🟠$BNBUSDT 4H
#BNB(Binance Coin) on a 4-hour timeframe shows clear evidence of a BULLISH DIVERGENCE pattern.
#BNB has reached the price of $338 in December 2023, since the local top price has seen multiple LH (Lower High).
However, on the other side, the RSI is showing just the opposite and is forming new HL( Higher Lows) considering this and also looking at the support #BNB is getting from M.A.
It seems to me that #BNB is finally ready to break above this month-old downward price channel and break above the $313 level.
📈In Short-Term Bullish📈
But the market can flip at any time!
So DYOR (Do Your Research)
Hit 🚀 if you guys want more Crypto Pairs analysis.
#bnbusdt #crypto #marketpdates #thesoumyoroy
#BNB has reached the price of $338 in December 2023, since the local top price has seen multiple LH (Lower High).
However, on the other side, the RSI is showing just the opposite and is forming new HL( Higher Lows) considering this and also looking at the support #BNB is getting from M.A.
It seems to me that #BNB is finally ready to break above this month-old downward price channel and break above the $313 level.
📈In Short-Term Bullish📈
But the market can flip at any time!
So DYOR (Do Your Research)
Hit 🚀 if you guys want more Crypto Pairs analysis.
#bnbusdt #crypto #marketpdates #thesoumyoroy
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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.