BNBUSDT Long-Term Analysis
Hello guys
BNB is in an uptrend path in weekly charts. Yet, in daily chart there is a slight divergence in RSI and MACD. The good news is that Binance is currently thriving and we are going to see high prices.
In my opinion, now is not a good time to enter because the 32 dollar are is risky. However, if buyer can push the price higher than 32$ and we can positive signs in 4H time-frame, my first target would be around 35$.
But, if bearish trend prevails, there is a strong support around 26$.
For those having BNB and not planning to sell, i recommend adding. I see a bright future for BNB.
BNB is in an uptrend path in weekly charts. Yet, in daily chart there is a slight divergence in RSI and MACD. The good news is that Binance is currently thriving and we are going to see high prices.
In my opinion, now is not a good time to enter because the 32 dollar are is risky. However, if buyer can push the price higher than 32$ and we can positive signs in 4H time-frame, my first target would be around 35$.
But, if bearish trend prevails, there is a strong support around 26$.
For those having BNB and not planning to sell, i recommend adding. I see a bright future for BNB.
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