TradingView
InvestingScope
Oct 17, 2018 12:52 PM

BNBUSD: Channel Down emerged but still above the support lines. Short

Binance Coin / US DollarBinance

Description

Despite the weekly (non-technical) volatility (ATR = 0.4643), the Binance Coin has created the anticipated Channel Down on 1D but remains largely neutral (RSI = 50.191, MACD = -0.050, Highs/Lows = 0.0000) due to Monday's spike. The 8.8857 and 8.2522 support levels need to break on this Channel Down. Our TP on BNBUSD remains 7.5154.
Comments
Mangaladaymers
very nice
More