BNB seems to be returned its strong tendency, however, in my opinion, it's in a corrective wave in M frame. Just finishing A in a A-B-C corrective waves, it might move in an complex texture since these are to finish a big uptrend from the beginning of BNB, this is the first B corrective wave in M since its birth, and it'll be strong, at least, it'll overspeed SOL...
As expected and discussed in my previous ideas,
BNB is and took a lot of dominance in the previous weeks and it is looking like there's still room for growth ahead of us,
The Binance Chain is growing so is it's Market Cap,
One of the top centralized exchanges in terms of trust and liquidity!
A lot of adoption around the Innovation center, ICO's, Lending and sold...
This should be a sign for anyone fearful about the future of BNB! Looks like its stealing energy from Ethereums Defi market because the gas fees are so ridiculous that it prices 99% of the first world out of it! Who would have guessed? Maybe Eth 2.0 will have something to say about it though!! These two will live together under one roof, roommates, they'll chill...
BNB.D touched previous resistance/support value and FIB indicates 0.786 retracement. Starting to accumulate BNB would be profitable for medium term, or even for short term.
Looking at the stochastic and the candle forming we might get a bullish close over the critical 1.11 level.
Check out this market structure. Strong fundamentals is what I see...
