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balaupre
Apr 19, 2023 4:27 PM

BNB drop, Short term buy opportunity Long

Binance Coin / US DollarBinance

Description

Speculative opportunity at short term:

- BNB is on a bull channel
- Dropped today failing to pass $350 (expected as uptrend was exponential)
- Correction at $325 (support holding)
- Bollinger bend broken from the bottom

Buy opportunity at HKEX:330 or below:
- Long safe 'R1' at HKEX:345
- Long risky 'R6' at HKEX:365 (if $350 is broken)

Caution, BNB is at Binance news exposure.
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