BNB had seen a pump after a short period of re-accumulation -- where the green w-like pattering is marked (bought earlier at breakout back over the red 21 EMA).
Cyber Ensemble SELL signal has now been triggered.
PRISM oscillators looking bearish in the short term as well -- overbought (red background), and with the AJ-Ribbon falling with widening gab between the limegreen jerk-line below from the red-acceleration-line above, pulling momentum down. The middle Snap-like had already plunged negative.
BNB will need to drop at least to the 38.2% Fib level, where the red 21 EMA is at. This is also roughly where the previous local high was at as well as where the green Ichicloud is approaching.
If the 21 EMA fails to hold, expect to drop down to 61.8% Fib level where the green 50 SMA is also at.
Bearish if 50 SMA fails to hold and bearish target is at thick orange 200 SMA line.
Cyber Ensemble SELL signal has now been triggered.
PRISM oscillators looking bearish in the short term as well -- overbought (red background), and with the AJ-Ribbon falling with widening gab between the limegreen jerk-line below from the red-acceleration-line above, pulling momentum down. The middle Snap-like had already plunged negative.
BNB will need to drop at least to the 38.2% Fib level, where the red 21 EMA is at. This is also roughly where the previous local high was at as well as where the green Ichicloud is approaching.
If the 21 EMA fails to hold, expect to drop down to 61.8% Fib level where the green 50 SMA is also at.
Bearish if 50 SMA fails to hold and bearish target is at thick orange 200 SMA line.
Nota
Will it go up and form a bearish double top "m" pattern before retracing?Nota
Looks like the AJ-ribbon is already starting to make a Bullish reversal on the hourly with the latest candle pump. There may not be a chance to accumulate more at a lower price, but previous conditions to sell and collect profits still stands — i.e. if BNB falls blow the red 21 EMA line, will collect profits and wait to potentially buy in at slightly above the 50 SMA. youtu.be/vGccElXHehs
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.