BNB, on a weekly time frame, seems stabilized. After the long bearish phase from last year's highs in April, it seems to have moved to a ranging phase.
All at the moment, without breaking the higher lows structure.
Over the very long period, therefore, the trend appears promising, and one of the key levels of the current cycle is clearly marked: 0.00184, a price that acts as a Low Range.
The reclaim of 0.002 could be a first sign of will to at least re-approach the High Range (0.00237), therefore in essence a LONG trigger for this time frame.
Stop Loss in case of weekly closing below the low range mentioned above.
Binance Coin (BNB / BTC ) - From downtrend to laterality?
By milionarioo | DigiNomic | 1 Apr 2020
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