$BNB Binance Coin Head & Shoulders ALERT! ( @binance )
Hello there ladies and gentlemen, BulloTaurus here with an important update for today today .
I've been looking why BNB is not getting any volume for upside movement after i have posted another chart with Binance Coin analysis.
Yesterday it was printing a nice rising wedge on Daily Timeframe and it was looking good but today the pattern got invalidated.
That's why zooming out is very important if you plan to trade long-term.
I saw the Head and Shoulders pattern only when i switched to weekly timeframe and all indicators show that you should SELL!
Don't get me wrong, Binance coin is awesome and its utility is unbelievable, USD chart should look better and bullish but BNB/BTC is bearish, very bearish...
RSI, MACD and other indicators are RED, i liquidated all my BNB holdings and i will better exit with a small loss than being a bag holder.
New trades appear daily, don't marry your coins!
Peace.
🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌
P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
I've been looking why BNB is not getting any volume for upside movement after i have posted another chart with Binance Coin analysis.
Yesterday it was printing a nice rising wedge on Daily Timeframe and it was looking good but today the pattern got invalidated.
That's why zooming out is very important if you plan to trade long-term.
I saw the Head and Shoulders pattern only when i switched to weekly timeframe and all indicators show that you should SELL!
Don't get me wrong, Binance coin is awesome and its utility is unbelievable, USD chart should look better and bullish but BNB/BTC is bearish, very bearish...
RSI, MACD and other indicators are RED, i liquidated all my BNB holdings and i will better exit with a small loss than being a bag holder.
New trades appear daily, don't marry your coins!
Peace.
🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌
P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
Trade active:
It is going down down down! Careful, a big dump is possible.
