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M_auwal
Apr 12, 2021 7:30 AM

BNB Fibonacci Analysis Short

Description

The Fibonacci Retracement tool is a statistical tool used as a support and resistance tool based on the Fibonacci ratios. I'm strongly betting BNB may pull back to $480 (0.236 Fib level) anytime soon probably as low as $400 which tallies with the 0.382 level.

The 0.5 Fib level corresponds to $350 but this may not likely happen anytime soon with the very bullish momentum.
Comments
kenneths
we saw as low as 428'ish last night? where do we go from here? now that it's back to 529/533'ish.
continuing to move up or another break down?
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