BNB would increase 50% ?

26 Eki 2022

BNB broke out its trendline. At the same time, the prices are quite close to the weekly trendline support (shown in chart).

OBV and CMF also broke its trenline which support bulls in short-term. What we need is the break-out of MFI to trigger a (short-term) rally.

It is possible that BNB will retest the trenlines but in my opinion BNB would go 50% up in mid-term. Certainly, this scenario depends on global marcros and BTC.

Here below a referenced set-up:

• Entry: DCA from here to trendlines
  
• Target: 50% (from here)
  
• SL: 15%
  
• Invalidation: 1W candle closing below the actual weekly trendline.
  

27 Eki 2022

İşlem elle kapatılmış

closed due to fall of biggest tech companies

28 Eki 2022

İşlem aktif

Good news (linked to markets and tweeter) seems supporting BNB.

31 Eki 2022

Not

BNB has increased 14%.

4 Kas 2022

Not

BNB has increased 30% since entry. It's likely that it'll break the current resistance go up faster.