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 <><>
Kommentar:
Looks like Bnb is going to be over $16 very soon
Kommentar:
This interesting short documentary will explain why your funds are safe www.youtube.com/watch?v=DelF6zEH...
Kommentar:
Double bottoms on both charts
Kommentar:
Bull pennants
Kommentar:
These bull pennants :P
Kommentar:
...and for the full house of good news indicators, Wedge Breakout - Classic textbook patterns from Bnb
Kommentar:
Bull pennants trying to break
Kommentar:
Pennants got pushed back - Bnb plays the chart by sliding along the top of downtrend to meet the uptrend, nearly at the cloud now
Kommentar:
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
Kommentar:
Touchdown! Went the whole way and hit the actual uptrend - Up from this price now
Kommentar:
Back up thru the fib
Kommentar:
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
Kommentar:
Last day before the new Monthly candle and prices are starting to move - Positive signs +
Kommentar:
Kommentar:
Bnb at basic downtrend resistance
Kommentar:
Funds still safe - Very safe
Kommentar:
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
Kommentar:
It's likely the top prices against Btc are in this area
Kommentar:
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
Kommentar:
Bnb will slip more against Btc
