Technical analysis Binance Coin. BNB-BTC on June 08, 2018

June 8, 2018


It has shown good bullish rally for the last days, it needs the correction now. The price can lower to the uptrend line in order to find the new strong support zone to form the ground for the further growth. This process may take some time. On the 3 hours timeframe, we can see that the market is following the long-term uptrend, Binance Coin does not need to be introduced as it is one of the top coins which can be held for a long time. We recommend waiting for the good retracements for additional entry or re-entry for a long-term investment.


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