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DLavrov
Dec 14, 2019 1:01 PM

BNBUSDT: The Bottom and New Trade Opportunities 

Binance Coin / TetherUSBinance

Description

The price reached the support zone between 14.65 and 14.00 support levels. If we get a confirmed price reversal, it will be a good buy opportunity based on the daily and lower timeframes.

Don't forget to watch for Bitcoin. If that market moves lower, BNB will be able to follow BTCUSD market. If so, we will see the breakout below 14.00 and the further falling to lower support zones. That's why we have to use stop orders and exit from markets in time, when they start movements against our opened trades.
Comments
mahmoodrezaahmadi1987
Hello my friend,
Thanks for your professional analysis.
Is it possible to specify the direction of movement in the 1-hour time frame or 4-hours ?
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