Long

Will BNBUSD Complete his ABCD pattern ?!

Updated

By 18/10/2021 - BNBUSD has completed his C point, which is the higher low. From the Fibonacci retracement, the price already hit 0.786, which means it already passed 0.618. There is a higher low so assume and sure if it is making a bullish trend and my target price, for now, is $573 and can get more higher until $636 (1.618)both prices is already made a new higher high and will make the complete ABCD pattern. Be aware there is a resistance in B Line point.

Note

There is a small sideway detected now. based on history price if there is a small sideway the price will be going down for a moment and my target is the first green line.

Note

BNB already break the resistance which mean there is possibilities if the price will going up and we wait for the first correction before entry

Note

BNB reach $550 which mean $30 less from target

Trade closed: target reached

Congrats for the 32%

folound

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