Binance Coin / BitcoinMis à jour Binance coin: BNBBTC - Limited RR
Bullish: BNB has been a huge success story, is clearly no.1 and there are good plans to give the token further demand/utility. Bullish stories like 90% of Binance staff accepting BNB as payment (is it literally fiat equivalent or is there an incentive uplift/hedge allowance?) & foundations using BNB to pay for projects.
Bearish: History has shown each alt cycle heralds a new king exchange - polo/trex/binance/whats next? Many new entrants dilutes market share - coinbase gearing up for multi-pairs, trex added fiat, polo has big money backers now. Many exchanges will be waiting for clear bull market to re-launch/market. Quality of mid/small cap Binance tokens questionable - ICO/token/POS heavy.
TA: There is a very clear H&S forming on mid/long times. Short times more bullish.
Conclusion - not tempted to get in but wouldnt short unless H&S completes and turns out to be valid. If it does and you think BNB can remain dominant then the .618 offers an entry / I will be waiting for .786 and ok to miss this trade.
Bearish: History has shown each alt cycle heralds a new king exchange - polo/trex/binance/whats next? Many new entrants dilutes market share - coinbase gearing up for multi-pairs, trex added fiat, polo has big money backers now. Many exchanges will be waiting for clear bull market to re-launch/market. Quality of mid/small cap Binance tokens questionable - ICO/token/POS heavy.
TA: There is a very clear H&S forming on mid/long times. Short times more bullish.
Conclusion - not tempted to get in but wouldnt short unless H&S completes and turns out to be valid. If it does and you think BNB can remain dominant then the .618 offers an entry / I will be waiting for .786 and ok to miss this trade.
Note
Possible completion on horizon. Time to watch.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.