💲Looking at the current situation, it's hard not to get the impression that most cryptocurrencies don't have much room left to continue their declines.
💲BNB positively surprised today by bouncing upward.
💲It looks like it could be the beginning of something bigger.
💲Given the technical environment in which it is hard to see the possibility of deeper declines.
💲It looks like the next days/weeks will bring us an upward accumulation.
💲The key resistance zone is around $288 where the fibo level of 0.382 of the last downward wave is located.
💲The scenario I'm playing out is a continuation of growth to the vicinity of the resistance zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲 *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
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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.