BNB has been one of the rare survivors among top 50 coins over past 5-6 months while BTC and others kept falling.
The reasons are numerous, starting from the ever increasing user base, consistent financial performance, new listings, pairs against USDT, news about introducing FIATs, working on DEX, and many more!
Technically speaking, BNBBTC now making support at the previous ATH and going long here makes absolute sense. Stoploss is defined by the red line for the traders on closing basis, however, this is one of the coins we should have in our PFs at all times (atleast 5% of Binance PF).
Realistic targets are 0.0026 and 0.0032 with trailing stops as market is in broadly bearish zone.
Happy trading :)
The reasons are numerous, starting from the ever increasing user base, consistent financial performance, new listings, pairs against USDT, news about introducing FIATs, working on DEX, and many more!
Technically speaking, BNBBTC now making support at the previous ATH and going long here makes absolute sense. Stoploss is defined by the red line for the traders on closing basis, however, this is one of the coins we should have in our PFs at all times (atleast 5% of Binance PF).
Realistic targets are 0.0026 and 0.0032 with trailing stops as market is in broadly bearish zone.
Happy trading :)