There are two possible scenarios for the BNB to continue the process, which we must confirm from each side before entering into the transaction.
The price is currently in a range of trading Zone that going out on either side will lead to a sharp move.
If the price returns from this range, we can wait for the price reaction with the aim of returning to the previous ATH, but if it is not possible to cross this range, there will be a price reduction to the mid-term range of around $ 400.
In both cases, we have to wait for the price to react to the RSI and break the downtrend to enter the trade with the right signal.
The price is currently in a range of trading Zone that going out on either side will lead to a sharp move.
If the price returns from this range, we can wait for the price reaction with the aim of returning to the previous ATH, but if it is not possible to cross this range, there will be a price reduction to the mid-term range of around $ 400.
In both cases, we have to wait for the price to react to the RSI and break the downtrend to enter the trade with the right signal.
Follow Your Own Trading Plan!
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