Binance Coin Gets Ready For Action (Follow Up On Last Update)

May 2, 2019

We shared an update about a week ago for Binance Coin vs Bitcoin (BNBBTC).

For us cryptocurrency lovers Binance Coin is like Bitcoin, we have a love-hate relationship with it. We love it no matter what, and we hate when it is going down. So we are always happy to share when there are bullish signals and things are looking up. I dislike sharing bearish anything for crypto.

We can see that an ABC correction for BNBBTC has been completed, on decreasing volume, which supports the signals that we are about to read below... (make sure to hit like so that we want to continue... Thanks a lot for the support):

• BNBBTC is breaking above EMA10 (today). This signal will only be confirmed when the daily candle closes at 00:00 UTC. Closing above EMA10 is a bullish signal.
  
• Increasing bull volume and volume bar breakout.
  
• Bearish Bitcoin (Bitcoin and Binance Coin tend to move inverse).
  
  • My view: I believe Binance Coin (BNBBTC) has the potential to move up. This potential that I am seeing would become invalid if BNBBTC closes below EMA50 (0.00389).
    
    Here you can see my previous analysis for Binance Coin (BNBBTC):
    
    
    
    Thanks a lot for reading.
    
    This is Alan Masters.
    
    
    FREEDOM AT LAST!
    
    The grey cloud is gone.
    
    Spirit is still here with me.
    
    I've been showered with countless blessings.
    
    But I doubted, each time I was told to leave.
    
    Once I woke up, I was there no more.
    
    I didn't have to take any action, Spirit did it all.
    
    When I go out and look around, trying to get a hold of myself and recognize this new world...
    
    I realize it was all the same...
    
    It is me in the same place, but what happened?
    
    The prison now is gone!
    
    OUR FREEDOM WILL LAST FOREVER!
    
    Namaste.

May 13, 2019

Note

Crashed.

"My view: I believe Binance Coin ( BNBBTC ) has the potential to move up. This potential that I am seeing would become invalid if BNBBTC closes below EMA50 (0.00389). "