BNBBTC continues to move in a narrow trading channel 0.002135 - 0.0022
If we expand the direction of the Thomas DeMark trend by TF, then at the moment we get: Week - flat Day - flat 4 hours - bearish
In general, the bearish mood dominates the BNBBTC market. I see the most likely direction of price movement within the local bearish channel (the scenario is marked with red arrows)
Critical level (breakdown will mean a change in the scenario) - 0.002177 The lower threshold for the day - 0.0021356 The upper limit for the day - 0,0022156
The probability of a bearish impulse is high.
Therefore, for me, the second scenario remains a priority; however, it is very fragile and will quickly decrease in probability if a local trend breaks down. In this case, the likely completion will be according to the first scenario.
Good luck to everyone and good profits! Respectfully, Michael @Hyipov
Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it. [/ I]
Not
Dear friends, I'm sorry, I was a wrong abutting 4H trend. At 4H there was a flat, not a bearish trend, and especially after a growing trend. Therefore, the priorities in the scenarios were not set correctly, of course, in this case, the situation inside the day will be bullish
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