BNB Revised Target from 460 to 600 @ End of April
is rising firmly (red) above the long term trend (yellow). A continuation of this trend until the overbought region will take us until end of April.
Volumes are rising steadily.
A mirrored gain of 240 takes us to a new revised target of 600.
Please note the timescales used for all Averages and are long term (144 - Fibonacci) and Overbought and Oversold regions on have been adjusted to match the @ 51 Oversold and 71 Overbought.
We should see support forming here before moving on.
The last couple of days have formed an excellent flagpole (ready for the next flag/pennant/triangle).
Likely new target (based on previous) 800 - 1000 although this has yet to be indicated on chart.
Short Term Gain to 1.6 Top of Price Trend.
1 Note Positive Price Trend with Negative Indicator Trends (Yellow) Signals Negative Divergence and change of price direction.
2 However positive news affects ADA.
Points 1 & 2 produce a critical juncture for ADA marked in Red on Price RSI and MACD.
NB Use of Fibonacci numbers long length 144 on all indicators.
There is however a further update being published shortly regarding ADA which is of-course PoS! ;)