Well, I did not expect such a great downmove since binance listing to be honest.
But there are some things to be discussed:
1. The price is near at the breakout zone before binance listing
2. nevertheless there are a lot of improvements since then such as binance listing itself and the VPN partnership with trustzone
3. fundamentally bcn is a lot undervalued at the moment looking at the facts, at 26th may there will be a new roadmap updated
4. coming from stock trading i used fibonacci a lot as you can see in the chart, due to fibonacci a movement corrects at least to 23.6 which is about 0.22Cents depending on Bitcoin price
5. the first binance price was 0.0001 but on a very low volume, nevertheless we should take that chart for granted, there is some potential to move up the fibonacci letter...
But there are some things to be discussed:
1. The price is near at the breakout zone before binance listing
2. nevertheless there are a lot of improvements since then such as binance listing itself and the VPN partnership with trustzone
3. fundamentally bcn is a lot undervalued at the moment looking at the facts, at 26th may there will be a new roadmap updated
4. coming from stock trading i used fibonacci a lot as you can see in the chart, due to fibonacci a movement corrects at least to 23.6 which is about 0.22Cents depending on Bitcoin price
5. the first binance price was 0.0001 but on a very low volume, nevertheless we should take that chart for granted, there is some potential to move up the fibonacci letter...
