Chart of the Day: BNB

in #bianance6 years ago

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This is an interesting chart set. While BNB doesn't have crazy skew (our EWT word for Risk to Reward) it answers a key question: when we finally get a bull run, where do you trade out of swings into, on Binance? BTC or BNB? Seems BNB will outperform Bitcoin in the next run.

The upper chart is BNBUSD and lower BNBBTC. Open in a new tab if you want to see larger.

BNBUSD - Primary Analysis - Sep-26 2028 PM (2 hour).png

BNBBTC - Primary Analysis - Sep-26 2027 PM (1 day).png

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be nice if they could pay some kind off interest (besides the cheaper trading fees and coin burn) Bank of BNB!

This is one of the assets out there that will be very interesting to see how it performs once the bear market is over because its fundamentals are very attractive. It is why it has outperformed many others this year despite still being down.

Chart doesn't project like some coins. I get the fundamentals but the chart doesn't suggest it plays stronger than many alts.

I absolutely agree. Just yesterday I was thinking to myself: "I really need to find a way to get more BNB".

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