BNB - Breakout against BTC - Steady against USD
BNB is being independent of the market slump, holding and even gaining incrementally against Usd whilst smashing Btc - Hedge of the day
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Normal retracement after such a move - You can see on the Gann charts that the BTC candles have found support on the 1x2 Gann fib ray and may stay inside this range - The Usd candles found support on the Bottom of Square and may well move back to the blue Gann 1x1 before moving up again - All in all a few days of sideways range bound stuff to come but probably little if any more drop - Targets for next sells are on the arcs
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Bounce will occur today on the Usd chart when the candles touch the blue 1x1 Gann Fib ray - If the candles dont bounce here then we have a problem - Good luck *)
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So far it seems that was the bounce we were looking for *)
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Breakout - targets on the fibs and arcs
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Moving up into the arc against Btc, candles should re touch the 1x2 gann fib ray they're just above and then push thru, I've raised the Btc target - Against Usd the new daily candle has opened on support above the fib
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zoomed out
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Bnb candles just need to retouch the trend lines then will continue up
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We broke the uptrend - Looks like the candles need to re touch the bottom of the range - Still very bullish longterm for Bnb
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BNB breakout imminent
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Bnb broke support against Btc whilst climbing against Usd - next chance of a reversal on the Btc priceis when the candles hit the Bottom of Square or the blue 1x1 - I expect Bnb dollar price to continue creeping up - When Btc does drop I expect Bnb to be one of the first coins to take advantage of that
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Breakout science - The candles need to get above and hold above the 1x1 for the price to continue to the higher fibs
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The blue band on the dolar chart to hold for the arrows on the btc chart to complete - I reckon it will happen on Monday when the rest of the market moves up
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Pretty much doubled against Btc and 60% against Usd since this call ;P
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Likely top prices against Btc are in this area
