Binance Coin BNB/USD is trading at the level of 12.99. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Binance Coin. Ichimoku Kinko Hyo Cloud near the area of 12.50 is expected to be tested, from which we should expect a rebound and an attempt to continue growth with the target at level 15.50.
Binance Coin forecast & analysis BNB/USD April 23, 2018
An additional signal in favor of the growth of the BNB/USD will be a test of the support level. Earlier, a weak signal was received for buy of Binance Coin, due to the crossing of signal lines at the level of 12.10.
The cancellation of the growth of Binance Coin quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the 12.00 area, which will indicate a change in the bullish trend in favor of a bearish trend. Expect the growth of quotes BNB/USD stands with the breakdown of the upper limit of the model «Triangle» and the closing above the level of 14.00.
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