Binance Coin Ascending Channel

Binance Coin (BNBUSDT) also seems to be consolidating on the bullish side.

Prices remain trading above EMA10, which favors the bulls short-term.

Prices trading above EMA50 favors the bulls mid-term.

Prices trading above EMA100 favors the bulls long-term...

As long as BNBUSDT stays above the EMAs, we are bullish...

Below the EMAs the bullish bias weakens but still remains.

Any trading above the last low (red lines on the chart) and we expect higher prices maybe in days, weeks or months.

Additional details on the chart.

Namaste.