Binance Coin
Short

New 0.618 Fibonacci rejection. Triangle about to break.

156
The 1D Triangle has extended to another 0.618 Fibonacci rejection at 10.6630 and BNBUSD remains mostly neutral on the short term (1D ADX = 24.067, CCI = -34.4623, Highs/Lows = 0.0000). The 1W Channel Down is still bearish though (MACD = -0.192, Highs/Lows = -1.0307, B/BP = -2.7842) and a cross below 9.05 is expected which will break the Triangle and allow our TP = 7.5154 to be accomplished.

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