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Long

BNBBEARUSDT on the bottom of its channel

194
$BINANCE:BNBBEARUSDT is almost on the bottom of its parallel channel and there is a divergence on RSI and MACD, So it is on a strong support area and there is a higher chance of rising. one can enter a long position with a target of 128$ and stop of 66$. so we have risk/reward of 5.
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CryptoAcademi
BNBbnbbearBNBBEARUSDTbnbbullBNBBULLUSDTBNBUSDTTechnical IndicatorsSupport and ResistanceTrend Lines

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BNBbnbbearBNBBEARUSDTbnbbullBNBBULLUSDTBNBUSDTTechnical IndicatorsSupport and ResistanceTrend Lines
CryptoAcademi

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.