Evening Traders, Today’s Technical Analysis – XRPUSDT- respecting its range median, a bearish retest will allow for a short entry. Points to consider, - Trend bearish (consecutive lower highs) - Bearish retest (trade entry) - Range median (local support) - RSI and stochastics below 50 - Volume below average XRPUSDT is in a defined lower high projection,...
Evening Traders, Today’s Technical Analysis – BNBUSDT – wedge formation has broken bearish, testing local support (demand zone), which has led to buy backs. Points to consider, - Resistance Confluence - Bearish retest - Local Support (Demand Zone) - Stochastic lower highs - RSI below 50 Long candle wicks confirm buy pressure coming in at local support,...