BNB AROUND A STRONG ZONE
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Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
BNB AROUND A STRONG RESISTANCE ZONE!
As we clearly see price is still trading inside this rising wedge pattern
So, we are still overall bullish.
However, price is around a strong resistance zone, so we are speculating a bearish reversal as well
So, for the bears to kick in we need a break below the marked major swing low, or a new swing low to be formed around the trendline then a break
Until that happens we are still bullish and price can still trade higher before reversal
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
BNB AROUND A STRONG RESISTANCE ZONE!
As we clearly see price is still trading inside this rising wedge pattern
So, we are still overall bullish.
However, price is around a strong resistance zone, so we are speculating a bearish reversal as well
So, for the bears to kick in we need a break below the marked major swing low, or a new swing low to be formed around the trendline then a break
Until that happens we are still bullish and price can still trade higher before reversal
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Note
Glad to see you there: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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