Hi Guys!
Welcome back. Still no major movements in the crypto world but with few exceptions.
One of them is BinanceCoin.
We had a strong bounce up - 20% over the last 24h.
The reason for such a surge is that Binance exchange has signed a partnership with Tripio which offers a thousand places to sleep. From now you can book a room using BNB. This is really cool.
As Binance is the largest crypto exchange in the world this move seems to be pretty obvious.
Not only it will create a buying pressure on Tripio but also it will generate even greater demand on Binance coin.
Actually, it is great finding BNB as a utility token in a real life. Time will tell how it will be used but for us it makes sense.
Here are technical analysis details:
• The lowest level since April 2018
• MACD – positive divergence and bullish cross on the daily chart
• Weis Waves – nice demand has shown up – small correction possible
• Ichimoku Cloud - the price chart has crossed TenkansSen, KijunSena, and the cloud. Very good and healthy.
• 1st target at 0.0016350
• 2nd target to achieve at 0.002
• 3rd target to achieve at 0.0026555
• Stop – loss at 0.0014
• 62% gain possible
So, that’s it.
This should be a safe and profitable trade within the upcoming weeks.
If you like our idea, please do give us a like!
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What do you guys think? Are you in?
MASSIVE Hugs!
WBM Team.