With the low of wave (2) in magenta, Binance should have finished a longer descending phase. Thus, we expect the altcoin to advance significant upwards movement, heading for the resistance at $398.20. This mark should be conquered in due time, so that the top of wave (3) in magenta can be reached. However, a 30% chance remains that Binance could slip below the...
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- We have Hit every target of my previous ideas with extremely high accuracy
- Next target will be 200-210 or 200-220 according to my analysis
- Highest buy volume sits between 200 and 220 range
- If we do not find...
BNBUSD is trading inside a Channel Down since September 2019 currently testing both the Lower High line as well as the MA200 on the 1D chart.
Levels to watch:
- The Resistance levels are 21.9000 and 24.0000 while the Support levels are 12.7000 and 11.8000.
- The Channel Down is making the first important test of the mid December uptrend on the Lower High and...
