Binance (BNB): Higher Highs Could be More Likely Than Lower Lows

in binance •  7 years ago 

SUMMARY

Binance (BNB/USD) has been correcting since late December and the first ABC has been an expanded flat type. The basin phase of the rounded price formation has also been completed and the overall pattern reflects a rounded price formation (white arrow).

Price broke out of the white symmetrical triangle and has started to form a second (blue) and the MACD is reflecting these price actions. Typically, once the right wall of the pattern is built with height equal to the left side, there is a 50% correction and that correction could also morph into a second rounded price formation. The next week should provide better resolution.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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One of the coins with a real use case.. thats it .

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BNBBinance Coin12.116$-2.7%8.82%
EOSEOS5.973$1.06%5.03%
QAUQuantum0.096$0.29%-7.06%
WAVESWaves3.633$1.87%2.77%

Let's go BNB! A little while back I believe that it was close to $20...and then this huge correction that we have all been feeling. Ok, some may call it a 'crash,' but you know we are on the rebuild! A couple months back and right after the big dip I started grabbing some BNB and continue to grab some here and there while trading on Binance. Come on people! A token that is put out by a currency exchange? And a very busy one at that? This coin is bound to get some size again...I hope! I mean Binance trades some of the highest volumes out of all of the popular exchanges! Thank you as usual for the information and food for thought. -Respect

What do you predict for cryptos this year?

I like BNB, for the many times I find luck with it

What do you think about this analysis?
DQmRVrGGXhSRgYwj5bEa3XiF1UtBRsg19CY4mh13qEMv1Mv_1680x8400.png

Binance going to take off!
Changpeng Zhao transparency, and regular updates makes Binance one of the leading brokers. Keep up the good work!

Hi boss am always happy you are around, you just can't stop dropping the hot work, more from you boss..

What do you think about this analysis?
DQmRVrGGXhSRgYwj5bEa3XiF1UtBRsg19CY4mh13qEMv1Mv_1680x8400.png

Bnb is also a coin that is actually used right now. I think the community needs to focus on coins as such or coins that roadmaps complete soon. Real utility, and stop dreaming.

If we're lucky, i hope this is the form BTC is taking right now...looking shaky, but still a possibility...we shall see

Check out @TruthTrader. It tracks Haejin's performance. I give #Hgin a BIG FUCKING F For FUCKING FAILURE!!!!

  ·  7 years ago (edited)

Thank you for review. Maybe good time to buy more.
Binance BNB is No1 Cryto exchange 2018. Great exchange low fee.

A lot of cryto traders trade BTC at Binance or Bittrex. Both are safe exchanges.

Newbie Please Check out>>> Binance review # Bitcoinnewbies

  ·  7 years ago Reveal Comment

None of you assholes started downvoting him until he received ranchorelaxo's upvotes. If you took out the rr upvotes, and the assholes downvotes, his reputation would be in the high 60's, just like yours.