Welcome to this analysis around BINANCE COIN, BNBUSDT. here we are looking at 4 hour time frame chart and we can see price just had rebounced from support area. in this manner there are 3 points that suggest further advancement for BINANCE COIN price to test higher levels. these 3 are bullish signs if BITCOIN holds 33000 level.
RSI Divergence
HH and HL in 4h RSI timeframe is a testimonial to bullish trend for now.
Ichimoku Cross
as i look at my chart i can see that the first bullish sign in this trend was Cross-Up through the Ichimoku Cloud about 2 days before this idea.
MA200 Breakout
for the first time in 2 month or more we had a breakout on MA200. as you can see it acted as a resistance. but when the breakout spreads to upper time frames for exmp. 12h and 1d i can say its up trend approval.
In this manner, thank you for watching my analysis about BINANCE and the important element on the global perspective that must be considered, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best!
RSI Divergence
HH and HL in 4h RSI timeframe is a testimonial to bullish trend for now.
Ichimoku Cross
as i look at my chart i can see that the first bullish sign in this trend was Cross-Up through the Ichimoku Cloud about 2 days before this idea.
MA200 Breakout
for the first time in 2 month or more we had a breakout on MA200. as you can see it acted as a resistance. but when the breakout spreads to upper time frames for exmp. 12h and 1d i can say its up trend approval.
In this manner, thank you for watching my analysis about BINANCE and the important element on the global perspective that must be considered, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best!