Hello friends and followers
Here is an update as to what has been happening for the past several days with BNB. So taking a look at the daily chart we can see a near complete cup and handle within a possible price channel bringing about a change of trend if it holds. I have indicated on the chart what may come to pass with my ideas.
Here are some highlights
*MACD above the 0.000 Value since October
Cup and Handle
Increased Volume
Bullish Price Channel
Until then, the trend is your friend. Buying on the dip and selling on the hype.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!
Cheers!
Here is an update as to what has been happening for the past several days with BNB. So taking a look at the daily chart we can see a near complete cup and handle within a possible price channel bringing about a change of trend if it holds. I have indicated on the chart what may come to pass with my ideas.
Here are some highlights
*MACD above the 0.000 Value since October
Cup and Handle
Increased Volume
Bullish Price Channel
Until then, the trend is your friend. Buying on the dip and selling on the hype.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!
Cheers!
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.