BNB/USD jumped more than $100 in the past week as the altcoin season begins. It hits an intraday high of $765 and is currently trading around $762.85.
Short-term trend remains bullish as long as the support $600 holds. It trades above the 55 and 34, 200 and 365 EMA on the daily chart. Near-term support is around $740; any close below targets $ 700, $670, $650, $644, $628, $598, $570, or $520. If the pair closes below $500, potentially lead to further declines towards $400.
Immediate Resistance is at $770.Any breakout above this resistance confirms bullish momentum and a jump towards $800/$1000.
Indicators ( daily Chart)
Directional Movement Index: Bullish
CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $730 with a stop-loss set at $700 and a target price of $800/$1000.


FxWirePro- Major US Indices
FxWirePro: GBP/NZD edges higher but bearish outlook persists
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K
FxWirePro- Woodies Pivot(Major)
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
FxWirePro: USD/CAD downside pressure builds, key support level in focus 



