I was expecting a large market dump today but Bnb continues to hold above the 100% fib from previous ATH...which puts the next fib at $40 - My global Mcap chart showed a topping out yesterday, the global mcap chart excluding btc looks healthier though - I'm not fully convinced yet of a further rally for Bnb but this has got me watching it closely, slap in the face full confirmation would be a candle above 28usd
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Last week Bnb broke down thru the 1x3 Gann fib ray in the picture beneath as light blue after being rejected at previous ATH - It went to regain the 1x3 this week and break thru previous ATH - If Bnb can open this sundays candle above $25.08 it stands a good chance of going thru $30 possibly as high as $40 Note
Someone told me a funny joke today about Bnb re-tracing, Bnb...retracing...haha imagine that - More upside looking more likely each day Note
Struggling at 2019 ATH - Also see Bnb/Btc chart beneath for same resistance - I'm pretty sure this will break upwards on the next couple of 240 candles against btc - 0.004 btc level will be a further test, same price in dollars is around $32.50 usdt Note
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First target on the 4th arc has hit, looking to re-buy around $26.50 - But will be watching bnb closely Note
Apologies the arrows should be like so - The light blue 1x3 uptrend needs to hold Note
Headed for $40, and possibly much https://higher...https://tradingview.sweetlogin.com/x/TxuBIvyf/Note
Bnb is here on a broader view, sitting on last years uptrend, this chart isnt completed yet, Gann says that, not me :P - Both Total Mcaps of Btc and Alts are above support - you can see 3 of those charts on my page going back to the start of the rally - You would expect a dump here really, but this is cryptos so always expect the unexpected - Good luck ;) Note
Resistance here on the 1x4 Gann fib ray, the price could push thru to $40 area or return to the top of the 4th arc and 1x3 Gann fib ray around $33.50 for a bounce and ascending support 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.