I as I looked at BNB and thought of the fundamentals I could easily see BNB create a few different scenarios.
scenario 1 : Price pulls back making a W formation (blue arrows range).
scenario 2: Price creates an inverted head and shoulder and is in a right shoulder range touching 11.50 - 12.00$ (green arrows range)
scenario 3: Price continues to shoot up to 11.50 - 12.00$ without much pull back.
Overall this idea expresses BULLISH MOMENTUM to 11.50$ or a little higher.
--------------- Fundamentals to support this idea ---------------
.:. Bullish News .:. Binance will offer remote jobs, they'll have a binance card soon, binance DEX is coming, and they want to work with xRapid as partners and hope that happens down the road. THERES MORE but I dont wanna give it all away. But I will say I'm holding binance coin!
.:. Bullish News .:. Applicants are submitting for their builds in Q1 during the second season of binancelabs incubation program. Source: binancelabs.co/
.:. Bullish News .:. January 16th coin burn of over $9.4 million worth of BNB. 5% is Currently burned. Up to half will be burned overtime. Source: binance.vision/blockchain/what-is-a-coin-burn
.:. Bullish News .:. Binance Launchpad was launched The Launchpad project is a fundraising platform upon which tokens can be launched. A similar concept to the Ethereum platform and raising ICOs, Launchpad has already taken off with the recent BitTorrent BTT sale which sold out, raising $7 million in under 20 minutes…
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.