BNBBTC currently heading towards the bottom of the trading chann

BNBBTC has been trading in a range for the last couple months. The range is marked with the regression trend tool. Currently it is heading towards the bottom of that trading range as BTC skyrockets and gains more dominance in the market. BNB can see a further drop over the next few days with BTC volatility, before it shows signs of moving up again. Need to be patient and wait for a good entry once we see other indicators changing. The oversold area will be an important area to watch how the price action reacts to it.

-faulkin