The price reached the support zone between 14.65 and 14.00 support levels. If we get a confirmed price reversal, it will be a good buy opportunity based on the daily and lower timeframes.
Don't forget to watch for Bitcoin. If that market moves lower, BNB will be able to follow BTCUSD market. If so, we will see the breakout below 14.00 and the further falling to...
Potential Long Term Trendline Break.
Time to Place a Bet !
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Forming Falling Wedge Pattern in Weekly Chart..After Insane Weekly Close.
Holding EMA100 & Wedge Lower Border in Weekly Chart.(Looks Like Double Bottom As Well)
Buying Volume is Coming & RSI Bullish Divergence As well..But Need Some Strong Buying Volume For Wedge Breakout..
If You're Midterm Trader then it's Best Buying Opportunity For You..(Expecting...
I believe BNB will fall 77% from ATH to reach $9.00 zone. Then Go up 200% to $28,00 by mid 2020 and then fall to support zone $9,00 again by Dec/2020, and in 2021 reach a new ATH witch is gonna be around $70,00.
You should check if you can get support on the second uptrend line.
If it does fall, you should check if you can get support at 0.0018382.
It is hoped to ascend above the critical point of 14.9444.
The last important point is 13.0043.
Possible growth to 16, but if the price breaks 15.8 and fixes above it.
Since there will be a corridor between MA and the price should go there.
But while resistance is felt, do not forget about the price reduction to 14.40.
while btc goin 20 k bnb goes there it is a shark pattern, complete maybe not and still goes there to complete it will not go up vs btc only 10 percent and cut 50 percent after that. Most coins doin shark patterns