Binance token (BNB) shows familiar pattern

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socialtrends
Mar 4, 2019

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.

BNB
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socialtrends
Mar 4, 2019

Thanks for reading!

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