The weekly USD chart shows us a combination of candles indicating both a double bottom and the equivalent of a bull hammer - The Daily BNB/BTC chart shows us the candles are on bullish support of the 1x1 fib ray and pushing thru the arc pair. We should see price action when the candles exit the arc, in the event of the candles breaking the blue 1x1 thhe price...
Binance coin made a pullback yesterday as it hit the resistance level around $11.
As long as the support area around $9.50 hold price we can expect a new rally towards the resistance and potentially $14.
If price starts falling down below the support area even though the fundamentals are good, it is best to sit on the sidelines before the bulls take control once...
This one could find resistance at 10.45, but what we really like is to point out that BNB and other coins sponsored by exchanges are relevant to the crypto community because that is the best way to pay the fees. Take Binance for example, if you don't use BNB to pay the fees then they will take from you a small part of your coins to pay the fees, Binance is making...
I like bnb coin since its binance coin
it gives users of the platform the ability to get 50% off fees blah blah blah
so its gonna go up regardless
if it faces another wave down then its a great point for entry and 2000% profit
i will explain later in another analysis
besure to wait for resistance breaks and the yellow wave 3 and the purple wave 2 to be...
