BNB has been on a long decline like most Alts. It has just bounced from a comon wave EndPoint. Bulls should be concerned about losing 20k sats.
Interestingly, nearby supports line up with Round Numbers. 18k, 17k, and 15.2k sats are all possible bounce points. 15.2k sats is Bulls Last Stand, or risk much lower lows.
Previous BNB analysis (click): (still valid, at one now)
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See some of my other plots and trade calls below. I also plot Forex and Stocks, take a look at my profile page.
(still in play) (near perfect plot) (near perfect plot) (Near Perfect target, easy trade) (instant Profits, no drawdown) (caught the EXACT bottom) (PERFECT targets, massive profits) (200% gain, Perfect target) (massive Profits, short wait) (massive Profits, instant Win) (Perfect Target, take profits) (caught the spike) (caught the EXACT top) (massive Profits, breakout entry) (great entry, massive profits) (EXACTLY on time) (EXACTLY on time)
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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Couple of nice Pings on the 20k round number but coming back to it again is not a good sign. I think it will break below soon.....
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Decent bounce off the 20k round number I added a fib of the last wave down, which we are still riding ...