#1 | Binance Coin vs Tether (BNBUSDT)

1 בנוב׳ 2021

Binance Coin (BNBUSDT) is really up there close to its all-time high but it isn't showing any signs of stopping.

Currently, we can see a very strong setup with higher highs and higher lows ever since May's correction.

The All-Time High is set at $691.8 and the way the weekly candle is set up we are expecting higher prices.

Now let's have a look at the MACD:

• We have a bullish cross.
  
• We have the higher lows safely above zero.
  
• We have the histogram turning green.
  

The RSI is also super strong and this all supports additional growth.

The main low was set back in early December 2018 at $4.1.

Then we have a higher low March 2020 set at $6.4.

What followed was massive bullish action, the May break and now this pair is looking strong.

This is a long-term chart.

Any trading above $211.7 and we remain bullish based on the long-term.

Binance Coin is looking great and can do fast & strong growth.

Potential targets
We are looking at $800, $988, $1171, $1468 and $2245 as future targets.

Thank you for reading.

Namaste.