JambalayaFinance

JambalayaFinance

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.

JambalayaFinance

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...