The TA is simple here.
Do not buy BNB. Not just yet atleast.
It's dumping hard like every other thing in crypto sphere after the recent pump.
Now, wait for it to bounce from 12400.
See if it holds.
It's the previous bottom since it's all time high.
See if it consolidates around that area.
If it breaks 12400, next stop is 10200.
Imo 12400 will break this time and ...
Previous analysis available here and definetly you should check it out.
Ive mentioned that this time TA is not going to work because fundamentals are more important, long in play based of "fake breakdown" looking to add to long above 0.0017 and 0.0018
Time is a key here...
Welcome back. Still no major movements in the crypto world but with few exceptions.
One of them is BinanceCoin.
We had a strong bounce up - 20% over the last 24h.
The reason for such a surge is that Binance exchange has signed a partnership with Tripio which offers a thousand places to sleep. From now you can book a room using BNB. This is really ...
I am looking at Binance Coin (BNBBTC) on both the daily and weekly time frames.
I actually looked at BNB two days ago, just before it started to move and it is looking pretty now.
We have a very strong break on the daily RSI, now reaching above 75.
The weekly RSI is also going bullish after coming out of oversold.
The weekly chart is very telling; left ...
$BNB / $BTC here is a chart update on this one.
Overall Score: 65.35%
Open communication channels: 100%
Team strength: 21%
Product strength: 56%
Coin strength: 98%
Business/Company strength: 60%
Brand awareness/Buzz: 40%
Advisory board strength: 0%
Activity on social media: 75%
Purpose: High performance exchange, Discounted ...
Analysis based on pure PA and RSI. Trends drawn from Monthly/weekly support and resistance.
0.382 is the target for BINANCE:BNBBTC in coming weeks.
BUY ZONE in Golden Pocket is the extreme range for BNB/BTC. For now its temporary long ( correction).
A lot of alts a showing good signs at the moment but sad to say $BNB is not one of them.
-Prior Bearis Divergence
-Bearish Fan Pattern
-Bearish complex head and shoulders
- 50% discount
Stay Safe Amigos!