looks like a double top pattern formed on the daily and now with the news that there is a nationwide outage in the US over a big shopping weekend with Father's Day, my idea for this is that we see a big drop at the open on Monday.
Happy Trading Everyone!
I know just about everyone is bullish BNB with the announcement of margin at Binance, I would like to offer a different idea. This looks like a double top pattern to me, support marked in red on the way down. Strong above $36 and I am wrong. Happy Trading Everyone!
EOS started dropping right at the June 1 announcement and the rest of the market decided to follow. I think we get a plain vanilla ABC correction here, with a good buying op scaling in below $6. Happy Trading Everyone!
a "buy the rumor sell the news" idea, then buy back position after price comes back down. Trying something new with using the fib rings, want to see if it helps with timing and price projection. Happy Trading Everyone!