bnb was looking bearish until CZs tweet twitter.com along with the binance chain announcement saw market participants fomo a big green dildo which whicked out on the kijun.
price was clinging onto horizontal support for dear life while cloud indicated a break down was likely. a test of the diagonal support looked imminent as we headed towards my buy...
4hr looking grim...
- broke down with re-test from other side
- price below cloud + bearish TK cross
got bids at the .618 fib and 50% retrace, with the fork coming up i imagine there will be a lot of buy pressure at these lvls.
looking at RSI i dont think bears have enough steam to take us near 2mm sats. if we get there its a gift n ill look to add margin near...