What Happens If Binance Coins Conquers EMA50, 160%+?

15 Apr 2020

Here we are looking at the long-term chart for BNBBTC, and we can easily appreciate prices trading above EMA50 at 0.0022361 this week.

The yellow box represents what can happen if EMA50 is conquered.
Meaning that prices close and stay above this level... A strong bullish wave can follow.

If EMA50 can't be conquered then we can have more consolidation or a drop.

Please note that prices can drop in the future, this is just one possible bullish scenario that we are looking at now.

Thanks a lot for reading.

Namaste.