📈 Daily TA: Binance Coin (BNB/USD)

Hello, dear members of LeoFinance!

Today I want to make a small update on the price chart of Binance Coin.

In the 1-hour time frame (1H), BNB/USD has formed something similar to an Ascending Triangle (common trend continuation pattern): As can be seen from the chart, it seems that BNB/USD is exiting the triangle and resuming the uptrend.

To be continued ...

As of the time of writing, one Binance Coin costs approximately $621.46 on the Binance crypto exchange, according to TradingView.

A few words about me:

Just to let you know: I've been working professionally as a currency analyst for last almost 15 years, and as a cryptocurrency analyst for last almost 4 years.

Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.

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📈 Daily TA: Binance Coin (BNB/USD) | 01-05-2021