TradingBTC1

Binance looks poised for a nasty correction!

Short
BINANCE:BNBUSD   Binance Coin
Binance recently announced a hack but the price chart had already started to become vulnerable to a pull back. Our Proprietary Oscillator is showing a negative divergence in the 2 grey boxes so price looks vulnerable at this point. The dots on the oscillator are starting to widen to the downside which means momentum is started to accelerate to the downside so price should follow.

We did a video last night on BTC, Eth, ETN, BNB, EOS, LTC and more coins and also explained a little bit about our chart overlay and what we look at to help determine price movement. You can take a look at the video on our twitter feed @tradingbtc1 or on our videos page on our website.

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