Currently, it's undergoing a correction and this TA will try to pinpoint not only the levels where price may land but when it should do so. To mark that I use the round marker.
-The green markers are probably a good supports (buy),
-The orange ones are probable targets (sell),
-and the white ones are neutral ones that, depending on the trend can act as support or target.
Here's a close up for this initial
I've spent some time doing this TA and actually had fun picking the landing spots for the markers and then adding the probable path that made (or will make) sense relative to the markers...
Since it's a , it will take quite a while to see how this will play out. Personally, I'm expecting a correction to that lower level before any really trend swift, so guess I'm currently short regarding investment strategy for #BNB.
Keep in mind that all of this is an exercise and is not financial advice!
Down it goes...
And binance lost support at that support level... taking to lower levels
The drop happened faster than expected... Price may rise a little towards the nears marker...
I would like to comment on that saying that if you knew the amount of information that is compiled on that chart without any "noise" (as numbers for levels and all that visual noise). I compile the info and deliver all the key point that price will or should visit. All the TA work is done, the viewers just need to know the basics of Speed Fib Fan concepts, Fib levels, and Support/Resist Levels. If they know those concepts they will understand everything I do, if they don't know the basics, then it's not my problem, they should go and learn a bit more.
And finally, Most of the ideas I publish are for my own use, for me to keep track of things I see in different markets... if others like and understand what I do, the better!