Binance Coin
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Bullish on BNBUSD with 2 different approaches

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I as I looked at BNB and thought of the fundamentals I could easily see BNB create a few different scenarios.

scenario 1 : Price pulls back making a W formation (blue arrows range).

scenario 2: Price creates an inverted head and shoulder and is in a right shoulder range touching 11.50 - 12.00$ (green arrows range)

scenario 3: Price continues to shoot up to 11.50 - 12.00$ without much pull back.

Overall this idea expresses BULLISH MOMENTUM to 11.50$ or a little higher.

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Fundamentals to support this idea
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.:. Bullish News .:.
Binance will offer remote jobs, they'll have a binance card soon, binance DEX is coming, and they want to work with xRapid as partners and hope that happens down the road. THERES MORE but I dont wanna give it all away. But I will say I'm holding binance coin!

Source Twitter Feed by CZ: pscp.tv/w/1mrxmYRaXYnxy
SNEAK PEAK of DEX: youtube.com/watch?v=wN1Uvor4Hd8

.:. Bullish News .:.
Applicants are submitting for their builds in Q1 during the second season of binancelabs incubation program.
Source: binancelabs.co/

.:. Bullish News .:.
January 16th coin burn of over $9.4 million worth of BNB. 5% is Currently burned. Up to half will be burned overtime.
Source: binance.vision/blockchain/what-is-a-coin-burn

.:. Bullish News .:.
Binance Launchpad was launched
The Launchpad project is a fundraising platform upon which tokens can be launched. A similar concept to the Ethereum platform and raising ICOs, Launchpad has already taken off with the recent BitTorrent BTT sale which sold out, raising $7 million in under 20 minutes…

Source: ccn.com/binance-coin-bnb-leaps-with-22-gains-after-unveiling-project-launchpad




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If we get a nice pullback I will add more to this idea with entries. Right now there is no good entry to take this trade.
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BNB following Blue Arrow Trail.
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Possible double head here or 3 valleys down. Chart still printing longer term direction.
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38.2% resistance zone. Lets see what it does here.
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price heading to 11$
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11$ TP achieved

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.