Binance Coin / TetherUS
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BNB: Recovery and Possible New Uptrend

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BNB has completed 5 waves (look at BTC hourly, it’s much clearer) and now seems to be forming a double bottom. MFI is also showing “strong buy”.

I placed my long entry at 400, tp 417 and sl at 391.7 (R/R 2), a little bit below the recent Low.
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It has gone sideway for a while and looks like it’s in Wyckoff accumulation phase. I closed my long position at 406 and am staying out watching, may enter again at 400 or 393.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.