Recently, BNB bounced off a massive support around the $410 area. Since then, BNB has seen very strong growth, likely the strongest of the top 10 cryptos.
Seeing that the entire marking is seeing massive inflows of capital, I reckon that BNB will see further growth. Most likely we will continue to go up and find resistance at the top trend line of the pattern.
It's likely that we're going to see more bears hopping in around that area, but all will depend on BTC. If Bitcoin is strong enough we might actually break out of this bullish triangle.
Happy trading!
Seeing that the entire marking is seeing massive inflows of capital, I reckon that BNB will see further growth. Most likely we will continue to go up and find resistance at the top trend line of the pattern.
It's likely that we're going to see more bears hopping in around that area, but all will depend on BTC. If Bitcoin is strong enough we might actually break out of this bullish triangle.
Happy trading!
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