Hi guys, bnb is really strong coin as you know stock markets make quite a lot of money from futures, when we look at the chart in terms of technical analysis, coin can be bought in the trend re-test, having broken the falling trend from above.
Its not financel advise
BNB has been gaining tons of traction recently. With them burning coins every 3 months, and it being the Binance coin, I'm thinking this could potentially play out.
RSI and MACD moving downwards, volume seems a little low.
Following the massive run it just had, I wouldn't be surprised if it cools off here for a little while
On a daily chart, we do see an opportunity for a big run up in BNB. It has been forming a good cup and handle pattern and with the btc run up has a good chance of breaking through and reaching even higher
Lots of Bullish indicators for this alt-coin following Ethereum obvious bullishness. In fact BNB is Bullish against the Ethereum pair - make of that what you will.
On the 1-day chart above we have price action with support on the 21-day moving average amidst narrowing Bollinger Bands (not visible here) following a life cross (June 2nd) of the 50-day crossing the...
On the chart of BNB we can see the 1-5 elliot wave structure, but we still waiting for wave 5, which could end at 1,618 fib. extension.
In fact BNB has got a potential to grow up about 24%.
btcweb.cz
Relative Strength Index: The RSI is currently at a low 35 points. After dipping below the 30 points threshold twice in the past few hours, it's heading back down once again. If it stays above the 30 points threshold it will continue to drive the market down, if it crossed below the RSI will signal an oversold market and a rebound will ensue.
Bollinger Bands: ...
Facebook recently made an announcement regarding the launch of its own digital currency called Libra. Do you know the zodiac sign “Libra” is ruled by which planet? (in astrology) The answer is “Venus” and that’s the name of the digital currency which is going to be launched by the world’s largest cryptocurrency exchange Binance.
Binance already the largest...
Binance is bullish, but currently is finding resistance at the levels of its latest tops. MACD is bullish and the price above the +1 Bollinger band suggests more upward movement after the consolidation.
Here we go again - another coin analysis after deciding to put some of my private stuff publicly!
As you can see from the graph, we had the first strong signal on daily yesterday.
Today bull is confirmed again on WT_CROSS. We have convergences on all indicators.
Previous high also worked well as support. The midterm and long-term we go up from here.
Imo 90%+...
