A perfect Wyckoff distribution top

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Everything is in the chart. In my previous article on BNB I said it would have to test 27 USD before rallying to 50 USD because of divergence in the indicators. But it rallied to 40 USD without testing. I wasn't able to see that it was playing wyckoff distribution top then.

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ملاحظة

I am realising the power of line charts to look for the reversal patterns correctly.

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Buy it in the range 15 to 20 usdt. Here is my elliot wave analysis.

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Some more TA

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Wave B started

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Some TA

١ أغسطس ٢٠١٩

ملاحظة

Updated analysis after improving my elliott wave analysis -