Long

BNB ABC

Updated

BNB coin can be bullish.
This is an analysis of price pattern reading and may be wrong.
If this coin is bullish, so are other coins.
I have been given various fall analyzes last month in June. and it has brought me the truth but minimally. they have fallen, but not the initial assumption (not yet or never). I take into account that I may not have 100% truth and try to accept different theories.
This analysis is just theory today but if it reaches BS. and its bs price pattern and volume is right then we may see 1000$ at the end of this year.
I have seen this kind of correction before and it was bullish. extra bullish

Note

If you believe this theory then bnb coin must not fall around 450$.

Note

510 or 500 or something similar is normal to keep the truth of this analysis. bnb is 530 today. valid for this month

Note

Note

Over 100% increase in three months? sounds good

Note

What happened yesterday was only good. more rise

Note

btc cooling?

Note

bnb price pattern looks nice but what does btc do. when btc goes down bnb goes down too. we all get it

Note

only a little bit is missing so that it would be potential bs
around 610 would be nice, will it happen? I do not know

Note

if I follow small details then 550 is a sign of danger. but it depends, may be may be not.
cooling could be done above 550, that would be ideal

Note

this bs seems to be coming but we will soon see what the truth is.
results of some indicators when determining bs cooling (2h chart)
if the indicators do this cooling, it is important to me that it can stay above 550

Note

everything today is a guess but the price pattern of BNB is really good and it is difficult for me to see a downside for this coin today. the situation may change, but I'll keep an eye on it and watch that shit closely. because it can print us a fortune

Note

it depends a lot if it actually rises from here, then at the fib level the cooling could reach the minimum (0.236). let's say it's 620, then the cooling is at least 580. Reality often differs from assumptions, take that into account.

Note

about 600 can also be bs highest, that shit, it all depends. impossible to be of one firm opinion..

Note

I accept cooling below the yellow line

Note

in fact, I'm surprised that it hasn't reached the support of the yellow line already today, when the price was around 530 (when I published the analysis). it has to come somewhere before it goes above 700, that would be one logic. it is also an illusion, but still it usually happens

Note

I would like to see good support from the indicators (1d) (minimum example on the indicator chart) + a hundred different time chart indicators +fib ***minimum*** level is 570 today. Let's see what happens. falling below 550 is a question mark and may or may not be a danger sign. if 550 happens, going up to 600 is important to be strong

Note

What do I like today? btc down 3% but bnb down 1%. this coin is powerful and smaller signs that the biggest crypto exchange is strong

Note

if it doesn't rise above $600 and can't stay there, what will happen?

Note

July 23 1d rsi indicators have successfully made a minimum

Note

Expected to remain in the white triangle for the next 7 days. and then it could go $700 higher. ideally, it should be seen in late August
I would like to see below the light blue line + various supports on the indicators.

Note

it touches the white triangle well. we will see the truth in early August? possible

Note

this week is likely to stay in a white triangle given the different candlestick timecharts and their closes and opens

Note

$600 won't rise from here, so unpleasant is possible

Note

support starts to disappear. I would like an answer in a week

Note

this is not the bullish correction I am analyzing. there is no more good evidence that it will rise above 700 and not fall below 450. maybe something will change, but for now the analysis is closed. was interesting

MoralDisciple

Also on:

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.