InvestingScope

BNBUSD: All Targets hit. Consolidation ahead.

BINANCE:BNBUSD   Binance Coin
Both our mid level TP set: 8.8857, 8.2522 and long term TP = 7.5154 have been achieved as the 1W Channel Down (RSI = 34.264, MACD = -1.053, Highs/Lows = -3.1643, B/BP = -5.2961), delivered another -45.50% bearish leg. Although that is not near the Lower Low limit (3.500 - 4.000), it indicates that the decline for BNB may be over. Our SOER strategy on BNBUSD has been completed and if within the next month a clear support is made we will update. On any other occasion, we are not interested in this coin.




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