3 scenarios I see on BNB 1h. For (a) or any longs 1. We need to break out 253$. There is a huge resistance from 253$ to 264$.
2. If we wont break out this soon we can get back to the closest support of 240$ and accumulate there for a while between 240-250$ (b).
3. If accumulation fails then (c)
Actually I don't like:
- Volumes aer decreasing
- The last high not broken
- 1h candles signalizing of the limit pressure at 252$ each time
(b) scenario more like happen. Positive will make it only a break out.
2. If we wont break out this soon we can get back to the closest support of 240$ and accumulate there for a while between 240-250$ (b).
3. If accumulation fails then (c)
Actually I don't like:
- Volumes aer decreasing
- The last high not broken
- 1h candles signalizing of the limit pressure at 252$ each time
(b) scenario more like happen. Positive will make it only a break out.
Trade closed: target reached:
(b) 240.2
