$BNB is be very resistant to the bear market providing approximately 50% gains since the beginning of the month.
It has formed a nice channel trend for the moment and is approaching support where I will be entering the trade for a longer term hold.
It's no secret Binance is a large player in the Crypto Space, and as long as no one knocks them off their throne, I wouldn't expect anything less from this coin.
The Stoch is bottomed out on the 4HR and if it and the MACD start to curve back up, will make Higher Lows for price and lower lows for the indicators confirming hidden bullish divergence.
Day traders can play the channel as long as it respects it collecting 10-15% per trade while longer term investors can enjoy the overall gains.
It has formed a nice channel trend for the moment and is approaching support where I will be entering the trade for a longer term hold.
It's no secret Binance is a large player in the Crypto Space, and as long as no one knocks them off their throne, I wouldn't expect anything less from this coin.
The Stoch is bottomed out on the 4HR and if it and the MACD start to curve back up, will make Higher Lows for price and lower lows for the indicators confirming hidden bullish divergence.
Day traders can play the channel as long as it respects it collecting 10-15% per trade while longer term investors can enjoy the overall gains.