BTC flash crash dragged BNB down but now it's finally the time for another moon trip. It's getting support from this trendline and has done a 0.5 fib retracement already after that crazy break-up from the triangle.
BNB finding support from trendline and might possibly break up the symmetric triangle soon. Depends on BITSTAMP:BTCUSD also - if it heads for new ATH, BNB will surely moon again.
BNB is the only coin which is actually used for something. Binance Card users get is as cashback, and all Binance traders need to #HODL at least 50 BNB to get VIP 1 level for lower fees and interests. You can also pay for fees with BNB to get a discount... then you need to buy more BNB for holding. BNB/BTC is also rising all the time. BNB is better than bitcoin...
Ok guys, ive been long since my last post and I think 49K is the next target. It would be a normal retracement upwards from this downtrend, and if it moves above that area, it's a sign of trend reversal and we can set a new TP higher. Otherwise I recommend selling at 49K.