bnb was looking bearish until CZs tweet twitter.com along with the binance chain announcement saw market participants fomo a big green dildo which whicked out on the kijun. price was clinging onto horizontal support for dear life while cloud indicated a break down was likely. a test of the diagonal support looked imminent as we headed towards my buy...
4hr looking grim... - broke down with re-test from other side - price below cloud + bearish TK cross got bids at the .618 fib and 50% retrace, with the fork coming up i imagine there will be a lot of buy pressure at these lvls. looking at RSI i dont think bears have enough steam to take us near 2mm sats. if we get there its a gift n ill look to add margin near...
bag holder bias confirm on diagonal breakout
still room to pump into the fork on the 14th, eyes on long term log resistance
still room to pump into the fork on the 14th, eyes on long term log resistance
accumulate before proof of stake switch, fundamentals good