Bitbloxx

BNBUSDT - TRADE IDEA

Long
Bitbloxx Updated   
BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB has defied gravity and defied market for last few months, giving astonishing returns of 500% approx.

This is on back of Binance rolling out one initiative after the other, such as DEX, IEO, Binance Chain etc.

Currently Binance faced industry's most troubled nightmare, that is, being hacked for 42mn. The amount is insignificant for binance, however, the impact on exchange's clean record took some damage.

Binance has lot to offer going forward and we believe that future is very bright for BNB as well. Few things to note are:

Margin trading coming out VERY soon
Binance stable coin in works
new Binance IEO to be announced soon
lottery to continue, holding period will be substantially reduced

Each of these can and most likely will trigger upside for BNB. We have mentioned accumulation levels on the chart.

Happy Trading!
Trade closed: target reached

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