Binance Coin is on excellent bullish levels on its 1D technical outlook (RSI = 62.807, MACD = -6.290, ADX = 39.595) as it is trading inside a 6 month Channel Up. Yesterday it crossed over the LH trendline, confirming the continuation of the bullish wave. The last breakout hit the 1.618 Fibonacci extension. The trade is long (TP = 950) aiming for the new 1.618 Fib.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.