BNB (Binance)
What's up guys !
if you take your time back , you shall see that price made a double top chart pattern on the 4H and broke the neck line with an engulfing candle showing the strength of the bears.
On the 1H , Price then reaches a Weekly support zone and makes multiple rejections as price hovers around this area , Waiting for the break of the trend line and the last swing high (BULL) to enter my BUY ,
The MACD divergence also helps and add as a confluence as I observe for the cross of the EMA 14 and EMA 50
What do you think ?
if you take your time back , you shall see that price made a double top chart pattern on the 4H and broke the neck line with an engulfing candle showing the strength of the bears.
On the 1H , Price then reaches a Weekly support zone and makes multiple rejections as price hovers around this area , Waiting for the break of the trend line and the last swing high (BULL) to enter my BUY ,
The MACD divergence also helps and add as a confluence as I observe for the cross of the EMA 14 and EMA 50
What do you think ?
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.