Binance Coin / BitcoinUpdated BNB reaching critical level
BNB is forming a Descending triangle
And touching the support line as well as daily loud at the same time
If BNB breaks down closes below that line then that would be extremely bearish for BNB
And touching the support line as well as daily loud at the same time
If BNB breaks down closes below that line then that would be extremely bearish for BNB
Note
Nice bounce from the cloud and the Horizontal supportThose who have not entered this pair can enter now with stop loss set at Kijun (red line)
We still don't have a confirmation about the overall trend right now
We are only buying at a much better price
We must break 0.0016 for a bull trend and 0.00135 for a bear trend
Trade closed: target reached
Target was reached on that huge move and so the trade closed
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.
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.