Binance Coin - The $70.000 price target is real!

Hello Traders and Investors, today I will take a look at Binance Coin.

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Explanation of my video analysis:

Back in 2020 Binance Coin created a decent bullish break and retest of a horizontal structure which was followed by a rally of 10.000% towards the upside. After this rally, which ended in April of 2021, Binance Coin has been trading sideways ever since. Currently it seems like Binance Coin is preparing another bullish breakout, which could lead us all the way up to $70.000 in the future!

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Keep your long term vision,
Philip (BasicTrading)

Note

Quick update on Binance Coin:

Again and again, for 4 months, Binance Coin has been hugging the horizontal resistance level, indicating that sellers are still quite weak. Still the breakout did not happen so we have to be careful.

Levels to watch: $650

basictradingtv

Philip - Swing Trader

Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD

#LONGTERMVISION

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Disclaimer

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basictradingtv

Philip - Swing Trader

Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD

#LONGTERMVISION

Also on: