It is just similar to BTC, and many more cryptocurrencies I think.
Finishing wave 5 from b in wave B. So naturally we can wait for a better position to buy (in wave C).
I also should say I guess this is a Zigzag correction.
Stop- loss around 400, incase price goes up.
Expect to find a good purchase point between Fibonacci extension levels .886 and 1 (between 265 and 210 USD). But we should monitor the situation like always.
Please let me know what do you think about BNB
PS Please note I am not a pro trader, so these are just my Opinions and not financial advice
Finishing wave 5 from b in wave B. So naturally we can wait for a better position to buy (in wave C).
I also should say I guess this is a Zigzag correction.
Stop- loss around 400, incase price goes up.
Expect to find a good purchase point between Fibonacci extension levels .886 and 1 (between 265 and 210 USD). But we should monitor the situation like always.
Please let me know what do you think about BNB
PS Please note I am not a pro trader, so these are just my Opinions and not financial advice
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