here is my analysis; *RSI – bearish : bears are in control as well as the rsi trend is coherent with the trend. *FIB – bearish : retracement from previous HL to HH is beneath the golden ratio *BB – bearish : candle closed outside the band *MAVW – bearish : trend below the blue line *PATTERNS – bearish : it seems a double top formation *ELLIOTT – natural : If...
are we at the reversal point or bears will keep momentum downwards (which could be the most likely). either the market is bear or bull there could be a bounce from the current price as shown on the graph and with different alternatives there is slight increase of the volume, price is just below the trend line this is not a financial advise
my technical analysis for bnb, all in chart. I am beginner in trading so please do not consider this as financial advise