Binance Coin vs Tether (BNBUSDT) is trading within an ascending channel while printing a beautiful uptrend... This altcoin pair can easily continue to grow, but why?
Right now we can see prices for BNBUSDT moving above MA200 (black line). This indicator is an important level for altcoins and moving above it sends out a strong bullish signal.
With this resistance cleared, confirmation only comes after today's candle close, BNBUSDT can continue to grow.
Additionally, the RSI is super strong and the MACD as well.
All the important support and resistance levels are marked on the chart.
Thanks a lot for reading.
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Namaste.
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