BNB looking up...as always :)
BNB has bounced off the latest weekly bullish fib lvl .707 at 254, and is on its way up to test the weekly bearish fib lvl .5 at 312.
if all goes well we will be hitting the 240 target fib lvls of -.236 at 313 and 321 of two latest bullish fibs on our way up to the weekly bearish cluster lvl of .618 and .65 at 440 to 457.
R:R always at 1:4 or above
obviously not a financial advice
if all goes well we will be hitting the 240 target fib lvls of -.236 at 313 and 321 of two latest bullish fibs on our way up to the weekly bearish cluster lvl of .618 and .65 at 440 to 457.
R:R always at 1:4 or above
obviously not a financial advice
Note
Bullish RSI div and breaking the upper trend line....again confirms the bullish prediction
Note
many times a pricecharts hits several times a fib level before heading to the next target.....so......Obejctives stay the same :)
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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.