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nikitinha

Wave Nº 5

Short
Binance Coin / Bitcoin (BINANCE:BNBBTC)  
nikitinha Updated   
BINANCE:BNBBTC   Binance Coin / Bitcoin
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
After a perfect bounce back between the 0,618 and 0,5 Fib levels, BNB consolidates the wave 4 of a downtrend move, now heading for wave number 5!
Comment:
The downtrend line is still holding well the prices, right now trader's eye are on BTC, wheter it price breakout the consolidation we'll have some movement in the other coins
Comment:
The new spike in BTC made a lot ot alts drop, BNB is still respecting the downtrendline, and if break the bottom it will reach our target
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