- BNB continues to be the outright leader in this bear market
- After dropping hard on the BTT news, BNB used the demand zone below to reload and it fueled the next move higher into the supply zone that has now turned into support
- It has been consolidating since the month of December in this channel and broke out higher on the 5th
- We could see it cool off and return back down into support, which coincides with the 60.5/61.8FIB levels for its next move higher
- We can target the $10 level is support is held where are likely to enter
- BTC should be on your radar as new lows will most likely drop the entire market and most likely drop BNB as well
Thanks guys!
Comment:
This trade knocked it out of the park as well!