dionisiusdh

BNB/USDT Close to Confirmation. What do you think? A or B?

dionisiusdh Updated   
BINANCE:BNBUSDT   Binance Coin / TetherUS
Just a beginner's view. BNB/USDT is still unable to breakout from its major downtrend line in the hourly frame. In a few hours or so, we might be able to see where would the price go as a guide for next week movement. What do you think will happen? A or B?. A means that it will successfully break the trendline and would have a chance to go back to 235-240. Otherwise, if the chart breaks down, 200-190 will be the next strong support. Or are there another possible scenarios? Looking at the MA5 and MA20, which I think might cross each other soon. It think there's a big chance for scenario A to happen. Suggestions are welcomed. Thanks!
Trade closed: target reached:
We hit the target, 240!
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