Binance Coin BNB/USD is trading at the level of 14.42. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Binance Coin. The test area of the Ichimoku Kinko Hyo signal lines is expected near the area of 14.00, from which we should expect a rebound and an attempt to continue growth with the target at level 16.50.
Binance Coin forecast & analysis BNB/USD April 25, 2018
An additional signal in favor of the growth of the BNB/USD cryptocurrency will be the upper bound of the «Triangle» model. 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 quotes below the area of 12.50, which will indicate a change in the bullish trend in favor of a bearish trend. Expect the growth of quotations BNB/USD is with the breakdown of the resistance area and closing above the level of 15.00.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
