BNB/USDT Analysis, 04/20/2019
BNB/USDT update, 04/20/2019
Because of the current configuration, I believe that we might correct a bit. We aimed for the ATH and managed to get through with a a higher high, however we quickly got rejected.
Currently, we are stagnating between -0.786 and the cluster -0.618 -0.65, above an area that may have become a support.
As for the candle, it varies between green & red in shooting star, it goes without saying that a close red would be an indication of an imminent correction.
Especially since the indicators are all in an overbought zone, and although the RSI no longer forms a bearish divergence, it remains very bearish.
To conclude I would say that if you own BNB and the daily were to close red, it would be wise to sell them in order to buy them back lower, on the $20 or even $17.5.
Because of the current configuration, I believe that we might correct a bit. We aimed for the ATH and managed to get through with a a higher high, however we quickly got rejected.
Currently, we are stagnating between -0.786 and the cluster -0.618 -0.65, above an area that may have become a support.
As for the candle, it varies between green & red in shooting star, it goes without saying that a close red would be an indication of an imminent correction.
Especially since the indicators are all in an overbought zone, and although the RSI no longer forms a bearish divergence, it remains very bearish.
To conclude I would say that if you own BNB and the daily were to close red, it would be wise to sell them in order to buy them back lower, on the $20 or even $17.5.
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.
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.