BNB/USD UPDATE:
BNB recently cleared T1, congrats for those who entered and took profit! I want to discuss the resistance we are about to hit. If the resistance trend line FAILS to break and is rejected here, expect a drop back down to support zone for a re-entry at the double bottom support. IF, resistance line breaks, then I expect previous target of $19 to be cleared, and these three new targets to be put into place. 200 MA at the new T1 of $20.20 will be the next resistance, short term. Followed by T2 at $21.60 AND T3 AT 25.80, IF 200ma Is also broken! Again, congrats to those who entered at my previous buy in, and took profit. I recommend continuing to take profit at the following targets, given resistance breaks!
BNB recently cleared T1, congrats for those who entered and took profit! I want to discuss the resistance we are about to hit. If the resistance trend line FAILS to break and is rejected here, expect a drop back down to support zone for a re-entry at the double bottom support. IF, resistance line breaks, then I expect previous target of $19 to be cleared, and these three new targets to be put into place. 200 MA at the new T1 of $20.20 will be the next resistance, short term. Followed by T2 at $21.60 AND T3 AT 25.80, IF 200ma Is also broken! Again, congrats to those who entered at my previous buy in, and took profit. I recommend continuing to take profit at the following targets, given resistance breaks!