BNBBTC Short
William Alligator: the crypto is in a bullish position because the candlesticks start being above the Teeth, Lips and Jaw and the lines are “eating with an open mouth” this indicates that the crypto is in a strong uptrend.
RSI: the line is above 70, so the crypto is overbought.
Candlestick patterns: there is a bullish engulfing which is a bullish confirmation.
Overall: it can be interesting to take a sell position on this crypto because the crypto is overbought. Entry price is lower than the current price for assurance and stop loss is set at 5%.
RSI: the line is above 70, so the crypto is overbought.
Candlestick patterns: there is a bullish engulfing which is a bullish confirmation.
Overall: it can be interesting to take a sell position on this crypto because the crypto is overbought. Entry price is lower than the current price for assurance and stop loss is set at 5%.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.