🔸 $BB at all-time highs
Many of us received this coin thanks to launchpool and/or megadrop of #Binance .
When we left we were all furious, as our harvest was truly miserable. (the value of #BB was really low!).
In this period of strong general rise 🐂 #BB is having an interesting trend.
By analyzing the 4-hour chart below, we can see how the price is outside the Bollinger lines.
Let's explain better: the price is higher than the yellow line (the maximum of the Bollinger line).
This recommends a retracement towards the median of the Bollinger line (pink line).
This is confirmed by the RSI index, with a value above 80, which means that we are in a hyper-bought zone.
Even in this case it would appear that the near future will bring a drop in the price of the currency.
So: let's wait for a drop for this coin 📉
Obviously what has been said above is to be understood in the short term, in the medium-long term it is too early to make any predictions.
Do you agree ?
What do you think ?
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