I think that if BNB break the bull flag drawn here (blue line) it could reach the horizontal line that I've drawn here. I'm going to wait for breakout and volume confirmation. One thing that I really like is that the pole of the flag is exactly pointing to the previous ATH (yellow arrow) For me it is a good indicator it could goes there if other requirements are met.
Trade active
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It just broke out. Be careful volume is still low and RSI is about to be a bit high.
I hope that be met hopefully but BTC is going to delay all Technical Analysis every hour. We may be hopeful Bears step back the market or Bears step forward asap.
This pump will not come. Coins hasn't been listening to analysis for 1 week. :)
Vloc
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@sezerkurtcuk, yeah good correction in the market. Let's see where it breakout.
Ramon_Diaz
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Looks great, hope you just predicted the future! Think we go under 220 again before mooning?
sezerkurt
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@DoubleUPCrypto, I guess will be 180-200 at the weekend
Ramon_Diaz
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@sezerkurtcuk, Lets hope so mate! Thanks for the reply!
Vloc
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@DoubleUPCrypto, we have to keep looking at it and see where it will break but I still think that what happen now is a good correction of a really great rally we had. Then we will probably get good pump, but who knows when.
Vloc
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@DoubleUPCrypto, I can't tell. I'm not an expert trader yet! He!