Analyzing Binance Coin’s Recent Surge: What’s Next for This Cryptocurrency?
Explanation of my video analysis:
Binance Coin is currently clearly retesting a major resistance at the previous $700 level which was also the all time high of Binance Coin. Since we did not see a break above yet, there is simply a higher chance that we will see a (short term) move lower. If you are not in a position on BNB yet, you can potentially use this anticipated drop to enter a fresh trade.
Keep your long term vision,
Philip (BasicTrading)