BNB/USDT - LONG
Current consolidation means bears and bulls fight over the movement of the price.
In the chart you will see my idea about Eliot's Wave Theory supported by Fibonacci Retracement.
Everything is explained by the text boxes.
Personally opening a position after the Fibonacci correction we can see a price going up to the 3 mark of Eliot's Main Wave.
Stay tuned for updates.
In the chart you will see my idea about Eliot's Wave Theory supported by Fibonacci Retracement.
Everything is explained by the text boxes.
Personally opening a position after the Fibonacci correction we can see a price going up to the 3 mark of Eliot's Main Wave.
Stay tuned for updates.
Note
Support zone handled the bears and we now see a quick rebound and the targets are same. Keep up to date with this idea by following me!
Note
First target reached. The price of BNB is increasing as BTC leads the way.Note
Second target reached today, we see great cycle of rebound in most altcoins. Next target is past all time high.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.