BNB/USD - Binance Coin in trouble?
On a net basis, BNB selling volume is higher than buying.
This consolidation above the key support at $200 won't last if this trend continues.
Someone has to defend that support, but without buyers, who's going to do it?
While this price action is rather neutral in terms of bias, I am a bit bearish here. If you check the BNB/BTC chart you'll see why.
BTC overperforming alts is quite something lately.
Like and follow for more!
This consolidation above the key support at $200 won't last if this trend continues.
Someone has to defend that support, but without buyers, who's going to do it?
While this price action is rather neutral in terms of bias, I am a bit bearish here. If you check the BNB/BTC chart you'll see why.
BTC overperforming alts is quite something lately.
Like and follow for more!
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