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vongovar
May 26, 2021 11:53 PM

BNB - Waiting for EMA to break Long

Binance Coin / TetherUSBinance

Description

We have a consolidation zone given by the volume poc and the EMAS of 20 and 55. Once broken with force, bnb could reach the 500usd approx. values.
My entry price will be approximately 494usd. When the previous maximum has been exceeded .

ANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you

Comment

The activation price is 394 not 494.

At the moment the market is not looking good. You can see it in my last BTC analysis.

Remember that a breakout from the mean only happens with great strength. Not just a wick.

Comment

we never reached the activation price. The consolidation was pushed out on the downstream side.
Comments
lcaste73
Thanks for your analysis, you put 494usd in your comment instead of 394usd. Thanks again
vongovar
@lcaste73, Thank you very much! I hadn't noticed
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