Binance Coin Gains Momentum (Everything Is Clear Now!)

١٣ أبريل ٢٠٢٠

We now have Binance Coin (BNBBTC) moving pass strong resistance easily.

Current action
Prices trading above EMA200 after EMA100 and MA200 were easily conquered on increasing volume.

MACD and RSI
Both indicators are looking strongly bullish right now.

Altcoins
The name of the coin is Binance Coin... We can easily take this as a signal that the Binance Altcoins are done with their retrace.

If Binance Coin starts to grow, the other Binance Altcoins are very likely to follow and the charts I've been surely are saying so, take a look at MDABTC below:

Thanks a lot for reading.

Previous analysis | Apr 4 | Binance Coin vs Bitcoin | Multiple Timeframes

Namaste.