CobraVanguard

Update on BNB: 500$ can be Reached!

Long
BINANCE:BNBUSDT   Binance Coin / TetherUS
Last time we Talked about Binance Coin,BNB was in a Symmetrical Triangle & The Trend was Unclear To Us. Right now The Bullish Break out Has Happend and We know For a Fact That It's Not Gonna Be bearish Soon. So Right now BNB Has Touched It's Resistance (440$) and Done a Healthy Reaction and Decreased From There.This is a Normal Movement.The Price Even Touched EMA 50 and Made a Pullback So This Means The Price might have Done It's Complete Correction Right now! EMA 20 & 50 are also Wide Open From Each other which Means The Trend Must Continue. EMA 200 Is also a Big Thing To Struggle with and If it manages to Break this Line, The way to 500 $ is Guaranteed! But Firstly It Must Break 440$ as well. and after That a Pullback is Required For Increasing to 500$.


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