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FirstClassCrypto

Fresh trend for BNB

Long
Binance Coin / Bitcoin (BINANCE:BNBBTC)  
FirstClassCrypto Updated   
BINANCE:BNBBTC   Binance Coin / Bitcoin
Trend Analysis Technical Indicators Wave Analysis
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trendanalysis indicator waveanalysis
pretty simple:

following EW, A B C down trend looks like its complete but can not confirm until we breach B of the down trend.
MACD bullish
RSI showing we could have a slight pull back soon for a good buying position
Comment:
Safe play here is to watch and look to enter around 16800 when the trend is confirmed.
Comment:
Typically in EW we would expect the bottom of the last wave of the down trend to drop below the bottom of the 1st wave of the down trend; waves A & C. Here we have relatively the same bottoms for waves A & C. This being said, there is a chance we could drop below 14000. This is another reason I recommend waiting for confirmation of a trend reversal.
Comment:
BNB dropped as anticipated providing a nice wave C. Chart will be posted with buy zone!
Comment:
Cancel last comment looking at wrong charts. BNB still above the 14000
Comment:
BNB still ready to enter, lets see where its heading with recent market dip.
Comment:
still not ready *
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