While it is into a support-and-resistance level, there are two possible movements. It can form a cup-and-handle pattern, which indicates the continuation of the trend. The secound possibility is for it to enter in a downtrend after breaking the cup-and-handle pattern.
Eurasia Mining has spiked over 200% on almost 14x average volume. This is a huge move with a lot of momentum behind it. That being said, there is likely a lot of profit taking to come.
The market has strong potential resistance at 1980-2005. Will it be strong enough to trigger a reversal? Maybe. It is the confluence of two 1.618 Fibonacci projections. If the...
I expect that the BNB price will go down until September, because the conflict between ChinaxEUA.
After this, I expect a big increase on BNB price. This market is not defined yet, it's only a vision.
