MORE BEARISH ACTION TO ($3800-4600) RESISTANCE ZONE BEFORE FINAL BULL-RUN TO ATH
First & foremost; I'd like to point out this elliot wave pattern spotted on BNB/BTC; with good reason.
Reason being; tracking BNB/BTC patterns has been IMMENSELY helpful in tracking BTC/USD patterns... although not always* precisely because Binance is the #1 exchange (volume wise) which is a fact, not an opinion.
So it would only make sense that the price/volume of BNB is directly correlated to the price/volume of BTC; which serves as an invaluable tool in defining uncertain chart projections using analysis of other coins/tokens & specifically: exchanges...with Binance having more volume than any exchange, hence studying the pattern/movement of BNB can help swat away the distractions of all the shorts & margin/leverage trading news on Bitmex we've been hearing so much about: which HAS DEFINITELY impacted the market.
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