$BNB Post Fetch.AI ICO Retrace
Updated
It has been an incredible 2019 for Binance thus far. Up nearly 80% as we have seen new All Time Highs.
All technical indicators are looking over exhausted. Additionally, the Fetch.AI ICO is raising 15mm in
BNB, exclusively. With the testate already going live and the FUD/FOMO surrounding this ICO on the Binance Launchpad, I expect Binance Coin to retrace to 220k range, which also lines up with the .382 Fib level. I will be targeting that range to begin re-accumulating.
Always looking to accumulate more BNB. If CZ manages to announce margin trading over the next few months, $16-19/coin is most definitely possible as I foresee incredible FOMO volume coming in on that caliber of news.
Note: I am not a financial advisor. Nothing here should be construed as financial or investment advice. I am solely sharing my market outlook.
All technical indicators are looking over exhausted. Additionally, the Fetch.AI ICO is raising 15mm in
BNB, exclusively. With the testate already going live and the FUD/FOMO surrounding this ICO on the Binance Launchpad, I expect Binance Coin to retrace to 220k range, which also lines up with the .382 Fib level. I will be targeting that range to begin re-accumulating. Always looking to accumulate more BNB. If CZ manages to announce margin trading over the next few months, $16-19/coin is most definitely possible as I foresee incredible FOMO volume coming in on that caliber of news.
Note: I am not a financial advisor. Nothing here should be construed as financial or investment advice. I am solely sharing my market outlook.
Note
Correction**Fetch ICO is has already 15mm .On the Binance Launchpad, it states that the hard cap is 6mm. They already had a private round where they raised 15mm.
The remaining
6MM will be raised in BNB.Note
Correction** Testnet*; not testate
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