BNB is currently at the precipice of interacting with it's macro 0.618 fibonacci level. This is one of the largest areas of resistance on the chart and we will most likely get rejected.
We are well above a level of resistance that has now flipped to support and I believe we'll retest back into that level, as well as the 200-day EMA to find support for a continued move up. If we don't find that support, this will be a very profitable short.
Our Ichimoku Cloud is flipping from resistance to support, which is a sign the price action will start retesting for support soon.
We have just entered back into our Keltner Channel as well. Another sign of a potential price reversal.
We are well above a level of resistance that has now flipped to support and I believe we'll retest back into that level, as well as the 200-day EMA to find support for a continued move up. If we don't find that support, this will be a very profitable short.
Our Ichimoku Cloud is flipping from resistance to support, which is a sign the price action will start retesting for support soon.
We have just entered back into our Keltner Channel as well. Another sign of a potential price reversal.
