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May 19, 2019 2:03 AM

BNB/BTC What to expect on 1hr. BINANCE COIN Short

Binance Coin / BitcoinBinance

Description

BNB/BTC giving you the signal that its wanting to go lower now on 1hr time frame. Closed below last leg up. Look for the pull and then the drop.

Comment

Got some closes below support. Look for the pull back above support to test highs, then the swing down to retest the level it just held in the previous drop.

Comment

Went down and tested the next level perfectly. Look to take profits near the top green line as the is previous support. It will need to start closing above that and hold that line to stop trend reversal. Otherwise look for it to retest and make a higher low at the level it just held.

Comment

Remarkable! Held and then launched it. Notice how it closed back above and then held that line. Perfect price action to trade. A pity we can't short BNB.
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