Yeah, 
BNB has been on an absolute rampage for three months now. Thinking of apeing into it? Perhaps you should have a look at the WEEKLY chart first.
On 21 September I dropped the weekly timeframe analysis, talking about a 4-years old gigantic CUP & HANDLE pattern and based on that I gave a projected target of $1225.
Guess what, it has been HIT today.
That C&H pattern is a thing of beauty and will be featured in text-books soon.
Picture-perfect.
What now. Definitely no longs for me. If anything, I'm tempted to try a small-sized SHORT due to overbought RSI (78.5), and many BEAR RSI divergences on shorter timeframes (next posts of mine for these analyses).
Not opened a position YET, I need a bit more time to think.
What I am going to say is, be cautious with LONGS and even SPOT buys. It is just too oversold and too vertical👽💙
BNB has been on an absolute rampage for three months now. Thinking of apeing into it? Perhaps you should have a look at the WEEKLY chart first.On 21 September I dropped the weekly timeframe analysis, talking about a 4-years old gigantic CUP & HANDLE pattern and based on that I gave a projected target of $1225.
Guess what, it has been HIT today.
That C&H pattern is a thing of beauty and will be featured in text-books soon.
Picture-perfect.
What now. Definitely no longs for me. If anything, I'm tempted to try a small-sized SHORT due to overbought RSI (78.5), and many BEAR RSI divergences on shorter timeframes (next posts of mine for these analyses).
Not opened a position YET, I need a bit more time to think.
What I am going to say is, be cautious with LONGS and even SPOT buys. It is just too oversold and too vertical👽💙
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.