BNB to bitcoin. Logarithm. Time frame 1 month. Idea for understanding the main trend, secondary trends. The accumulation and distribution zones of a given asset of the most liquid and popular exchange (this is the main thing, the direction of thinking of the masses at scale). Setting trends in the crypto market.
Reaching the resistance of the inner channel (bull market 2021) and from it reversal. Now the price is at the support zone of the inner channel. The zone of the level 0.00744. The reversal zone. The percentages from it to the key support/resistance levels from which the further development of the trend will depend are shown on the chart.
This is how the trend of this crypto coin with its own blockchain exchange Binance on a line chart looks.
📊Trading pair to the dollar. with a more detailed description.
This is the greatest analysis post I’ve ever seen.👌
SpartaBTC
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@pejman_zwin, Thanks, I'm glad you find my post helpful.
melikatrader94
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Thanks for the quality work
Solldy
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There's a pretty strong trend in assets right now, so I think you'll be right, and the idea will work out. But I'm worried that maybe we just haven't considered all the factors. What do you think about that?
SpartaBTC
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@Solldy, Hello, let's see how the market trend develops. In any case, whatever happens, it is necessary to observe risk management in trading.
DeGRAM
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Thank you for sharing your analysis
SpartaBTC
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@DeGRAM, I am always happy to share up-to-date information about the cryptocurrency market.
FirstNameHelen
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Strong and excellent analysis as always
SpartaBTC
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@FirstNameHelen, I enjoy working for the benefit of my subscribers.