BNB -coffee to expensive! Are we gonna stay in the restaurant?
Hey guys, as you might remember, BNB had build this beautiful cup & handle on the Daily, without follow through.
=> Right now we're again at a crucial previous resistance level at $14, where we'd previously been building an ascending triangle for quite some time.
We're clearly underneath the 12 & 26 EMA, and the chart looks very bear flaggy: After the huge dump from $17, we still cannot bring up enough appetite to buy sth. for $14! ;)
So beware, especially bulls: A definitive bear-break of this range could signal some pretty heavy downside potential. We're still grinding on the 12 EMA on the weekly, but this could be lost. => I will be talking about this in today's episode of the 'Crypto Chart Analysis', make sure to watch it! ;)
If you had some value from my analysis, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
=> Right now we're again at a crucial previous resistance level at $14, where we'd previously been building an ascending triangle for quite some time.
We're clearly underneath the 12 & 26 EMA, and the chart looks very bear flaggy: After the huge dump from $17, we still cannot bring up enough appetite to buy sth. for $14! ;)
So beware, especially bulls: A definitive bear-break of this range could signal some pretty heavy downside potential. We're still grinding on the 12 EMA on the weekly, but this could be lost. => I will be talking about this in today's episode of the 'Crypto Chart Analysis', make sure to watch it! ;)
If you had some value from my analysis, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
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.