P_S_trade

BNB. I want to buy $ 9

P_S_trade Updated   
BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB is in consolidation between 3 price zones. It is important to understand when the price will go locally, because I believe globally in the growth of this coin. If buyers can not break through the price zone of $ 14-15, there will be a chance to buy this coin at $ 9- $ 9.5 (Provided buyers do not keep strong price zone 12-12.5). The chart shows how the price is slowly turning over.
But if buyers try 14-15 dollars and will fix above - I will buy with targets 22.6 $ 28.3 $ 35.6 $
Comment:
BNB could not break 14.1-14.7 $. Therefore consolidation continues. Sellers aggressively return the price to 12 and will try to break through it. 13-13.2 is the middle of consolidation .. Temporary stop.
Comment:
BNB is traded in a triangle. We need to wait. However, the angle of attack of buyers is reduced. They are weak. I think now the initiative is being intercepted by sellers. Let's see if I'm right.
Comment:
BNB will continue to trade between two price zones: 12 - 12.4 $ and 14.2-14.7.
Now we are near the lower price zone. You can take risks and buy a BNB, but with a short stop. Ideal to try to buy in area 12. To go with minimal damage, if the fall continues. Because if this price zone is tested, the next stop is $ 11.
Comment:
A good trading on a BNB with a short stop (Stop loss at the bottom of the trend line of the orange channel).
Comment:
sellers broke the main price zone of the BNB. Now a possible test for this zone by buyers. If buyers do not pick this zone from sellers, I'll wait $ 9 BNB. in any case, I do not recommend buying it in the long run.
Comment:
9 $. a critical point in the BNB. The last liquid zone from which a powerful upward movement can begin. I'm waiting for the closure of a 12-hour candle.

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