Binance Coin (BNB) "W" Pattern | Bullish Chart

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Let's start by noticing the "W" Pattern we recently described with ZENBTC (see below):
The "W" Pattern Explained


We also have a double bottom and prices already starting to increase.

We have very strong/bullish indicators, I am referring to the RSI and MACD.

A break above MA200/EMA200 (black/brown lines) is also visible as we close this week.

Binance Coin vs Bitcoin (BNBBTC) is looking really good... We will see more, we wait patiently until our next target hits.

Here we mapped an easy 32% of potential profits.
This is a solid project.

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Namaste.
Kommentar
The bullish bias remains valid as long as prices stay above EMA50.
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