Binance Coin VS Bitcoin Strong Uptrend

in binancecoin •  7 years ago 

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Binance Coin recently has been showing one of the strongest rises against the Bitcoin. Since 9th of March price went up from 8300 satoshis up to 16700 satoshis, gaining over 100%. The trend remains heavily bullish as price continues to produce higher highs and higher lows.

Currently a correctional wave down is taking place, which has found the support at the 3/1 Gann Fan trendline. If the trendline holds, BNB/BTC is likely to continue moving higher to produce a double top around 18k satoshis. Break and close below the trendline should extend the correction down to 12k satoshis area.

Source: http://cryptopost.com/binance-coin-vs-bitcoin-strong-uptrend/
Telegram channel: https://t.me/cryptopost

binance coin cryptocurrency bnbbtc technical analysis.png

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