Hi traders,hope you have good time.On the BNB chart, I envision a good rise due to the Bitcoin dominance situation. The 4-hour trend line is maintained and currently has the strength to break through the 260 resistance. If 2 4-hour candles close below 235, this The analysis is violated. The 200 EMA indicator, which is marked by the pink line, the price was able to break it and stabilize above it, which is a good sign. The resistances of 282 and 303 are the most important ranges for TP.
ENTRY POINT:240
STOP LOSS:CLOSE 2 (4H) CANLDLE BELOW 235.4
TP 1:282
TP 2:303
ENTRY POINT:240
STOP LOSS:CLOSE 2 (4H) CANLDLE BELOW 235.4
TP 1:282
TP 2:303
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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.