BNB showing a little weakness

6. Mai 2019

Bnb continues to show some weakness vs BTC. It fell below the .004 area it bounced from numerous times before which isn't a great sign. It is slowly grinding down, and could be a sign that a move to .0036 is potentially coming. Resistance continues to be .0044. On lower timeframe charts you can watch to see if .004 does become old support turned resistance, which is looks like it maybe have done on the 1hr chart. This is bearish, and does help confirm a move to .0036 is potentially very likely.