Hello everybody, to be honest, I am a little bit surprised by current market behavior.
The fundamental is not positive latest week for whole crypto, but in case of BNB is catastrophic.
Since 12 of Feb we had big portion of FUD to Binance again, and now SEC attacked BUSD that does not relate to Binance and emitted by another company.
Before that, SEC attacked Kraken and prohibited of staking crypto.
Finally, yesterday congress invited SEC with some report and suggested preparing some recommendation what to do instead of attack everything.
BNB retested $281 price that is support line since 18 of Jan and buyers bought back price to previous support level of 300.
The most popular coins prices is returned.
I see now the good price for enter to BNB and big potential. In complex with high stop loss for case of another fud.
The fundamental is not positive latest week for whole crypto, but in case of BNB is catastrophic.
Since 12 of Feb we had big portion of FUD to Binance again, and now SEC attacked BUSD that does not relate to Binance and emitted by another company.
Before that, SEC attacked Kraken and prohibited of staking crypto.
Finally, yesterday congress invited SEC with some report and suggested preparing some recommendation what to do instead of attack everything.
BNB retested $281 price that is support line since 18 of Jan and buyers bought back price to previous support level of 300.
The most popular coins prices is returned.
I see now the good price for enter to BNB and big potential. In complex with high stop loss for case of another fud.
Trade active:
Take profit 1 reached.