BNB is a Binance exchange coin, a very technical coin for obvious reasons.
The tool is very simple and predictable in trading. BNB is a brand of the Binance exchange.
In the global downward channel.
A lateral movement was formed inside it, which formed a horizontal channel with a pitch of 40%.
Now the price is at the bottom of the accumulation channel.
Potential formation of a figure of a triple bottom when the price goes beyond the downtrend line.
The reversal zones on which the development of further movement depends showed on the chart.
The critical zone and the trend fracture zone were also shown on the chart. It is important that the price does not fix below it.
Entrance.
1) Now with confirmation of support.
2) In case of a breakthrough or a pullback after a breakthrough of the downtrend line (red line, resistance line of the downtrend).
Stop loss.
Under key support levels during your entry into the market. Also consider coin volatility and the possibility of resetting Stop Loss before an upward movement.
Target.
Horizontal channel target + 40%
Triple bottom target from + 40% to 113%
BNB / USDT trading idea for January 14th.
BNB / USDT. Ascending channel. Cycle. Wedge. Reversal zones.

The tool is very simple and predictable in trading. BNB is a brand of the Binance exchange.
In the global downward channel.
A lateral movement was formed inside it, which formed a horizontal channel with a pitch of 40%.
Now the price is at the bottom of the accumulation channel.
Potential formation of a figure of a triple bottom when the price goes beyond the downtrend line.
The reversal zones on which the development of further movement depends showed on the chart.
The critical zone and the trend fracture zone were also shown on the chart. It is important that the price does not fix below it.
Entrance.
1) Now with confirmation of support.
2) In case of a breakthrough or a pullback after a breakthrough of the downtrend line (red line, resistance line of the downtrend).
Stop loss.
Under key support levels during your entry into the market. Also consider coin volatility and the possibility of resetting Stop Loss before an upward movement.
Target.
Horizontal channel target + 40%
Triple bottom target from + 40% to 113%
BNB / USDT trading idea for January 14th.
BNB / USDT. Ascending channel. Cycle. Wedge. Reversal zones.

Note

local work. After the break of the main downtrend line, a local uptrend developed and a diamond pattern with a base of 20% was formed. The price held above the downtrend line, which is a good sign. This formation may become the ultimate trend reversal pattern. Entry towards the breakout of this formation.
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Related publications
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.
✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Related publications
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.