As we can see in the graph;
BNB Has trended reflective of most cryptos in the form of significant bull runs, along will just as significant retraces.
In the latest case, TA shows we have currently found a happy retrace point, breaking out of the bearish run, then retracting to the 61.8 golden level.
Using fibs across this range provides extremely strong correlation to historical levels, both lower and high for profit targets.
If BNB continues to repsect these FIB levels, we can expect BNB to run towards the vicinity of $50, $63 then further more to even $92USD.
This provides a 2.5X, 3X and 4X ROI at current levels. Being a stable coin, this will definitely hold part of my portfolio moving forward.
Do your own research, and only invest what you can afford.
Crypto currency is extremely unreliable and unregulated for the most part
BNB Has trended reflective of most cryptos in the form of significant bull runs, along will just as significant retraces.
In the latest case, TA shows we have currently found a happy retrace point, breaking out of the bearish run, then retracting to the 61.8 golden level.
Using fibs across this range provides extremely strong correlation to historical levels, both lower and high for profit targets.
If BNB continues to repsect these FIB levels, we can expect BNB to run towards the vicinity of $50, $63 then further more to even $92USD.
This provides a 2.5X, 3X and 4X ROI at current levels. Being a stable coin, this will definitely hold part of my portfolio moving forward.
Do your own research, and only invest what you can afford.
Crypto currency is extremely unreliable and unregulated for the most part