Hello traders, what's going on guys and girls ?!
Since 02 Jan 2022, As I expected , Binance Coin has been chasseing the bars pattern till now , Although so far the both bars pattern scenarios had a lot of overlap, but now faced a dilemma to chooses between the haven or hell way πππ !! (more than 30%π° (1x)short).
So today as you can see in the weekly time frame, BNBUSDT is struggling to overcome the pivot zone then if should breakout the breakout the decending trend line as a dynamic support , so according to scenari0-2 if it be to maintain this important zone it can see see the higher red zone, but otherwise if not be able to maintain , according to scinario-1 , in this case it can even see the lower support zone !
βοΈ Good luck with your trading and investing and remember: Trade smartβ¦OR JUST DONβT TRADE!
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πThis analysis is my personal opinion ,not a financial advice ,so do your own research.
π if you're fan of my analyses please follow me , give a big thumbs π OR drop a comment π―
Since 02 Jan 2022, As I expected , Binance Coin has been chasseing the bars pattern till now , Although so far the both bars pattern scenarios had a lot of overlap, but now faced a dilemma to chooses between the haven or hell way πππ !! (more than 30%π° (1x)short).
So today as you can see in the weekly time frame, BNBUSDT is struggling to overcome the pivot zone then if should breakout the breakout the decending trend line as a dynamic support , so according to scenari0-2 if it be to maintain this important zone it can see see the higher red zone, but otherwise if not be able to maintain , according to scinario-1 , in this case it can even see the lower support zone !
βοΈ Good luck with your trading and investing and remember: Trade smartβ¦OR JUST DONβT TRADE!
--------------------------------------------------------------------------------------------------------------------
πThis analysis is my personal opinion ,not a financial advice ,so do your own research.
π if you're fan of my analyses please follow me , give a big thumbs π OR drop a comment π―