BNBUSD Looking Bullish!

1 thg 5, 2021

BNBUSD up trend is set to continue.

Hey crypto Traders and all ProTradersNetwork followers!

Here we have an analysis of BNBUSD.

A much favoured coin at the moment as it’s been moving nicely for a couple of days.

For those who have BNB in your portfolio, I believe that you are in the money!

Congrats. We are all happy for you.

So what is in the minds of many is where will BNB be heading to and how high can it go?

We have looked at the BNBUSD chart and we believe that there could be more upside for this crypto.

Price is currently at $625.

Past impulse moves saw price go from point “A” to point “B”.

We believe that this current impulse move can bring this coin from current prices to the $837 mark.

Using a measured move approach we believe that there could be more room to the upside.

Support at $500 needs to hold for the trend to continue on the bullish side.

We hope you have benefited from our analysis.

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Cheers!