BNBBTC
Updated
Looking at BNB on the daily chart
We are in location double bottoming off the .786 fib
Price sitting right at the top of value on VPVR acting as support
Big selling pleasure for 5 days and I think the bears are exhausted. Would like the bulls to step in and defend this beautiful double bottom
OBV looks good
Bullish divergence fired a while ago now
W%R is oversold
For me this will be a quick trade and not a long term hold. Considering the POC (Point Of Control) is sitting all the way down at 2000 sats I don't like the sounds of a long term hold. Essentially BNB will do a complete market cycle after CZ decides to stop pumping his coin. In and out, make money from trading is the came.
If you like what I do, hit the like button and consider subscribing. Thanks :)
We are in location double bottoming off the .786 fib
Price sitting right at the top of value on VPVR acting as support
Big selling pleasure for 5 days and I think the bears are exhausted. Would like the bulls to step in and defend this beautiful double bottom
OBV looks good
Bullish divergence fired a while ago now
W%R is oversold
For me this will be a quick trade and not a long term hold. Considering the POC (Point Of Control) is sitting all the way down at 2000 sats I don't like the sounds of a long term hold. Essentially BNB will do a complete market cycle after CZ decides to stop pumping his coin. In and out, make money from trading is the came.
If you like what I do, hit the like button and consider subscribing. Thanks :)
Trade active
Doing well so farDisclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.