#1 | Binance Coin vs Tether (BNBUSDT)
Binance Coin (BNBUSDT) is really up there close to its all-time high but it isn't showing any signs of stopping.
Currently, we can see a very strong setup with higher highs and higher lows ever since May's correction.
The All-Time High is set at $691.8 and the way the weekly candle is set up we are expecting higher prices.
Now let's have a look at the MACD:
The RSI is also super strong and this all supports additional growth.
The main low was set back in early December 2018 at $4.1.
Then we have a higher low March 2020 set at $6.4.
What followed was massive bullish action, the May break and now this pair is looking strong.
This is a long-term chart.
Any trading above $211.7 and we remain bullish based on the long-term.
Binance Coin is looking great and can do fast & strong growth.
Potential targets
We are looking at $800, $988, $1171, $1468 and $2245 as future targets.
Thank you for reading.
Namaste.
Currently, we can see a very strong setup with higher highs and higher lows ever since May's correction.
The All-Time High is set at $691.8 and the way the weekly candle is set up we are expecting higher prices.
Now let's have a look at the MACD:
- We have a bullish cross.
- We have the higher lows safely above zero.
- We have the histogram turning green.
The RSI is also super strong and this all supports additional growth.
The main low was set back in early December 2018 at $4.1.
Then we have a higher low March 2020 set at $6.4.
What followed was massive bullish action, the May break and now this pair is looking strong.
This is a long-term chart.
Any trading above $211.7 and we remain bullish based on the long-term.
Binance Coin is looking great and can do fast & strong growth.
Potential targets
We are looking at $800, $988, $1171, $1468 and $2245 as future targets.
Thank you for reading.
Namaste.
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