Hello everyone, let's look at the 1D BNB chart to USDT, in this situation we can see how the price came out of the downward trend line and currently persists over it.
Going further, let's check the places of potential target for the price:
T1 = $ 686
T2 = $ 732
Т3 = $ 795
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = $ 648
SL2 = $ 599
SL3 = 541 $
Looking at the RSI indicator, we see a clear increase on the indicator that crossed the upper limit, which can also affect the potential relaxation.
Going further, let's check the places of potential target for the price:
T1 = $ 686
T2 = $ 732
Т3 = $ 795
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = $ 648
SL2 = $ 599
SL3 = 541 $
Looking at the RSI indicator, we see a clear increase on the indicator that crossed the upper limit, which can also affect the potential relaxation.
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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.
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.