A relief pump is possibile.We liquidated some BNBBTC about 30% higher, back in december. Not far off the 0.18 mark.
Nowadays BNB is a pretty risky asset, that said i foresee the potential opportunity for a scalp on W TF.
Key findings:
Bullish divergence on D, slight volume spike.
Overextended (red) TD 15 Count on W.
Slight bullish divergence on RSI/W.
Close to FIB 0.382.
Close to falling wedge Apex.
Early notice , Decent R:R here.
That's a high risk trade given D is still mixed and a further slump to 0.10 cannot be excluded for the time being.
So handle with care, DYOR.
