Bitbloxx

BNB - Another Hike on the cards?

Long
Bitbloxx Updated   
BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB Community Coin of the Month voting is just around the corner. As we have seen over the past months, it has proven to be a catalyst for Binance Coin, as demand increases. Keeping our hopes high from Round 9 of Community Coin of the Month voting scheduled for 27th August - 31st August 2018, we are eyeing a target of ~$11.60 (Upside of over ~14% from current value).

Traders are advised to go long at market ($9.97 as we write this), keeping room for accumulation at the less likely retest of lower trend line illustrated with a green mark on the chart. We will keep our followers posted on further developments and any changes that we make to the position.
Trade active:
Trade is in line with our expectations. Partial profit taking advised at $11.60.

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