2021-04-06

BNB vs USD (BINANCE COIN)

 IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
BINANCE COIN HAS BEEN FORMING A BETTERFLY SELL PATTERN , THE B POINT RETRACED 0.707 OF XA SO THE COMLETION POINT OF THE PATTERN CAN BE CALCULATED BY  1.4104 EXPANSION OF XA  AT 390, BUT NOT EXCEED 420
STOP LOSS PLACEMENT WOULD BE ABOVE 420
ABOVE 282 BULLISH BAMM TRIGGER WAS BORN UNTIL 390-420 AREA (COMPLETION POINT)
I DO THINK ACCORDING TO EWP THAT CONFIRMED THE HARMONIC ANALYSIS, WHERE THE MINUTE FIFTH WAVE OF MINOR THIRD WAVE IS COMPLETE AT 390, THEN IT IS LIKELY THAT PRICES  REVERSE TO THE DOWNSIDE AND SET AT 230-265 ZONE