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BNBAUD Will Break Hearts💔💔💔💔💔💔BNBAUD will see a huge drop from ATH 900+AUDto 680AUD. The token/currency pair have been trading in a bullish structure, unfortunately this structure was broken with BTC drop few days back. Now we will see continuation of this bearish move for some time. Price action can invalidate this move until then, we have assume the worst. Our OB level have been retested, so it makes sense to short the pair until we see a significant presence of buyers before we exit. PLEASE LIKE AND COMMENT WHAT YOU THINK, DONT FORGET TO FOLLOW ME AS WELL...
BShort
by Kingsley_lotanna
BNB comes up for mid channel???as we can see BNB break its key level and confirmed price above the key level with three bullish pin bar. that is good for its up trend. also the price made higher high top and this is good for its up trend also. and also BNB break its down trend and its pullback to down trend is completely done. i think BNB can hit the mid channel in few days and after that its depend on market situation that its can continues to the top of channel or it will pullback on this key level again.
Long
by mahdinaderloox
ETHEREUM CLOSE TO THE APEX FOR A BREAKOUT / BREAKDOWNETHEREUM Trading inside a symmetrical triangle, This can of course most likely be a breakout to the upside and a continuation of the previous trend once we pull back into the area I have Highlighted on the chart . I have marked this region because of 3 strong areas of confluence ..The POC or fixed range profile , fib pull from July Low to High , which aligns perfectly with our POC and the 50 EMA. The pattern contains at least two lower highs and two higher lows, When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape. The future direction of the breakout can only be determined after the break has occurred. A break should be on a closing basis for it to be considered valid. After the breakout (up or down), the apex can turn into future support or resistance. The price sometimes returns to the apex or a support/resistance level around the breakout before resuming in the direction of the breakout. Whatever trade you take ensure to use a SL and know your invalidation . Make a plan and stick to it and always know in advance where you are wrong . Support my work with a follow Like or a constructive comment .
by SJTRADESFUTURES