BNB/BTC support zones of interest: Binance Coin re-buy opps
BNB was pretty clearly topping when BTC spiked and brought all x/BTC pairs down hard.
BNB fared much better that most other Alts, and seems to be holding expected supports.
BNB of course has the magic bullet of Binance traders always buying it for fee discounts.
Red Fib is of drop,which bounced on 3.236 and currently holding 2.236.
But the Red 4.236 is quite plausible, if BTC makes another strong leg up.
Final support is green 1.618 & 4.236 confluence but doubt it goes there.
BNB fared much better that most other Alts, and seems to be holding expected supports.
BNB of course has the magic bullet of Binance traders always buying it for fee discounts.
Red Fib is of drop,which bounced on 3.236 and currently holding 2.236.
But the Red 4.236 is quite plausible, if BTC makes another strong leg up.
Final support is green 1.618 & 4.236 confluence but doubt it goes there.
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