What normally happens in a breakout like this is the candles slide down the outside of the downtrend they just broke - They then power up again once they hit the uptrend or the cloud - I have seen them go early before many times though, but always after some sliding like you can see on the chart - Binance are amongst the best placed to open one of the new decentralised exchanges and have plans to do so - Holding Bnb isnt far off holding shares in the company - Bnb has been a market hedge for some months now, you can see on the Hedge Master chart linked beneath that it has a different shaped chart to the major coins and Btc <><> This is more a reference chart for longers but if you're looking for targets you have the major fibs, I will publish more detailed charts when things happen <><>
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Looks like Bnb is going to be over $16 very soon
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This interesting short documentary will explain why your funds are safe www.youtube.com/watch?v=DelF6zEH...
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Double bottoms on both charts
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Bull pennants
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These bull pennants :P
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...and for the full house of good news indicators, Wedge Breakout - Classic textbook patterns from Bnb
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Bull pennants trying to break
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Pennants got pushed back - Bnb plays the chart by sliding along the top of downtrend to meet the uptrend, nearly at the cloud now
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Bnb getting kicked down with the rest of the market, approaching the 50% fib, the cloud and the uptrend, should get a bounce off one off those soon
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Touchdown! Went the whole way and hit the actual uptrend - Up from this price now
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Back up thru the fib
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Bnb got hijacked like the rest of the market and the price hit the sub uptrend - It was unusual to get knocked back by the fib after breaking it so decisively last week - Price is back on track now and should see $16-$20 depending on the strength of the whole market
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Last day before the new Monthly candle and prices are starting to move - Positive signs +
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Bnb at basic downtrend resistance
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Funds still safe - Very safe
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If the price can stay on the ascending support the the price will finally pop the 100% fib and stay above $16 in a range up to $20
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It's likely the top prices against Btc are in this area
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After being the best performing coin all month Bnb has claimed the 61.80% fib - Is this the top for Bnb? No, if this fib holds then this is the new bottom - Currently in the range of $16-$20
Komentarz:
Bnb will slip more against Btc
