Approaching key support to continue up in this channel
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Holding support just about on the daily but looking to slip on the hourly
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The next ascending support is the 2x1 fib - On the second pic you can see a zoom out of the previous moves Bnb has made - A volume spike of yesterdays size is always followed by a continued move upwards - Bnb is no cheap pump and dump https://coinhttps://www.tradingview.com/x/wTdzmDN9/
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Price is heading for the 2x1 fib on the live chart above - Against Btc it never just does 1 of these moves - There is lots of signals I really think we will see more upside in the coming days
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On the day candle charts we are approaching a convergence of support on both Bnb/Btc and Bnb/Usd pairs
Everything is going up, but this thing just continue down.... probably it going back to start position
Nom_de_Guerre
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@estankus, BNb is a market hedge recently is why its moving opposite,, check my 'Hedge Master' chart linked above. It rallied the other day as Btc and all dropped, i'm expecting them to drop again
estankus
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Which support level shoul keep BNB from going down?
estankus
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Doesn't look promissing at the moment :/
Nom_de_Guerre
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@estankus, small time frame has broken support yes but check the update and pics
estankus
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@Nom_de_Guerre, if BTC will go down to 7k level, how do think BNB will react? Probabli also more down?