Binance Coin

BNBUSD: All Targets hit. Consolidation ahead.

487
Both our mid level TP set: 8.8857, 8.2522 and long term TP = 7.5154 have been achieved as the 1W Channel Down (RSI = 34.264, MACD = -1.053, Highs/Lows = -3.1643, B/BP = -5.2961), delivered another -45.50% bearish leg. Although that is not near the Lower Low limit (3.500 - 4.000), it indicates that the decline for BNB may be over. Our SOER strategy on BNBUSD has been completed and if within the next month a clear support is made we will update. On any other occasion, we are not interested in this coin.




** If you like our free content follow our profile (tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.

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.