BNB looking for a move

Good afternoon fellas, looking at the BNB/BTC chart, we can see a strong bullish divergence which is about to takeoff soon enough. I'm increasing my positions on BNB.

Since last month, I noticed an inverse correlation between BNB & BTC. Whenever BTC is dumped, BNB is getting pumped and vice versa. I'm expecting a dump on BTC soon which will pump the BNB value. Lets see how it works out.

On the long term, BNB is on a good entry value for a hold until the end of summer in my opinion. I will try to keep you updated with this chart analysis.

Peace out!

You can follow me on twitter -> crypto_chebz

****THIS IS NOT A FINANCIAL ADVICE, DYOR!****

Handel aktiv:

that was a 5% movement only, but still expecting more

Kommentera:

thats more like it lets go :)

Handel aktiv:

we got the support from previous resistance, we already made %10 the other day, I think we can try one more in a day or two dont you think?

Kommentera:

as long as we are above 14900s, we are still on the positive side.

If you took some profits and looking for entry once again, be patient, your time will come.

Kommentera:

another 10% delivered. You can keep trading this 8-10%s it will keep happening

Handel aktiv:

slow but steady

Kommentera:

patience is a b**** :)

Kommentera:

by the way, we never saw a healthy retrace for BNBBTC after the ATH, so play this trade with a tight stop loss around 150s just to stay on the safe side.

if it goes down, we might see below 140s, you never know.

stay safe and peace out!

Handel aktiv:

bnb long!

Trade stängt: målet nått:

u can close some profits in such a bad market condition.

for hodlers, BNB will not let you down on the long run