no question BNB has been a bull this season, and i don't think the party is over.
i'm seeing a major bullish channel, and price seems to be sticking to fib levels nicely. 0.718 fib level looks to have flipped from resistance to support. i don't like buying tops, so i'm going to wait for a bounce off the .718 level for my entry (≈$450). if the train leaves without me, so be it. top of the channel seems like a reasonable target given the trend, though i'll probably take some profit around ATH (≈$630) to be safe.
i'm seeing a major bullish channel, and price seems to be sticking to fib levels nicely. 0.718 fib level looks to have flipped from resistance to support. i don't like buying tops, so i'm going to wait for a bounce off the .718 level for my entry (≈$450). if the train leaves without me, so be it. top of the channel seems like a reasonable target given the trend, though i'll probably take some profit around ATH (≈$630) to be safe.
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hit the $450 entry EXACTLY. that doesn't happen every day, but gotta love when it does! i expect price to consolidate a bit further before the next move, but you never know.Disclaimer
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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.