I've opened a long position on BNB. My goal on this trade is to ride it from 618 to 618. It has currently bounced from the .618 fib of the move from the low. And I'm targeting the .618 of the move from the high. After bouncing from the .618 of the move from the low it successfully tested the daily 200ma and the daily 50ma as support in the midst of a golden cross, which was also a daily pivot. MAcd is converging bullish, and rsi is above 50. Let's Go!
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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.