Trading in BNB has slowed down along and brought the entire crypto market to a crawl.
I think this is due to BTCUSD being close to the major triangle border (in decimal sale, not log scale).
I usually use log scale for such as long time frame as that has defined the market for the last 5 months.
However, this decimal scale triangle triangle seems to be constraining the market today
Although there are some bargains around (Im looking at your VENUSD), Im in a "wait and see mode" and hoping for some green whales to come along soon and launch the price
I would like to encourage the entire market to buy like crazy and lets launch this price out of the triangle and into a strong bull run. However, I am talking to you as an individual so my advice is dont do that, that would be silly. If you are in a buying mood, just be patient and wait for the breakout to be confirmed.
Ive shown three strong possibilities.
Fingers crossed for number one
I think this is due to BTCUSD being close to the major triangle border (in decimal sale, not log scale).
I usually use log scale for such as long time frame as that has defined the market for the last 5 months.
However, this decimal scale triangle triangle seems to be constraining the market today
Although there are some bargains around (Im looking at your VENUSD), Im in a "wait and see mode" and hoping for some green whales to come along soon and launch the price
I would like to encourage the entire market to buy like crazy and lets launch this price out of the triangle and into a strong bull run. However, I am talking to you as an individual so my advice is dont do that, that would be silly. If you are in a buying mood, just be patient and wait for the breakout to be confirmed.
Ive shown three strong possibilities.
Fingers crossed for number one