BNB/BTC 1D Bullish Finally after 275 Days!!

2020年1月23日

Hello my fellow traders.
A ton of Thanks for all the support.
Please like this post before you start reading this. It motivates me to work on more charts everyday for you all.

Coming back to the chart:

I’ll keep this short,
Since we hit the high of .0048134 on April 20 2019 BNB started trading under a falling wedge. The price broke out of the channel on 21st Jan 2020 which is an extremely Bullish indicator.
Secondly, It seems we might have a Golden cross soon in the near future as the 50D MA is moving towards the 200D MA.
Bullish Divergence in RSI was also noticed in the chart.

I am bullish in BNB and entered around .0018ish.. Will buy more if it dips (If case BTC goes crazy). Currently it’s retesting the trend line resistance turned support. It is under my top 5 Coins for the long term.


Hope this idea helps, if it does please shoot a follow and a like.
Thank you

#Peace