🛑Will $BNB fall again? What is this parallel channel? 🤔 Why is it down again from $625, where will the next pump come from? 🤯
🔸How are you? Here I brought an update before BNB. So as I said, it has been pumped from the golden area of the FIB levels, that is, from the 0.618 area😁. When I take the 1 hour chart, BNB, which was pumped from the golden area, is now moving by creating a parallel channel. The lower lower is currently our SL, that is, the $588 price level. So the first bullish OB has been created and pumped here, you can see it. To be honest, the middle area of a parallel channel determines the price movement. The middle area has been broken with the first BOS. You can see it. Then a bearish OB was created at the $629 price level. That is where this other dump has started. We have heard a BOS here, we can see it. The next pump starts from the area I have marked in blue. Here the $600 level is our entry. Even though there was an IMB in the middle, it has already filled in the lower time frame. So, good day to everyone.
