily candle. If it is below 24.00 level and the bearish candle is strong, we will get the 1st signal confirming the bouncing from the resistance.

RSI is going to confirm the price reversal in the overbought zone. MACD histogram and in some timelines will be able to support a possible downward movement. The market looks overbought and the downward movement in the medium term will be a logical movement in the bullish structure.
Comments
Trendbeat
Nice zoomed out view! Its been pumped for a while now...

The BNB us the perfect NEET Crypto.
Company actually has a current sellable use case for it, creates it's own new money, a token.
Realistically it has no reason to be anything other than a stable coin if we are fair... Placeholder... or actually be worth a lot in market cap... but why the hell not.
Creator holds majority of supply does hyping FOMO sets in... PnD from time to time. No way to short it... Lol.
Funds are safu...
Still you can earn money. I get that. Bigger fool and all that. Good luck. :-)
AscendingTriangleLover
Nice, i'm waiting break out
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