Binance Coin BNB/USD is trading at the level of 13.11. 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 12.00, from which we should expect a rebound and an attempt to continue growth with the target at 16.00.
Binance Coin forecast & analysis BNB/USD on March 26, 2018
In favor of the growth of quotations of crypto currency, the test of the lower border of the channel will perform, as well as a test of the support level. Earlier, a weak signal was received for buy of Binance Coin cryptocurrency, due to the crossing of signal lines at the level of 8.70.
The cancellation of the growth of Binance Coin quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 10.50, 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.