Binance coin has been pulling back with all other crypto's. May have found support, but expecting one more leg down. The actual use case of fee discounts so demand is constant.
Red 3.618 gave a good bounce, and that may be enough. Red 4.236 is the typical end of a wave on most assets. Red 4.618 will be critical for bullish momentum to continue.
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See some of my other ALT coins plots below. I also plot Forex and some Stock, check my profile page.
WTC top
MITH bounce
FET bounce
ADA breakout
XLM breakout
DASH top
ONT top
Of course, I have had total FAILS on some plots as well, not going to pretend. But my plans offer PRECISE entries, TIGHT stops losses, and EXACT take profits. Precision is the way of the Fib. Direction, however, is where the Trader comes in.
Komen
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Bounced from a higher fib than excpected and proceeding well. But is now approaching possible resisance at the red 1.618 around .0043890