Hello everyone, let's look at the 1D BNB chart to USDT, in this situation we can see how the price came out of the top of the ongoing downward trend.
Going further, let's check the places of potential target for the price:
T1 = $ 646
T2 = $ 683
Т3 = $ 732
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = $ 592
SL2 = $ 558
SL3 = $ 535
SL4 = $ 505
Looking at the RSI indicator, we see
As we entered the upper part of the range again, however, there is still a place for the price to go higher, giving more targets.
Going further, let's check the places of potential target for the price:
T1 = $ 646
T2 = $ 683
Т3 = $ 732
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = $ 592
SL2 = $ 558
SL3 = $ 535
SL4 = $ 505
Looking at the RSI indicator, we see
As we entered the upper part of the range again, however, there is still a place for the price to go higher, giving more targets.
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.
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.