BNB global trande idea
Good situation for growth. The long pattern in the upward trend and the pullback, which forms a downward trend, is the only one, only at an acute angle.
This can mean 2 outcomes:
1) A strong impulse and a long growth to 30. But here the MA50 is ugly in terms of growth ratio behaves. Ideally, see a new trend formation, that is, a banal intersection of MA50 from top to bottom of MA200, then the picture is 80% for growth.
2) This is a continuation of the downward trend, in addition, the MA200 shows itself strongly, the price will go up to the level of 14.30, and there it will repulse and we will again test level 20.
As for the levels, the basis is 17 (support) and 24 (resistance). But level 24 is not hard to break through. It is possible to see a flem during the week, which is a adventage for buyers.
This can mean 2 outcomes:
1) A strong impulse and a long growth to 30. But here the MA50 is ugly in terms of growth ratio behaves. Ideally, see a new trend formation, that is, a banal intersection of MA50 from top to bottom of MA200, then the picture is 80% for growth.
2) This is a continuation of the downward trend, in addition, the MA200 shows itself strongly, the price will go up to the level of 14.30, and there it will repulse and we will again test level 20.
As for the levels, the basis is 17 (support) and 24 (resistance). But level 24 is not hard to break through. It is possible to see a flem during the week, which is a adventage for buyers.
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