BTCStrategies
Short

BNB - Trickiest Chart to Read of the Day

BINANCE:BNBUSDT   Binance Coin / TetherUS
Okay, okay, okay, tricky for me, maybe not for you.

Stats:
VI: We've got VI (+) gaining momentum, however VI (-) isn't far below it.
MACD: Uhm, yea. No help here either. We've been switching back and forth without a clear indicator, however the downward trend is indicating that 14.00 is not quite a support nor a resistance. The histogram is not much help either, as it is only barely above it and could go either way. However, it is following a trend (in purple)
Volume: decreasing, indicating that if a sell off occurs, it shouldn't be too violent.

2H chart says we've already entered the bearish movement, however we're still trending in the direction of the market (apart from the past few days)

BTC/USD is also dipping right now, indicating that we may be only experiencing a loss in price due to BTC/USD topping.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out