BNBUSDT - This ALT flashes Strong BULLISH Signals 📈📉Hi Traders, Investors and Speculators of Charts📈
BNB / Binance coin is another altcoin with good upside potential for the next bullish cycle. I expect this to come into full force only after the BTC halving.
Looking at the clear bottom followed by a bullish flag pattern, it seems highly likely that BNBUSDT may make higher-highs for the short term.
It's impressive to see that BNB mid-range support held, this shows a sign of strength from buyers. Around this zone the price ultimately made the inverse Head and Shoulders bottom pattern:
A little closer look in the daily, we see the bullish flag pattern forming. A breakout UNDER will invalidate the pattern:
From a technical indicator perspective, we see two strong "BUY" signals flash in the weekly timeframe, confirming a bullish bias:
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BINANCE:BNBUSDT BINANCE:BNBUSDT.P CRYPTO:BNBUSD