We can see BNB printing a strong green candle and now we look at the different signals that support this move as a potential reversal zone:
- We can spot strong on the .
- We can notice increasing and a challenge of EMA10 on the bounce.
- A strong pattern is also in play.
- hits oversold and bounces with strength. It hit Dec. 2018 levels, its lowest ever (check chart below).
- Binance altcoins maintaining their last low and producing big gains; Altcoins market early warning signals for smart traders.
Binance Coin ( BNBBTC ) can easily bounce here to continue moving lower or completely change trend. This analysis is strictly for the next move. After the next move, a new analysis can help us identify the potential scenarios that come next...
What's your take on the altcoins market making a strong comeback in less than 2 months?
What's your opinion on this chart and Binance Coin?
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something to think about...