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Binance Coin (BNB) "W" Pattern | Bullish Chart
Binance Coin / Bitcoin
Long
Binance Coin (BNB) "W" Pattern | Bullish Chart
By AlanSantana
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Updated
Jul 15, 2020
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Jul 12, 2020
Let's start by noticing the "W" Pattern we recently described with ZENBTC (see below):
We also have a double bottom and prices already starting to increase.
We have very strong/bullish indicators, I am referring to the RSI and MACD.
A break above MA200/EMA200 (black/brown lines) is also visible as we close this week.
Binance Coin vs Bitcoin (BNBBTC) is looking really good... We will see more, we wait patiently until our next target hits.
Here we mapped an easy 32% of potential profits.
This is a solid project.
Hit LIKE and FOLLOW to see more from me.
Namaste.
Jul 15, 2020
Comment
The bullish bias remains valid as long as prices stay above EMA50.
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