BNB: slow correction before ascending triangle breakout?
Binance Coin (BNB) might repeat the past if the MACD stays within the cyan lines from April to June 2018. If so, that may start the final wave, with completion before some consolidation and finally a possible upward breakout of the ascending triangle in August.
My first TA. Ideas and feedback are welcome.
My first TA. Ideas and feedback are welcome.
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So far it's on track.
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Still following the trend pretty closely. Keep an eye on this. Let's see if we break out of the triangle and the top becomes support.
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Let's see some bounce(s) off that upper orange line before we call it support, but it's looking good. It should be clear where we have S&R.