Taking a look at BNB here after a lot of recent news and announcements... CEO of Binance CZ got a tattoo of the BNB/Binance logo on his forearm, proceeded a pretty nice pump from the middle of a range to almost what appeared to be a breakout.....
Ended up being a fakeout and resistance around 16k sats held.
Looks like 14k sats may be support turned resistance here, on the 3day it appears to be closing under, indicating that it may continue to range in this lower area between 14k sats and the lower support of 12k sats
The purple line I drew is because I think the range will continue to a little while... and then lead to an eventual breakout. News of the DEX and other developments in Binance is always bullish for BNB which makes me think we might eventually see a breakout.
No longer posting links in trading view descriptions, but you can find my twitter in my trading view profile bio. I have a discord group which can be found on my twitter.
Ended up being a fakeout and resistance around 16k sats held.
Looks like 14k sats may be support turned resistance here, on the 3day it appears to be closing under, indicating that it may continue to range in this lower area between 14k sats and the lower support of 12k sats
The purple line I drew is because I think the range will continue to a little while... and then lead to an eventual breakout. News of the DEX and other developments in Binance is always bullish for BNB which makes me think we might eventually see a breakout.
No longer posting links in trading view descriptions, but you can find my twitter in my trading view profile bio. I have a discord group which can be found on my twitter.
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