InvestingScope
Short

Another 0.618 Fibonacci rejection. Last attempt to break lower.

BINANCE:BNBUSD   Binance Coin / US Dollar (calculated by TradingView)
The 1D Triangle was crossed to the upside but BNBUSD was again rejected near the 10.6630 0.618 Fibonacci which now acts as a Resistance on 1D ( RSI = 51.257, STOCH = 54.064, Highs/Lows = 0). This has made an ideal technical Lower High on the 1W Channel Down ( MACD = -0.245, Highs/Lows = -0.3186, B/BP = -1.9013) but is the last chance to break into a new Lower Low. We remain bearish with TP = 7.5154.
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bnb 5.49$-6.96$ and 7.51 is next target or bottom?thinks
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