InvestMate|BNB/USDT End Of Accumulation💲
💲BNB/USDT End Of Accumulation.
💲As seen on the chart. After the first breakout wave which had its beginning on 21.11.2022.
💲We fell into a flat correction, repeatedly testing the support zone. Ultimately, the support zone held the price and we saw a tentative breakout upwards in the last few days.
💲I believe this is just the start of something bigger.
💲Over the next few weeks we will see the price pushing higher and higher.
💲The first resistance zone is a cluster of fibo levels. The first level is 0.236 of the upward wave from the 21.11.2022 bottom to the 26.11.2022 peak. The second level is 0.236 of the entire downward wave from the 2021 peak to the 2022 bottom.
💲This zone may hold the price for a short time.
💲The next key support zone is a cluster of two levels. The first is the double peak of 26.11.2022 and the second level is 0.382 of the upward wave from the bottom of 18.06.22 to the peak of 08.11.2022.
💲The scenario I'm playing out is a continuation of the upside with a reaction at the resistance zones. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
💲As seen on the chart. After the first breakout wave which had its beginning on 21.11.2022.
💲We fell into a flat correction, repeatedly testing the support zone. Ultimately, the support zone held the price and we saw a tentative breakout upwards in the last few days.
💲I believe this is just the start of something bigger.
💲Over the next few weeks we will see the price pushing higher and higher.
💲The first resistance zone is a cluster of fibo levels. The first level is 0.236 of the upward wave from the 21.11.2022 bottom to the 26.11.2022 peak. The second level is 0.236 of the entire downward wave from the 2021 peak to the 2022 bottom.
💲This zone may hold the price for a short time.
💲The next key support zone is a cluster of two levels. The first is the double peak of 26.11.2022 and the second level is 0.382 of the upward wave from the bottom of 18.06.22 to the peak of 08.11.2022.
💲The scenario I'm playing out is a continuation of the upside with a reaction at the resistance zones. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 www.t.me/Investmatez 💲
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