#BNB in formation for pump towards $800?
Hello! Continuation of our #BNBAnalysis:
1. Continuation of the bullish divergence within the long-term bullish channel
2. Maintaining the range in the support zones corresponding to the declines in three price tiers (price zones to watch 700-709-719-741-761-ATH)
3. BNB is sensitive to BTC and generally follows its dynamics, however here BNB is lateralizing while BTC is climbing, potential lag
The dynamics on BNB are healthy, the setup for a pump towards $800 and beyond is in place. To be monitored as long as BTC climbs or stabilizes.
The price zones are very interesting buy-sell points.
My sentiment on $BNB
- short term: bullish (pump coming)
- long term: bullish (bull run)
Note: if you like this and it helps you, feel free to like, share, and follow! Thank you