Pricing
Log in Sign up
insight thumbnail

Binance token (BNB) shows familiar pattern

@socialtrends
1 min read
04.03.2019
BNB

One chart is often better than hundert words.

Growing price, falling volume (this time "social volume").

One of the best indicators for the coming/possible price decline.


Here are "the hundert words".

Price in crypto is fueled by the sustained interest crowd interest (and the expectation of the future growth)

Once we've seen the "spike" in the crowd interest/talk - it is an indicator that the major amount of possible "buyers" are already "in".

Furthermore, if we see the price is still pushing and, yet, the level of the crowd sentiment starts dropping - it is the sign that the crowd might be already interested (and be ready for) the next coming "pump".


Stay safe.

Was this Insight helpful to you? Your feedback means a lot to us!

Featured in this Insight

BNB BNB

$ 807.05
8.46%
in last 7d
BNB

Conversations (0)

No comments yet
Be the first to comment

We are using cookies to improve your experience!

By clicking “Allow all”, you agree to use of all cookies. Visit our Cookies Policy to learn more.