BNB is above a strong support level and at the lower boundary of two channels.
Volatility has become low.
TD Sequential has formed an up reversal signal (4H and 1H TFs)
Price has moved out of the oversold RSI zone (1H TFs)
I expect that the asset may start to rise after exiting the descending channel and fixing above the resistance level.
Volatility has become low.
TD Sequential has formed an up reversal signal (4H and 1H TFs)
Price has moved out of the oversold RSI zone (1H TFs)
I expect that the asset may start to rise after exiting the descending channel and fixing above the resistance level.
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Related publications
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.