BINANCE COIN / BNBBTC / Ichimoku / Heikin Ashi

BNB is looking very bullish . I feel the fundamentals behind this token are strong. The long term decentralized vision of Binance makes a lot of sense to me, and they have the capital and liquidity to pull it off. The move to Malta, ability to bring fiat pairs, and a coin that actually has a use (exchange fees), all in all i like this coin a lot.

We have reached the all time high for a double top.

RSI is showing bullish divergence on the 4 hour & the 1 Day chart.

We are well above Kumo, Tenkan and Kijun, showing a very strong trend.

A retracement back to the trend line is likely , but the bullish RSI indicates we may break out and make a new all time high vs BTC.

I am waiting for a strong bounce off of the Tenkan, a white candle with no bottom wick, and a close above the 1 to enter.

I think this is worth keeping an eye on. it's nice to see an all time high in this market. go binance!