BNBBTC repeating 2018

25 Jul 2021

This chart points out the obvious similarities of BNBBTC between the 2021 price action and that of 2018. As you see since September 2020 the pair has been following closely the pattern of mid 2017 - 2018. Even the LMACD sequences are identical.

If that continues to be the case, then what this pattern suggests for the pair now, is that a consolidation within a Triangle may be possible for another 2-3 months before one last rally.

Do you think that will play out?


Previous BNBBTC idea:

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