NoFomoCharts

Binance Coin (BNB/USDT) - 4HR - Potential Bearish Momentum MACD

Short
NoFomoCharts Updated   
BINANCE:BNBUSDT   Binance Coin / TetherUS
Binance Coin (BNB/USDT) cryptocurrency is in a intraday uptrend (15-minute, 1-hour, 4 hour time frames).

However, the MACD indicator is beginning to exhibit potential bearish momentum.

Binance Coin could pullback down about -4% over time for swing trading (especially if Bitcoin pulls back down as well).

Watching intraday price action for signs of a double-top or resistance failure.


note: all content is Not financial advice. trade at your own risk.
Trade closed: target reached:
Short profit target reached on 08/09/22 and 08/14/2022.

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