BNB ANALYSIS:
BNB finally hit a strong red daily wick as it hit the major resistance zone. Indicators have been saying overbought for some time, but I think we finally blew off top here. I expect further downside to come into play as a small healthy correction would be good to see. Overall, I am still bullish, but a retrace to area of interest and a hold would be prime! Short targets are at T1 of $24.40, T2 at $23.20, and finally T3 at $21.80. Once we get into area of interest, I will look for early signs of reversal and update to turn to long positions!
BNB finally hit a strong red daily wick as it hit the major resistance zone. Indicators have been saying overbought for some time, but I think we finally blew off top here. I expect further downside to come into play as a small healthy correction would be good to see. Overall, I am still bullish, but a retrace to area of interest and a hold would be prime! Short targets are at T1 of $24.40, T2 at $23.20, and finally T3 at $21.80. Once we get into area of interest, I will look for early signs of reversal and update to turn to long positions!
Trade closed: target reached:
WIN!
BNB/USDT SHORT Hit Target 1!
+6.15% Profit!
BNB/USDT SHORT Hit Target 1!
+6.15% Profit!
Trade closed: target reached:
WIN!
BNB/USDT SHORT Hit Target 2!
+10.77% Profit!
BNB/USDT SHORT Hit Target 2!
+10.77% Profit!
Trade closed: target reached:
WIN!
BNB/USDT SHORT Hit Target 3!
+16.15% Profit!
BNB/USDT SHORT Hit Target 3!
+16.15% Profit!