Binance Coin / US Dollar | Bulls Have Upper Hand

We just looked at Binance Coin vs Bitcoin (BNBBTC), the link will be shared below.

At the request of one of our readers, we are now going to be looking at Binance Coin vs US Dollar... The bulls have the upper hand.

Here we have a slow and steady recovery just like we see on the Bitcoin (BTCUSD) chart.
Prices are now moving pass EMA50 which is a very strong resistance.

The MACD is bullish and the RSI strong.
Closing and staying above EMA50 (14.81) can push BNBUSD higher.

Overall the chart is leaning more towards the bulls but this setup leaves the doors open for easy and fast change.
Make sure to have a plan if you decide to trade.

This is Alan Masters...

Binance Coin Gains Momentum (Everything Is Clear Now!)

Namaste.