Is BNB going to surprise us all next?
Welcome back, traders!
In this article, I've created a Wyckoffian Supply and Demand chart for you starting from the COVID-19 crash on
BNBUSDT
The chart is self-explanatory. Just follow the annotations starting with #1
The exchanges have had some very constructive reactions in this last sell-off which prompted me to look into BNB. I created a video looking at the character of this last move down in the Crpyto market, and exchanges showed lots of interest coming in! I'll like the post here, you can check it out to learn more!
In addition, BNB is an infrastructure of the Thorchain system which is growing exponentially these days and their imminent Chaosnet launch could fuel a new wave of demand for the coin!
Please like and use the comments section below to share your ideas and positions on BNB and the analysis above with the community!
Your support means a lot :)
Shayan
In this article, I've created a Wyckoffian Supply and Demand chart for you starting from the COVID-19 crash on
BNBUSDT
The chart is self-explanatory. Just follow the annotations starting with #1
The exchanges have had some very constructive reactions in this last sell-off which prompted me to look into BNB. I created a video looking at the character of this last move down in the Crpyto market, and exchanges showed lots of interest coming in! I'll like the post here, you can check it out to learn more!
In addition, BNB is an infrastructure of the Thorchain system which is growing exponentially these days and their imminent Chaosnet launch could fuel a new wave of demand for the coin!
Please like and use the comments section below to share your ideas and positions on BNB and the analysis above with the community!
Your support means a lot :)
Shayan
