This is just a quick follow up idea on my "How To Trade BNB" post.
But this one is for BNBETH.
I know I used a lot of Fibs in this analysis, but they worked very well in the past for this pair.
We are in a very strong uptrend/channel right now.
Using the Fibs you can easily see an ascending triangle formation (same idea as in the main post).
The orange boxes are the Buy/Sell areas as usual.
This is just supposed to be a quick extension to "How To Trade BNB" series, showing you that the same thing is also happening for BNBETH.
If you want my exact strategy how I trade these patterns take a look at the main post below.
But this one is for BNBETH.
I know I used a lot of Fibs in this analysis, but they worked very well in the past for this pair.
We are in a very strong uptrend/channel right now.
Using the Fibs you can easily see an ascending triangle formation (same idea as in the main post).
The orange boxes are the Buy/Sell areas as usual.
This is just supposed to be a quick extension to "How To Trade BNB" series, showing you that the same thing is also happening for BNBETH.
If you want my exact strategy how I trade these patterns take a look at the main post below.
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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.
Related publications
Disclaimer
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.