Current momentum on the 3-day time-frame along with the Double Top formation suggests BNB may be in for a 13% correction, unless the bitcoin jumps to life anytime soon and continues to carry the broader market up with it.
still in play and moving strongly towards target so far
We got the direction right and apparently also the timing right too. Still heading to target. Not yet sure if the reversal up will be intra-day or over multiple days. Follow us for updates.
Trade closed manually:
With bitcoin showing a strong upside reversal pattern, traders will look to close altcoin shorts or buy back in.