BNB/BTC BULLISH POTENTIAL
Hello fellow traders ! This is my take on the Binance coin BTC pairing.
As you can see price has come down to market structure. We do not want to break the level we are currently at hence the stop loss. If this level breaks, this trade is invalidated. Given the structure, the oversold conditions of the RSI, as well as the Stochastic RSI crossing up above the 20 level, there is not very much downside risk.
Time will tell ! Good luck !
As you can see price has come down to market structure. We do not want to break the level we are currently at hence the stop loss. If this level breaks, this trade is invalidated. Given the structure, the oversold conditions of the RSI, as well as the Stochastic RSI crossing up above the 20 level, there is not very much downside risk.
Time will tell ! Good luck !
Note
so far on trackNote
so far on track
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.