Binance Coin / TetherUS
Short
Updated

A perfect Wyckoff distribution top

220
Everything is in the chart. In my previous article on BNB I said it would have to test 27 USD before rallying to 50 USD because of divergence in the indicators. But it rallied to 40 USD without testing. I wasn't able to see that it was playing wyckoff distribution top then.
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I am realising the power of line charts to look for the reversal patterns correctly.
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Buy it in the range 15 to 20 usdt. Here is my elliot wave analysis.
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Some more TA
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Wave B started
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Some TA
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Updated analysis after improving my elliott wave analysis -
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