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Hello dear friends.
BNB/USDT (BINANCE COIN) coin under consideration)
As I wrote in the previous analysis, I expect a decrease in the price of this coin.
Hype-hype, but the crypto market never grows without corrections.
We are almost 100% up to one of the levels that I pointed out to you earlier.
Now-if you take the entire crypto market as a whole, it needs correction.
As a trader, I do not like to guess on coffee grounds, and I do everything strictly according to what the chart draws, what the pattern indicates, and what the volume indicates (cluster, normal) and much more (take the same indicators MACD/RSI/KDJ/BOLL)
New people come to the market who trade without knowledge, without observing the risks, and soon-they will lose.
Yes, as sad as it is-90% of them will lose everything... Since corrective movements - without knowledge, you can not just guess.
A few days later - the month of March (in 85% it was red for all markets)
And judging by the fact that all the time we only grew in price - I expect a small collapse in these tools.
Fibo grid - correction to the level - $ 142-150
strong support is also at this mark.
An important level now is the $ 235-250 level
If the bulls manage to hold it, we can see a double bottom, as well as ATH updates.
This level is very important as there was no trade on this range.
If it is not kept, the price will collapse towards the support value.
MA200CROSS will also serve as support
Be attentive now with your attitude.
If you have an open position, move your stop loss
For those who are looking for purchases, it is important that the price closes today or tomorrow above the 280-300 mark
IF THIS DOES NOT HAPPEN, the price will be brought to the level that I wrote to you.
This Channel is not financial advise, It's My opinion and My observation: @opptrade
❗️❗️❗️Disclamer:❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠