Let's get straight to it and start by looking at the daily timeframe for Binance Coin vs Bitcoin, this is the main chart above.
Remember that charts are always changing, so a bullish chart today can become bearish tomorrow... Always have a plan before you decide to trade... Let's continue!
Here we have the weekly chart for Binance Coin (BNBBTC)

After a new low was hit, BNBBTC bounced and prices are currently trading above EMA100, weekly candle closes today for signal confirmation.
Resistance is now being met at EMA10 (0.0020477), this is a very important level.
Additional information can be found on the chart.
Thanks a lot for reading.
Namaste.
- Here we can see a strong reversal candle (circled in light blue) and also a cup pattern, this can result in mainly two scenarios...
- BNBBTC goes straight up if prices can conquer EMA50 (0.002309) today.
- Prices can also print a small drop before moving up, this would complete the classic cup & handle pattern.
Remember that charts are always changing, so a bullish chart today can become bearish tomorrow... Always have a plan before you decide to trade... Let's continue!
Here we have the weekly chart for Binance Coin (BNBBTC)
After a new low was hit, BNBBTC bounced and prices are currently trading above EMA100, weekly candle closes today for signal confirmation.
Resistance is now being met at EMA10 (0.0020477), this is a very important level.
- Conquering EMA10 can lead to a 55% jump, easily.
- But if prices for BNBBTC retrace and close below EMA100 (0.0019604), we will test the lower support (red arrow).
Additional information can be found on the chart.
Thanks a lot for reading.
Namaste.
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💥💥💥 Early 2025 Results (NEW)
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.