BNB, Two Steps from Hell!
What a disastrous day. I believe the institutions / hedge funds are the ones behind the selling pressure of the overall crypto market. I believe that we, the (self-proclaimed) geeks / nerds, are hodl-ing strong. As we need the gigantic institution to stabilize crypto position in the public, it has become a double edge sword of "price manipulation" such as this.
Anyway, BNB still has a somewhat (weak) bullish sentiment from the chart. We could clearly see two bottoms which we could use as support areas. As long as BNB are not closing below those areas, the bullish sentiment could be maintained. Of course, it would be better if it is moving above the $604 area. If both of those support areas are broken, well, all hell break loose.
N.B. Yes, I'm a fan of the musical group / orchestra Two Steps from Hell. Love their songs / scores. Are you also a fan? Which song / score that you like?
Anyway, BNB still has a somewhat (weak) bullish sentiment from the chart. We could clearly see two bottoms which we could use as support areas. As long as BNB are not closing below those areas, the bullish sentiment could be maintained. Of course, it would be better if it is moving above the $604 area. If both of those support areas are broken, well, all hell break loose.
N.B. Yes, I'm a fan of the musical group / orchestra Two Steps from Hell. Love their songs / scores. Are you also a fan? Which song / score that you like?
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