The 4HR MACD is implying Class Hidden bullish divergence, implying continuation in price action to the upside, this has been developing within a bullish penant pattern. The 1hr hidden bullish divergence is beginning to play out which can cause the 4hr MACD to start to flip green.
The BNBBTC chart is showing similar features within a large cup and handle pattern form (breaking out of the handle right now). 4hr and 1hr hidden bullish divergence too.
The BNBBTC chart is showing similar features within a large cup and handle pattern form (breaking out of the handle right now). 4hr and 1hr hidden bullish divergence too.
Note
The penant can now be drawn between the ath and the new peak created, the pattern is still in play.Note
Congtats to anyone who considered BNB as a trading opportuninty, outperformed my expectations and beyond!
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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.