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Binance BNBUSDT - Macro Elliott Wave Analysis + RSI + Volume

Long
BINANCE:BNBUSDT   Binance Coin / TetherUS
- As per my Elliott Wave analysis on the weekly chart - this coin looks very strong and we should experience more bullish sentiment.
- We are currently in the huge impulse wave 3, subwave 4.
- If we take a look at the volume , pretty much no one is selling, which is a good sign.
- 200 weekly moving average is considered as a massive support by big instituions and we are currently very close to this level.
- On the RSI indicator there is a bearish trendline , that can start a new uptrend when it breaks up.
- BNB is the safest way to speculate on altcoins.
- Look at my ideas about another interesting altcoins in the related section down below ↓
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