Yorokobi1272

BNB corrective impulse might be ending

BINANCE:BNBUSDT   Binance Coin / TetherUS
Since 184$ BNB has been able to make a corrective impulse to 256$ and that means about 40% gains from bottom. To answer if the corrective impulse can continue is not a thing of technical analysis anymore, technically it can reach 300$ but it is hard to believe during a bear market. There is still a lot of FUD, social media rumours about bankruptcy of some big exchanges and there is always the common desbelief sentiment of crypto that can make possible new historical bottoms... Meanwhile I think the best option is to plan the strategy and don't get surprised if prices go higher or lower. It is really hard to predict, during these times I am just searching for the safest technical position to trade.

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