Ninjastic
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Board Altcoin Discussion
Re: Binance Coin - Not Far From The Falling
by
fullhdpixel
on 10/06/2019, 09:16:35 UTC
Quote from: cahbagus555 on June 06, 2019, 04:21:34 AM
Quote from: rez303 on June 06, 2019, 03:11:48 AM
Quote from: Hiral1111 on April 24, 2019, 04:06:30 PM
The market made a good upward movement and reached ATH . We have a resistance zone between 24.00 and 25.00 levels and the 1st attempt to pass this zone. More likely that the price will bounce and correct the previous movement. It will be logical if we can use this word and this market together. For confirmation of the price reversal we need to wait for the close price of the daily candle. If it is below 24.00 level and the bearish candle is strong, we will get the 1st signal confirming the bouncing from the resistance.

RSI is going to confirm the price reversal in the overbought zone. MACD histogram and in some timelines will be able to support a possible downward movement. The market looks overbought and the downward movement in the medium term will be a logical movement in the bullish structure.
haha, right now the price of BNB has reached nearly $ 32 after terrible price increases. although you talk about the level of technical analysis is quite convincing but everything has gone exactly the opposite.
This is also one of the reasons why I did not study and did not learn much about technical analysis. It really doesn't guarantee me the win.

When others coin drop againts bitcoin, only few coin can survive and increase the price againts bitcoin and BNB Coin is one of them. I think BNB is solid investment for the future and if DEX success, it could be top 5 coinmarketcap
In fact, without the DEX, I believe that on the next 2 years, they will be the 2nd best coin because of the very solid projects they already have and I learnt that more plans are still yet to be executed which one of them is the DEX you mentioned.

I honestly don’t see anything falling Binance and the only thing that can destabilize Binance is if their CEO dies or their top developers which I don’t ever see that happening, as long as they are still alive and healthy, the rest is a minor thing. Let’s us watch out for their very big boom soon , if all this products of theirs that are all active comes together and work for its greater good, and the very best of them will be this IEO.