Cryptalion

BNB Back For Good Once Again

Long
BINANCE:BNBUSDT   Binance Coin / TetherUS
After a long decline as you can see downtrend was broken. We have find support on our favorite number 0.618 fib. Ahead of us is the first serious resistance ~25$ which is a horizontal stop for buyers. When approaching it, you should partially fix your positions. The second serious resistance ~40$+ which is a horizontal stop for buyers.
Bottom line: In general, if you adhere to the scenario with a global market turn in the bullish direction, then the long from this price looks just fine. Not financial advice!
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