BNB. A global triangle!
In the previous idea of the BNB, I forecasted 2 scenarios of the price movement. One of them was a scenario that buyers would not be able to keep the price zone 12-12.4 and the price would fall to $ 9. It was from $ 9 that I expected growth. The price was replaced by a noticeable and this scenario was possible. This script worked out. What conclusions can be made after the fall of the BNB to $ 9:
1) We are in the global triangle. The lower trending line of the triangle is the lower trend line of the channel in which the BNB moves, and the Upper trending line of the triangle is carried out through the highs of the coin (25.18 and 17.2.).
2) The price zone 9-9.4 $ is an important price zone. Apart from the fact that there is a good volume to stop the price, a trend line is passing through this zone and if buyers do not keep this zone - the BNB's downfall will continue rapidly.
3) In order for this coin to continue a strong upward movement, buyers must first turn the price zone to 12-12.4 $. The breakdown of $ 14-14.7 will indicate great prospects for the BNB growth (this is the last liquidity zone of the BNB, and there is a trend line of the triangle.)
If you deselect the price range breakout option of 9-9.4 $, I see two scenarios of the price movement:
1) consolidation until the end of November 2018, after which the growth will begin to $ 22
2) During this growth, buyers will beat 12-12.4 and 14-14.7 $ and the price will fly up to 22 $.
1) We are in the global triangle. The lower trending line of the triangle is the lower trend line of the channel in which the BNB moves, and the Upper trending line of the triangle is carried out through the highs of the coin (25.18 and 17.2.).
2) The price zone 9-9.4 $ is an important price zone. Apart from the fact that there is a good volume to stop the price, a trend line is passing through this zone and if buyers do not keep this zone - the BNB's downfall will continue rapidly.
3) In order for this coin to continue a strong upward movement, buyers must first turn the price zone to 12-12.4 $. The breakdown of $ 14-14.7 will indicate great prospects for the BNB growth (this is the last liquidity zone of the BNB, and there is a trend line of the triangle.)
If you deselect the price range breakout option of 9-9.4 $, I see two scenarios of the price movement:
1) consolidation until the end of November 2018, after which the growth will begin to $ 22
2) During this growth, buyers will beat 12-12.4 and 14-14.7 $ and the price will fly up to 22 $.
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okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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