BNB next 24 - 11/30
Updated
Daily: last 3 corrections touched 55EMA
26th Nov red engulfing candle on high volume followed by 3 green with comparatively smally body and volume below average, indicating healthy fall and recovery
12h: local uptrend - orange slanted line and ascending triangle
6h: price consolidating; last major fall on 18th supported by 200EMA
4h: price doesn't fall below 200EMA during last 2 weeks
2h: last 2 red candles on above average vol. pointing downward price direction
1h: loose of price strength according to RSI and MACD; anomaly after price drop indicating local trend reversal
45m - continous move down supported by volume, no anomalies
30m - drop in price look too big, forming support with stopping volume
15m - local double bottom on RSI, support of 200EMA
5m - double bottom more visible and MACD going up from below
IDEA: quick sklap on Long
Entry 617, TP 628, SL 612
26th Nov red engulfing candle on high volume followed by 3 green with comparatively smally body and volume below average, indicating healthy fall and recovery
12h: local uptrend - orange slanted line and ascending triangle
6h: price consolidating; last major fall on 18th supported by 200EMA
4h: price doesn't fall below 200EMA during last 2 weeks
2h: last 2 red candles on above average vol. pointing downward price direction
1h: loose of price strength according to RSI and MACD; anomaly after price drop indicating local trend reversal
45m - continous move down supported by volume, no anomalies
30m - drop in price look too big, forming support with stopping volume
15m - local double bottom on RSI, support of 200EMA
5m - double bottom more visible and MACD going up from below
IDEA: quick sklap on Long
Entry 617, TP 628, SL 612
Trade closed manually
Price didn't fall below 617.5 and entry didn't activated.
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