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FiatDropout
Dec 2, 2018 2:40 PM

BNB/BTC Weekly - Short Term Long Long

Binance Coin / BitcoinBinance

Description

Analysis based on pure PA and RSI. Trends drawn from Monthly/weekly support and resistance.

0.382 is the target for BINANCE:BNBBTC in coming weeks.

BUY ZONE in Golden Pocket is the extreme range for BNB/BTC. For now its temporary long ( correction).



Comment

THAT BUY ZONE IS WORST CASE SCENARIO. A BOUNCE OFF FROM THE 0.5 LEVEL AFTER0.382 WILL CONFIRM THAT WE HAVE DOUBLE/TRUNCATED "C" WAVE AND CORRECTION WAVE IS FINISHED.

Comment

WAVE B COMPLETE. MIGHT HAVE 1 WEEK MORE FOR DOWNTREND. WILL WAIT FOR CONFIRMATION.
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