BNBUSD: Already Captured 206 points, What’s next?

In the previous article, we successfully projected a 206-point fall, or -27%.

Click here: https://www.tradingview.com/chart/BNBUSD/bBGSku80-BNBUSD-Could-Be-Setting-Up-for-Another-Heavy-Flush/

The wave count shows a slight change on the chart. BNB is below the lower band of the parallel channel. We can expect reversal zone 1, from which demand can take place. Unless it doesn’t seem favourable to take a falling knife, unless price reverses into the channel again.

We will update further information soon.

By BrightRally_Research