Binance Coin / TetherUS
Long
Aggiornato

BNB/USDT nearing 22 day ema. Time to long??

392
istantanea
BNB is on a downtrend after reaching 25.4 usd and nearing 22 ema on a daily chart which has been a deciding factor for higher low historically since beginning of the uptrend at 5 usd. I will look for long in the 22.5 to 23.5 range if these happens -
1) If there is significant buying pressure at 20.5-21.5(when it bounces on the 22 day ema) or
2) If bnb doesn't touch 22 ema and maintains above 22.5 in the next 2 days
please comment your views

Nota
istantanea
Bnb is tightly packed on the 4 hourly chart with extremely low margins. It means a breakout is imminent. possible outcomes are described in the chart.
Trade attivo
entered the trade at 22.8
Nota
Stop loss at 19
Nota
Can be short

Closely observing this possibility.Currently feet on the ground and fingers crossed!!!
Nota
istantanea
Currently bnb is retesting the resistance area.
Nota
So far everything looks good. Patience my friends. Cheers!!!
Trade attivo
Those who are following this post can follow my new post i posted recently.
BNBUSDT - A false breakout would have reversed already.

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.