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Lets get right to it!!!
BNB has secretly been moving up under everyone's eyes including mine until yesterday when i took
a look at the BNBBTC chart and had discovered that it has increased by over 20% in 11 days and looks
to me steadily going up. If we BREAK ABOVE the the 19000's level with good momentum as well as
STRONG INCOMING volume hold on because this will RALLY up to nearly 27000 sats! you may be
asking yourself what is causing BNB to go up In a broader sense, financial market considers expansions
a sign of bullish momentum. As Binance makes it move to enter new territories, its likelihood of achieving
its quarter revenue goals is high. As a result, speculators are feeling comfortable holding its BNB token,
even though it is a mere utility coin, not security or equity.
A few important points to consider for BNB
1. we are at a resistance level right now as we can see in April of 2018 we hit this same level of resistance
and retraced quite significantly.
2. On the 4 hr we can see that the Stoch RSI is looking BEARISH but on the other hand you have you MACD looking BULLISH.
Also if you want more ACTIVE UPDATES on my PERSONAL POSITIONS involving BINANCE and BITMEX ASK me about becoming a VIP member
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Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!