BNB & trend
In the next 48 hours , the Crypto market has seen its sharpest correction . In this volatile situations , this is the best decision to invest in the stable coins .
What happened in market ?
The market is well known for its volatility .
Specially in the beginning of the year , the first three months are too much volatile as the market whales 🐳 liquidate their portfolio to take profits .
In this tough situation , it's advisable to invest in the stable coins 🪙 like Bitcoin , Cardano , Ethereum , Ripple , BNB etc .
Analysis of BNB
Trend : Bullish momentum 🐂
RSI indicator : RSI indicator at 45, too High chances to make a good bounce back and keep your profits up 💰
Candle stick pattern : After making a good bottom , the Market is forming a candle stick pattern with doji pattern that indicates the Market indecisions right now . Actually , the market is not in complete grip of bears 🐻 or bulls 🐂
Special pattern : On its weekly chart , the chart is making higher high and higher lows . And now it's the time to make the highs . Have patience .
Support ✨ : Current support level at $699.82. The key support level at $618
Resistance : Current resistance at $719.62
#AIMarketCapDip #OnChainLendingSurge #USJobOpeningsSurge #USJoblessClaimsDrop #AIMarketCapDip