Binance CoinLong
BNB drop, Short term buy opportunity
Speculative opportunity at short term:
- BNB is on a bull channel
- Dropped today failing to pass $350 (expected as uptrend was exponential)
- Correction at $325 (support holding)
- Bollinger bend broken from the bottom
Buy opportunity at
330 or below:
- Long safe 'R1' at
345
- Long risky 'R6' at
365 (if $350 is broken)
Caution, BNB is at Binance news exposure.
- BNB is on a bull channel
- Dropped today failing to pass $350 (expected as uptrend was exponential)
- Correction at $325 (support holding)
- Bollinger bend broken from the bottom
Buy opportunity at
330 or below:- Long safe 'R1' at
345- Long risky 'R6' at
365 (if $350 is broken)Caution, BNB is at Binance news exposure.
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