BNB currently in a strong support zone, the RSI is crossing over MA14
#US DOLLAR ANALYSIS
The US dollar got rejected from the horizontal resistance and is currently retesting above the descending triangle and the MA 200. MACD crossover is turning bearish and RSI is moving toward the oversold region.
A failed retest and breakdown of the MA 200 would be the bearish confirmation, while a solid breakout of the horizontal resistance would be the bullish confirmation. We've to note that it usually works inversely proportional to the market.
Im looking for a strong pump
Entry: 215.66 - 216.32
SL: 213.5
TP1: 228.06
TP2: 240.88
TP3: 260
Not a financial advice, please manage your leverage and risk
Thanks
#US DOLLAR ANALYSIS
The US dollar got rejected from the horizontal resistance and is currently retesting above the descending triangle and the MA 200. MACD crossover is turning bearish and RSI is moving toward the oversold region.
A failed retest and breakdown of the MA 200 would be the bearish confirmation, while a solid breakout of the horizontal resistance would be the bullish confirmation. We've to note that it usually works inversely proportional to the market.
Im looking for a strong pump
Entry: 215.66 - 216.32
SL: 213.5
TP1: 228.06
TP2: 240.88
TP3: 260
Not a financial advice, please manage your leverage and risk
Thanks
Trade closed: stop reached
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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.
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.