Get started
moon333

BNBUSDT hitting the suppor of falling wedge | 13% expected

Long
Binance Coin / TetherUS (BINANCE:BNBUSDT)  
moon333 Updated   
BINANCE:BNBUSDT   Binance Coin / TetherUS
Wedge Fibonacci Oscillators binance binancecoin binancebtc binancecoinusd binancecoinusdt binancecointetherdollar binancecoinlong binancecoinsignals altcoin
8
0
wedgepattern fibonacci oscillator binance binancecoin binancebtc binancecoinusd binancecoinusdt binancecointetherdollar binancecoinlong binancecoinsignals altcoin
Priceline of BNB / Tether US is moving within a falling wedge and now hitting the support of wedge and bollinger bands.
This falling wedge support should be stop loss in case of complete candle stick closes below this support.
MACD is strong bearish and stochastic is oversold but did not give bull cross so we can wait for bull signal from stochastic or from MACD then buy.
I have used Fibonacci sequence to set the targets:

Sell between: 17.7323 to 21.4094

Regards,
Atif Akbar (moon333)
Trade closed: target reached

Related Ideas

moon333
AIONBTC formed bullish Cypher | A good long opportunity
moon333
ZRXUSD formed bullish gartley | Upto 40% expected
moon333
RVNBTC forming a bullish Shark | A good long opportunity
moon333
LINKBTC formed bullish Shark | A good long opportunity
moon333
WINBNB formed a bullish Butterfly | Upto 28% potential trade
moon333
BTCUSD has formed bullish Shark | A good long opportunity
moon333
SMNBTC forming gartley on 1hr chart | A good long opportunity
moon333
SNMBTC formed a bullish gartley | Upto 61% possibility
moon333
ZRXUSD likely to fail in breaking down 100 SMA
moon333
Bitcoin has formed Butterfly on 4 day chart | Upto 59% potential
moon333
BNBBTC formed bullish BAT on 2 week chart | Upto 152% expected
moon333
LINKUSD formed a bullish Shark | Upto 29% expected
moon333
ATOMUSDT formed a bullish BAT pattern | Upto 59% expected
moon333
IOTAUSD is forming bullish BAT | Another good long opportunity
moon333
XRPUSD forming a bullish BAT | A good long opportunity
moon333
BTCUSD formed a bullish Butterfly | Upto 24% expected
moon333 about BTCUSD 10
moon333
IOTAUSDT has formed bullish Shark | Utpo 38% possibility
moon333
TRXUSD extended the leg to form a bullish Shark
moon333
ADAUSD formed a bullish Crab | Upto 43% expected
moon333
XRPUSD price action extended the leg and formed a bullish Crab
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.