BNB/USDT Main Trend (part) Cup 150% Pivot Zones.
Updated
The main trend (part). Timeframe 1 week. Cup 150% Reversal zone. A cup with a base of about 150% has formed in the secondary trend. The price is now at its resistance of 666.
The 666 zone is an important reversal/trend continuation zone:
1) Not overcoming and formation of a horizontal channel (low probability).
2) Continuation of the trend (breakthrough and realization of the cup's targets), possibly through a flat in this resistance zone or through a small pullback - the formation of a cup with a handle).
Coin in the coinmarketcap: Binance Coin
Secondary trend. Timeframe 1 day.
BNB/USDT Secondary trend. Resistance to previous highs.
The 666 zone is an important reversal/trend continuation zone:
1) Not overcoming and formation of a horizontal channel (low probability).
2) Continuation of the trend (breakthrough and realization of the cup's targets), possibly through a flat in this resistance zone or through a small pullback - the formation of a cup with a handle).
Coin in the coinmarketcap: Binance Coin
Secondary trend. Timeframe 1 day.
BNB/USDT Secondary trend. Resistance to previous highs.
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