Updates to previous analysis ( short-term 1H time-frame)
hi.
From my point of view, 1H time-frame is still the best frame for BNB-USDT analysis.
The market shows no apparent trend possibly due to BTC movements. Yet, BNB displayed some proper supp-resist lines, which is in my opinion a positive sign for future ascendance.
For those having BNB in wallet, I recommend holding.
For those w/o BNB, I believe they should wait for strong uptrend sign.
For now, I will not recommend to open a position.
Feel free to leave a comment.
From my point of view, 1H time-frame is still the best frame for BNB-USDT analysis.
The market shows no apparent trend possibly due to BTC movements. Yet, BNB displayed some proper supp-resist lines, which is in my opinion a positive sign for future ascendance.
For those having BNB in wallet, I recommend holding.
For those w/o BNB, I believe they should wait for strong uptrend sign.
For now, I will not recommend to open a position.
Feel free to leave a comment.
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