BNBETH pair has reached the low of the Kumo Cloud
which coincide with the lower line of a symmetrical
wedge. The projected Cloud is bullish, so one could expect
support around the 0.223 level. Even a breakout below
could be absorbed, due to the bullish projected cloud.
At current levels it is a wait and hold situation for
potential Eth buyers, since chances are we will see
a bounce from these levels. Only a strong break and hold
below the Cloud and wedge will be bearish and will
likely cause a strong capitulation towards Ethereum.
A bounce will first target the Kijun sen (white line)
and ultimately the upper cloud and upper line of the
wedge.
which coincide with the lower line of a symmetrical
wedge. The projected Cloud is bullish, so one could expect
support around the 0.223 level. Even a breakout below
could be absorbed, due to the bullish projected cloud.
At current levels it is a wait and hold situation for
potential Eth buyers, since chances are we will see
a bounce from these levels. Only a strong break and hold
below the Cloud and wedge will be bearish and will
likely cause a strong capitulation towards Ethereum.
A bounce will first target the Kijun sen (white line)
and ultimately the upper cloud and upper line of the
wedge.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
