BNB on an edge of breakout

Binance Coin chart update. Since last post price still moves within ascending triangle and look great. Here is why.
* Horizontal volume bar draw pivot point for visible range with long red line - now its at ~392 and price is above it.
* Volume for the last 4 hours candle, the one that pushed the price above pivot, was bigger than previous 9 candles that led to falling. So bullish mind is in majority here.
* Next time BNB will test 400 will be forth. Four time is a lot for resistance. Most probably it won't hold and we will see a breakout.

評論:

My fault, just remembered that today is Token Sale in 3 hours. So the coin will dump afterwards. Most probably we won't see 400 today, unless it will breakout before sale begins.