Binance Cup & Handle
BNBBTC has broken out of a rounded bottom formation that has been forming since December. It is currently above the 200 Daily MA and marching towards a target of 240k Satoshis. It will surely need to cool off somewhere on the way but for now it is showing strong commitment to the upside.
Bulls interested in this should wait for an entry. A daily reminder not to chase... there'll always be more opportunities.
BNB is a good coin to be keeping an eye on in an overall crypto portfolio since it has a solid use case and often shows less correlation to BTC than other coins, potentially making it a good coin to diversify into for the long term.
Always do your own research and apply your own judgement.
Bulls interested in this should wait for an entry. A daily reminder not to chase... there'll always be more opportunities.
BNB is a good coin to be keeping an eye on in an overall crypto portfolio since it has a solid use case and often shows less correlation to BTC than other coins, potentially making it a good coin to diversify into for the long term.
Always do your own research and apply your own judgement.
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