In the chart you will see my thoughts on Binance coin.
I am sure that if we saw the rebound once, we will witness it second time with greater strength.
I am lon in this scenario as the expect ROI is around 14%.
Always do your own research before investing.
Hello everyone!
-On a 1 hour chart, we can see that the price is moving within a descending channel and we can also see that the price made a breakout and then rejected in a bearish direction last few hours.
-Now the price is sitting at the resistance line of a descending channel and the price formed a Doji candle.
-On a 4-hour base, JPY is stronger than GBP...
ALOT is showing a resistance in supply/demand in buyers with more selling on 4h chart.
Fibretracement 0.786 would drop to $20.75-20.80 or more likely $19.20-19.35 resistance zone areas as better
buy.
Watch the black change to blue on 4h or 1d chart for entrance, which is currently black. @MarxBabu for longbuylongsell chart adding MACD, volume, volume...
