First, let's just look at the weekly chart of BNB. This is big:
BNB vs ETH may have found some key support at this level, so we could see some outperformance here:
Zooming in a bit further into the 4hr chart, BNB just confirmed if you use the 240min time frame as your confirmation for diagonal trend line breaks:
I've always been a huge fan of Binance Coin since it's a key player and major beneficiary of crypto trading. Nothing fancy. Simple
BNB vs ETH may have found some key support at this level, so we could see some outperformance here:
Zooming in a bit further into the 4hr chart, BNB just confirmed if you use the 240min time frame as your confirmation for diagonal trend line breaks:
I've always been a huge fan of Binance Coin since it's a key player and major beneficiary of crypto trading. Nothing fancy. Simple
Nota
Bigger picture... Can go as low as 36 and still be bullish. 1hr chart is now invalid but not the weekly time frame:Nota
As said in the update above, the weekly chart never invalidated the bullish posture even when BNB hit 36, which happened to be the local low. First target remains to be 66 followed by 101.Nota
Weekly time frame we're seeing BNB bull flag against ETH just above the former all time highHere's the daily look:
BNB is a monster
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.