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JoshMcGruff

$BNB way oversold and announced Q4 Token Burn

Long
Binance Coin / Bitcoin (BINANCE:BNBBTC)  
JoshMcGruff  
BINANCE:BNBBTC   Binance Coin / Bitcoin
Trend Analysis Chart Patterns Technical Indicators BNB BNBBTC binancecoin binance Cryptocurrency cryptotrading
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trendanalysis chartpattern indicator bnb bnbbtc binancecoin binance cryptocurrency cryptotrading
BNB is extremely oversold on the 1D and yesterday the Q4 Token Burn was confirmed via Binance.

We've seen a shift from bearish Heikin-Ashi candles to Bullish with a spinning top and currently (while not closed) a Doji.

This could indicate a trend reversal shifting back into Bullish as it also is sitting on a horizontal support.
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