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[BNBUSDT] Breakout is nearby

BINANCE:BNBUSDT   Binance Coin / Tether
BNB has been very bullish since March. Within the huge triangle BNB looks to be riding a steep uptrend channel that is driving BNB to breakout from the triangle.

There are also technical reasons to be bullish on BNB.
Short-term standpoint: Binance's BNB buyback & burn is coming near. Expect around 4/15-30
Long-term standpoint: Binance has grown to be the no1 crypto exchange platform in the world. As long as Binance continues to grow the value of BNB will continue to rise as well. Binance offers a 50% discount on exchange fees if paid with BNB (for the first year). That is an irresistible benefit for every trader and they will likely end up buying BNB at least to cover their fees.

評論: Also increase in volume confirms that whales have been preventing the price to drop. Although not shown here RSI and MACD are well maintained to initiate an upward momentum

First time publishing in tradingview and accidentally used comments to update my idea
Also increase in volume confirms that whales have been preventing the price to drop. Although not shown here RSI and MACD are well maintained to initiate an upward momentum
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