Consistency in cryptocurrency by @k-inesse

Hello dear, I hope you are all doing great. Today I wish to talk about a particular coin I saw booming under my eyes. I'm just going to talk about the Binance coin (BNB). Someone talked to me about the Binance coin when it was still at 4$ a token so just imagine the wallet of somebody that invested at that moment.

Origin

Binance was founded in 2017. It started by being part of the Ethereum blockchain but finally became independent a few years later. It was launched in July 2017 as part of an initial coin with a cap of 200 million BNB tokens.

Uses of Binance Coin

Image

It can also be used for payments
It can even be used for financial purposes Binance coins can also be used to invest in some ICOs listed on Binance's Launchpad program. Binance is a smooth marketplace for trading in a range of established and new virtual tokens. New cryptocurrencies list on the Binance exchange and using the Binance platform for trading in a variety of established and new virtual tokens.

Applications of Binance Coin

Binance Exchange transaction fees, Trading, Payments by credit card, Investment...

As a trading tool, it can be traded with other cryptocurrencies such as bitcoin, Solana, bitcoin, and many others. Example of a trading case
Here is a trade I took on the BNB/BUSD. In the above picture, I can see the formation of a double top on a 4H chart indicating me to sell after the appearance of the second part of the double bottom. Also moving averages 5, 10, and 20 have been used for more intensive analysis. I hope to post next on the different indicators I use for my analysis.

Image from Binance app

Thank you for reading and looking forward to your comments and suggestions for me to ameliorate my posts on cryptocurrency.