Along with Binance even BNB looks very bad and if it stops in the 190 USDT area it's a miracle in my opinion, if it breaks there we could see it around 120 is my optimistic view and below 80 in my realistic/pessimistic view.
I definitely expect some bounce upwards when price reaches the green box, a weekly bullish DIV is already in formation.
In general I'd stay away from this from a point of view of holding.
Good luck
I definitely expect some bounce upwards when price reaches the green box, a weekly bullish DIV is already in formation.
In general I'd stay away from this from a point of view of holding.
Good luck
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I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
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.