$BNB | BINANCE - PipGuard's GuideCRYPTOCAP:BNB | BINANCE - PipGuard's Guide 🚀🔥
Good morning, traders! 😎
Today, I present to you the second of the 4 analyses I’ve prepared on the crypto world! 📊 Remember: these analyses should be viewed with a medium-to-long-term perspective , as they are based on weekly and daily timeframes . ⏳
In this analysis, I’ve included 2 scenarios with opposite directions. My advice? Wait , compare , evaluate … and only then enter ! 🧠💡
We are in an uptrend, my friends! 📈 Don’t forget it. Before we can speak of a downtrend , much more is required! For now, any downward movement should be considered solely as a temporary retracement . 🛑
Price Analysis 💹
Currently, the price is at $606 . It reacted to the downside at the first bearish liquidity area (between $615 and $650 ). A close below this zone could trigger a further downward movement. ⚠️
But be careful! 📢 Always wait for confirmation . Right after this, we have an important bullish liquidity area between $590 and $610 , where buyers could interrupt the decline. 🚀
Therefore, a close:
- Below both liquidity areas : the first bearish confirmation. ⬇️
- Above both liquidity areas : confirmation of the ongoing uptrend. ⬆️
Useful Tips 💡
✔️ Read and follow this guide carefully.
✔️ Save the article so you can consult it in the coming days.
✔️ Remember: this is a medium-to-long-term analysis , so it will take time to develop. For this reason, it has greater value . 🌟
The targets have already been indicated in the analysis: review the text and analyze the chart for details! 📈🖥️
If you enjoyed my article, information, and analysis, I kindly invite you to leave a comment or show your approval. 🙏 I’d love to hear your thoughts!
Have a great day and happy trading, my friends! 🤑✨
Your PipGuard 🤝
