This is part of my ongoing analysis of BNB moves versus BTC. Last call was a long which hit extended target and reversed. This plot maps some possible support zones to re-enter long.
37.7 - 37.9k would be ultra bullish if bounces. 36.5 - 36.8k will probably not hold if hit again. 34.9 - 35.1k should be high chance of a bounce. 32.0 - 32.3k would be ideal long term buy price.
Previous Analysis (click):
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Also see some of my other Charts and Trade calls below. I also plot Forex and some Stocks, check my profile page.
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Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
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Approaching a support zone that I thought was "Unlikely to Hold" Lets see what happens when touched.
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Like an ant whose antenna hits an obstacle must stop, retract, and ponder before proceeding (or not).