Binance Coin - Is the rally already over?
Hello Traders and Investors, today I will take a look at Binance Coin.
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Explanation of my video analysis:
Binance Coin is currently clearly retesting a major resistance at the previous $700 level which was also the all time high of Binance Coin. Since we did not see a break above yet, there is simply a higher chance that we will see a (short term) move lower. If you are not in a position on BNB yet, you can potentially use this anticipated drop to enter a fresh trade.
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Keep your long term vision,
Philip (BasicTrading)
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Explanation of my video analysis:
Binance Coin is currently clearly retesting a major resistance at the previous $700 level which was also the all time high of Binance Coin. Since we did not see a break above yet, there is simply a higher chance that we will see a (short term) move lower. If you are not in a position on BNB yet, you can potentially use this anticipated drop to enter a fresh trade.
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Keep your long term vision,
Philip (BasicTrading)
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Click here: basictrading.net
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Keep your long term vision.
Click here: basictrading.net
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Keep your long term vision.
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