Binance Coin (BNB) holding strong
This could be a trend continuation signal. If it fails, a further dip to retest the lower levels (at $1, near the red line, and the 61% level) is probable. Just below $14 levels, BNB has $12.87 and $11.58 as a previous support region.
starts to turn red, meaning that a downtrend can be starting soon. is neutral at 55. Worth mention that the latest bottoms were formed with the at the 40 levels, so we believe BNB still has space for another low.
In another scenery, a break and close above the 23.60% Fib level is needed for buyers to take control and retest the previous high.
Considering that Bitcoin doesn't break below the $6400 levels, a good buy opportunity would be at the retest of the 50% and 61% Fib levels, at $14.59 and $13.88 range.