Lethe1105

Lethe1105

BNB continues to show a consistent uptrend and bullish movement patterns, I think this is a good long.

Lethe1105

BNB has been performing very well against BTC this month, reaching new all time high on November 26th. I expect strong relative performance moving into December should the current trends hold.

Lethe1105

A breakdown of resistance here would signal an end to the uptrend of the past few days, and the price could move down to test the previous levels of support.

Lethe1105

I believe that it may break through this resistance if BTC also breaks through the 60k resistance, as the two markets are correlated. Any opinion on this?

Lethe1105

BNB successfully broke out at the $605 resistance and looks poised to challenge the previously held resistance around $650.

Lethe1105

Binance coin seems set to break the resistance at $605, after testing it once and breaking through convincingly with good trade volume. Will have to see if it can test the next resistance one.

Lethe1105

BNB may rise to re-test the resistance zone around 605