HI Guys. As BTC dropped down there are literally few coins which bounced off and probably can give us at least small profit.
One of these is Binance coin. BNB has just bounced off from a big support. It didn’t cross this support since end of April 2018. It tried 3 times but luckily didn’t manage. This time we also bounced off from 0.0014336.
When watching Weis Wave chart we can see clearly new demand waves has shown up. Small supply on the horizon. We also broke the resistance marked up by all local previous heights (red line). When observing Ichimoku Cloud indicator we can see price broke TenkanSen (red line). Let’s wait if it was for good. We need couple of bars more. Moreover positive info from MACD – bull’s cross just happened.
What do you think guys? Will it be possible to earn some money investing in BNB? You opinions are highly appreciated. :)
Thanks for being here. HUGE HUGS! WBM Team
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Ichimoku Cloud and MACD
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Guys. Chart looking good. Another bullish signals on chart
i think a side from most the TA i saw which advice that we will go down . i think BNB is a unique choice as it is one of the only coins that has a propose and that propose keep getting better and better every time they burn coins . so i will give it 70% that we will go up
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@msobh, Thought about buying in then read Binance have just reduced the trading fee from 50% to 25% for holders of BNB.
Also very strong resistance at 18k sats, I will keep an eye on this one