📈 Daily TA: Binance Coin (BNB/USD) | 08-05-2021

in LeoFinance3 years ago

Hello, dear members of LeoFinance!

Today I want to make a small update on the price chart of Binance Coin.

In the 1-hour time frame (1H), BNB/USD formed a Symmetrical Triangle (common trend continuation pattern):
08.05.2021 BNBUSD.jpg
As can be seen from the chart, it seems that BNB/USD is slowly exiting the triangle and, probably, resuming the uptrend.

To be continued ...

As of the time of writing, one Binance Coin costs approximately $649.57 on the Binance crypto exchange, according to TradingView.


A few words about me:

Just to let you know: I've been working professionally as a currency analyst for last almost 15 years, and as a cryptocurrency analyst for last almost 4 years.


Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.


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Будет очень интересно, если, со временем цена БНБ приблизится к цене на ETH

Posted Using LeoFinance Beta