Hello dear traders
I came with a short-term short signal in the BNB currency in the 15-minute time frame.
Entry point, loss limit and profit limit are shown in the picture.
In the specified area, we will expect a price reaction in the direction of shorts.
Thank you for your support
Greetings to all my dear friends, I have done a BNB coin analysis for you.
In this analysis, we want to take the sell of BNB and our entry point is $240.69 and $245.24, as well as the desired targets are $229.40, $216.27 and 193.
It will be $82. The loss limit that we have set is $252.40.
Also, we will enter this transaction with 50% of the original capital.
...
Market finished 1-5 Elliot wave in the uptrend and ABC correction and full 1-5 wave bearish, in the moment we are waiting for ABC correction completion of an bearish 1-5 Elliot wave, we are forecasting that market will switch direction at 522 zone, which is in between 50% and 61.8% (Reversal) fib zone. also in this zone we can see a heavy institutional volume...
BNBUSD update
Recall that the recently formed symmetrical triangle sent a message of hope for both buyers and sellers.
We leverage the market momentum of BTCUSD to anticipate the future value of the Binance coin.
Unfortunately, the fundamentals (Jerome Powell speech) favored the sellers and the market maintained its bearish tone for up to 24 hours.
So far the...
H4
On D1, the cloud is directing upward, indicating an uptrend. Also, the boundary of the ascending plane (channel) is visually visible, which can be a price correction.
Conclusion:
The price can form a local triangle-shaped correction pattern. RSI H4 may also form a triangular range.
We recommend buying BNB at the end of the triangle pattern formation.
H1
At...
H4
The price is trading above the Ichimoku cloud by testing the border of the trend line.
RSI is in an undefined state, indicating a correction.
Conclusion:
We recommend buying from a key Fibonacci level of 61.8%.
H1
The price is below the Ichimoku cloud, indicating a local correction. RSI has formed a convergence, indicating a possible end to the...
Friends, support this idea with your Like and any Comment. Thanks.
I expect a decline in the framework of wave C of (iv), after which the price may continue to rise in wave (v) of 3.
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