Several days ago, I published an idea about holding onto BNB for the long-term.
This short-term perspective is not in any way contradictory to my sentiment regarding the long-term perspective, but I am making changes as to when I will buy-in.
Considering the leaps that Binance has taken over the last two years and how many people are still invested in the crypto space worldwide, it's not hard to imagine that the price will pop soon. Looking at the technicals for both BNB and BTC, we can see both are in -very- ideal situations.
The cloud is sustained underneath the price point, the lagging span is above market prices, and both the price point and conversion line are above the base line -for both- BTC and BNB.
I will make a buy for around 23-24 in the next two days and will consider selling my initial investment around May so that I can get my money back and leave the profit in for the long-term.
All I can say is, It's gonna be a crazy 3-4 months.
Happy trading~
This short-term perspective is not in any way contradictory to my sentiment regarding the long-term perspective, but I am making changes as to when I will buy-in.
Considering the leaps that Binance has taken over the last two years and how many people are still invested in the crypto space worldwide, it's not hard to imagine that the price will pop soon. Looking at the technicals for both BNB and BTC, we can see both are in -very- ideal situations.
The cloud is sustained underneath the price point, the lagging span is above market prices, and both the price point and conversion line are above the base line -for both- BTC and BNB.
I will make a buy for around 23-24 in the next two days and will consider selling my initial investment around May so that I can get my money back and leave the profit in for the long-term.
All I can say is, It's gonna be a crazy 3-4 months.
Happy trading~