The chart for BNBBTC (Binance Coin vs Bitcoin) continues to be strongly bullish and we are likely to see a continuation and get additional bullish action.
MA200 and EMA300, two important resistance levels for us, have been conquered and there hasn't been much retrace... When the charts remain strong like this, bullish action can resume almost immediately (1).
But if it takes too long and prices fail to continue higher, then the retrace does develop and prices move lower (2) before resuming up (3).
Binance Coin (BNBBTC) remains bullish... I love this altcoin pair/project... Binance has done a lot to support/grow the market. :)
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