Binance Coin / Bitcoin
Güncellendi

Binance coin: BNBBTC - Limited RR

98
Bullish: BNB has been a huge success story, is clearly no.1 and there are good plans to give the token further demand/utility. Bullish stories like 90% of Binance staff accepting BNB as payment (is it literally fiat equivalent or is there an incentive uplift/hedge allowance?) & foundations using BNB to pay for projects.

Bearish: History has shown each alt cycle heralds a new king exchange - polo/trex/binance/whats next? Many new entrants dilutes market share - coinbase gearing up for multi-pairs, trex added fiat, polo has big money backers now. Many exchanges will be waiting for clear bull market to re-launch/market. Quality of mid/small cap Binance tokens questionable - ICO/token/POS heavy.

TA: There is a very clear H&S forming on mid/long times. Short times more bullish.
Conclusion - not tempted to get in but wouldnt short unless H&S completes and turns out to be valid. If it does and you think BNB can remain dominant then the .618 offers an entry / I will be waiting for .786 and ok to miss this trade.
Not
Possible completion on horizon. Time to watch.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.