Some of the arguments you can see on the chart that are saying LONG can happen.
1. Price hold
2. Accumulation
3. Market buys (this means that somebody just bought a dip with 1 button)
4. Small volatility (approx 2% up - down)
The most important thing here is that the price is accumulating and even when the BTC went for a correction the BNB still stays strong. The (a) Scenario could be positive and (b) as negative. Such accumulation can go both ways and for now this depends also on BTC - if this goes to 15 800 or lower then (b). If BNB does a break out (a) gonna try my longs.
1. Price hold
2. Accumulation
3. Market buys (this means that somebody just bought a dip with 1 button)
4. Small volatility (approx 2% up - down)
The most important thing here is that the price is accumulating and even when the BTC went for a correction the BNB still stays strong. The (a) Scenario could be positive and (b) as negative. Such accumulation can go both ways and for now this depends also on BTC - if this goes to 15 800 or lower then (b). If BNB does a break out (a) gonna try my longs.
Trade active
LONG ACTIVE 247, 252
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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.