BNB bullish trend since start of April, BNB due for breakout
Short:
Due for new support and resistance levels on the upper level of the Bollinger Band indicator.
Bullish signal as the median has been broken several times this month.
Whenever the sell candlestick hits the lower median area in the Bollinger Band indicator, a slight dip was seen.
But based on RSI and Stochastic RSI , BNB is due for a breakout with new support level .
Still, always lookout for bearish signals as things may go downtrend for a while but so far the 3 indicators say otherwise.
Long still says upward for BNB.
DISCLAIMER:
1. not financial advice, only an observation.
2. have your own trading plan ready always in case of dips or breakouts.
- GG
Due for new support and resistance levels on the upper level of the Bollinger Band indicator.
Bullish signal as the median has been broken several times this month.
Whenever the sell candlestick hits the lower median area in the Bollinger Band indicator, a slight dip was seen.
But based on RSI and Stochastic RSI , BNB is due for a breakout with new support level .
Still, always lookout for bearish signals as things may go downtrend for a while but so far the 3 indicators say otherwise.
Long still says upward for BNB.
DISCLAIMER:
1. not financial advice, only an observation.
2. have your own trading plan ready always in case of dips or breakouts.
- GG