We are approaching the point of exit from the triangle.
We have two options – an upward exit from the triangle or a downward exit.
Both scenarios are possible.
However, the upward exit scenario is more preferable, as we are in FIBO wave #3 of the upward movement.
The wait won't be long, as the extreme point of this triangle is close – marked with a blue flag.
The current price BNBUSDT=530$
Regarding the FIBO & TA we gonna to dive in to 2 scenarios:
1. Bullish. If the chart will crossing UP the bearish channel (red bold line) close to the green circle (bullish target) - we are waiting the price around the 3.3 wave=624$.
2. Bearish. If the chart will crossing DOWN the bullish channel (green bold line) close to the...
