BNB getting close to major support

9 May 2020

I guess we all want to know when CZ will stop dumping his coin, buy enough and finally let it grow. Assuming that Binance suppose to be such a good exchange, maybe even one of the best exchanges in the world, the only reason for BNB to perform that bad is because owner want to accumulate it back (which is an old but proven fact - CZ dreams of buying back as much as possible). So what we have now. Support at 16500 is the strongest around, but since it was already tested, we may see wick down to 15500 zone. These zone may be considered as good ones for long entries.

P.S. Same zones mentioned above will be the last ones, where BNB can be easily reversed. Falling lower will push it much lower to 12800 - 11000. And turn it very dumpy coin.

🛒 Support 17000 - 16500 - 15700 - 15300
🎯 Resistance 18000 - 19000 - 19555 - 20850

19 May 2020

Not

BNB bouncing from first support zone mentioned in May 9th forecast 👍 Targeting 17555 and above strongest resistance at 18000. Breakout above that resistance will indicate the end of retracement.

25 May 2020

Not

If Dominance drop another level down, alts will go crazy. But something tells me there will be volatility that will return dominance to BTC and so alts could be near their local highs these days. For BNB this high could be ~19060 zone. And 18000 support seem to be good enough for the first entry... although it might wick down to 17500, so it is the second. And add some at 16900 in case it decide to draw inverted head and shoulders 😂

🛒 Support 18300 - 18000 - 17555 - 17000 - 16900
🎯 Resistance 18840 - 19060 - 19540 - 20180 - 20833