💡Don't miss the great buy opportunity in BNBUSD @binance Long

Binance Coin / TetherUSBinance

Description

⋅ Feb 8, 2022 7:03 AM

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (432.1).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. BNBUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.

Take Profits:
TP1= @ 453.4
TP2= @ 464.8
TP3= @ 475.5
TP4= @ 488.6
TP5= @ 505.7

SL= Break below S2

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Comments

Sophi2018

⋅ Feb 8, 2022 7:49 AM

Very nice chart.

ForecastCity_ME

⋅ Feb 8, 2022 8:37 AM

@Sophi2018, Thank you for your feedback. We appreciate it.

DenizKilicDeniz

⋅ Feb 8, 2022 7:41 AM

Clear analysis.👍

ForecastCity_ME

⋅ Feb 8, 2022 8:38 AM

@DenizKilicDeniz, Thank you for your comment. We appreciate it. 🌹

abhishekvardhan86

⋅ Feb 8, 2022 12:10 PM

Thanks for the help sir. I had invested a small amount on trial purpose about an hour back. Your deduction have a huge support. Warm regards