mafisicoders

mafisicoders

Binance would be starting LAUNCHPOOL of Notcoin PANCAKESWAP:NOTCOINWBNB_AA26CA in a few hours. And the it is the start of a new week after the DROP on Friday. We can see a clear W formation on CRYPTOCAP:BNB based on @TradersReality indicator. We expecting the price to reach above CRYPTOCAP:BNB 597 before the end of the LAUNCHPOOL in effect, recovering...

mafisicoders


The Chart shows a Resistance at 14.36 slightly below the 50 EMA and also closed to the Day's Open . If the Resistance does not hold then we are looking towards a SHORT which would be temporal lived until 14.10 or close to the M1 position. There is a strong SELL/BUY (MM). This shows a cool W formation ready to be missed!

mafisicoders

The next support of BNB after Upward movement would be around 564.

mafisicoders Updated 

There has being a great fall of the BNB since March 17 few days before the close of the LaunchPad poll. And looking at the chart we can see the W formation showing up below the 50 Days EMA with a confirmation candle of a rise just immediately after hitting the lower point for the 2 days. We see BNB moving up to 533 before the close of the Month.

mafisicoders

After the strong rally from 509, today we see the V wap annoucing a retrace before the expect the Run. Should we close our Initial LONG? I would be thinking so but let us wit for the CONFIRMATION candle.