BNB Analysis
Before i start my analysis , i must say BNB has a such a beautiful chart, solid uptrend since the token came into existence, i am not surprised as this token represents Binance, which is now largest crypto currency exchange.
My long term target is mentioned in the chart with the flag sign.
For short see below chart:
Currently 4 hr is making a solid bull-flag which is saying continuation of uptrend. Overall daily suggests the bull trend as well. RSI is little bit overbought on 4 hr due to ongoing voting which requires people to buy and hold to vote in Binance.
We closed above the resistance yesterday , and today we are re testing it. If it fails green box is where i will enter.
Leave a like if it helps. I would really appreciate a follow as well
And dont forgot to vote for your favourite coin on Binance, i voted for PundiX. Let me what you voted for below. :)
My long term target is mentioned in the chart with the flag sign.
For short see below chart:
Currently 4 hr is making a solid bull-flag which is saying continuation of uptrend. Overall daily suggests the bull trend as well. RSI is little bit overbought on 4 hr due to ongoing voting which requires people to buy and hold to vote in Binance.
We closed above the resistance yesterday , and today we are re testing it. If it fails green box is where i will enter.
Leave a like if it helps. I would really appreciate a follow as well
And dont forgot to vote for your favourite coin on Binance, i voted for PundiX. Let me what you voted for below. :)
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