Sherem

Massive Ascending channel on Binance Coin!

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BINANCE:BNBUSD   Binance Coin
We are going to see what Binance coin is up to!

It's in this massive ascending channel. What I like best about it, is the chart looks nothing like BTC! Praise everything for non-correlation.

Basically if this $14 area hold we should get a push up to the $20 area before moving down again. If this happens MACD will cross and RSI will show strength.

Watch for further downside if this channel breaks down, whether it be now or after a run up first.

I won't be trading this one at the moment, but it looks good if you have some funds in binance to do it!

Happy Trading,

Sherem


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