Quite simple.
Previous ATH was resistance, it should now be at support. RSI is oversold. MACD is still positive, but I am guessing will round out as we bottom here.
And what do you know, also at this 61.8 FIB and looks like it could form this pitchfork channel quite nicely, which puts it's next target at 50. Maybe 100 if we go parabolic.
i got in on the way down. It's time to start accumulating BNB.
-Sherem
Previous ATH was resistance, it should now be at support. RSI is oversold. MACD is still positive, but I am guessing will round out as we bottom here.
And what do you know, also at this 61.8 FIB and looks like it could form this pitchfork channel quite nicely, which puts it's next target at 50. Maybe 100 if we go parabolic.
i got in on the way down. It's time to start accumulating BNB.
-Sherem
Note
Still time to buy! upside on this is past $50!!Note
Support is holding, we will be moving much higher
Disclaimer
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.
Disclaimer
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.