BNB Path over the next day or so

21 มิ.ย. 2018

2 possible and 1 probable path is laid out in the below chart. I think BNB will likely see a rejection at the cloud around 24K Sats and then a retracement as low as 23K Sats before we see another bounce. Overall, I still think we could see a fall to 22K SATS and then a possible consolidation, which could lead to a rise or fall, depending on overall fundamentals and market sentiment. BNB sentiment has been very strong these last weeks due to fundamentals around a coin burn and a few other items, but these fundamentals will not last forever.