Hello Traders!
After retracement, BNB found support near $361 and began to consolidate in a narrow range of $361 - $404.
Momentum of sellers is gradually decreasing, and the trigger for the exit from the consolidation is a break-down of $430 level near which there is MA100 on the daily timeframe.
Short-term purchases can be considered in the range of $404 - $430. Closing the deal by a stop-loss should be reasonable if the price leaves under the price level of $332
The targets are the price levels of $563, $600, $652
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
After retracement, BNB found support near $361 and began to consolidate in a narrow range of $361 - $404.
Momentum of sellers is gradually decreasing, and the trigger for the exit from the consolidation is a break-down of $430 level near which there is MA100 on the daily timeframe.
Short-term purchases can be considered in the range of $404 - $430. Closing the deal by a stop-loss should be reasonable if the price leaves under the price level of $332
The targets are the price levels of $563, $600, $652
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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.