LIVE#Binance Coin (BNB): The consolidation of a powerful asset.
The $BNB , one of the largest #crypto capitalizations, has unquestionably been an extremely strong asset since the start of the year.
We can see that it is currently consolidating in a symmetrical top triangle, a chartist figure favorable to the continuation of an uptrend.
Our Magic Bands (PMB) tool had given a very good sell signal at $630, and we can see that the cloud has remained green despite its correction. A green cloud means an uptrend, so everything seems to be going well for this asset, which has been in this #trend for almost 200 days, with a very nice buy at under $230!
Note also that, despite its rise and strength, BNB is no longer in a period of #distribution or attention according to Supreme Vision (BSV).
