Hi everyone,
I needed a little analysis for myself in BNB in this chaotic time.
I based my chart analysis on fibonacci retracement, what occures to me is that we have to wait a little bit to have a clear direction, no M or W pattern there and contradictory indication between hour and daily.
I'm still bullish in Monthly though!
What do you think?
This just and...
BTC is correcting, I needed a small chart analysis.
In daily BTC is in a ascending canal and just encounter its fibo resistance at 0.786 from last mouvement.
In monthly view it kinda look like a reversal, M top is under construction on RSI and on price.
So market reversal or bear trap?
This just and educational chart to point out levels, not financial advice.
Solana is in battling zone between 2.414 and 2.618 fibonaicci from last big mouvement.
Those support and resistance are being tested since 3days, for info last consolidation was 10days long: patience is key!
This just and educational chart to point out levels, not financial advice.
