We are currently at wave 5 on wave A correction. Buy anywhere around 14-15 if you dont already hold BNB. Sell around 17-178 for a quick over 10% gain. Buyback on wave C. Wave C buyzone will be updated as more data come in. RSI is still bearish but it is getting weak, indicating that wave A is about to be complete.
Note
Bigger picture
Note
There is your bounce for wave A completion, and let see how far Wave B well get.
Note
will*
Note
Price is chugging up to the sell zone (wave B). RSI kind of worries me. It's a rising wedge. not a good indication and also BTC is about to Hit top soon with a correction to follow afterward.
Note
Bearish scenario.
Note
Look like bearish scenario did happen, Those who did sell, its a good time to buy again. Bullish divergence on RSI
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.