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#1 | Binance Coin vs Tether (BNBUSDT)
Binance Coin / TetherUS
Long
#1 | Binance Coin vs Tether (BNBUSDT)
By AlanSantana
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Nov 1, 2021
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Nov 1, 2021
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:
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.
alansantana
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