Binance Coin / TetherUS
Short
Updated

Binance Coin (BNB/USDT) - 4HR - Potential Bearish Momentum MACD

148
Binance Coin (BNB/USDT) cryptocurrency is in a intraday uptrend (15-minute, 1-hour, 4 hour time frames).

However, the MACD indicator is beginning to exhibit potential bearish momentum.

Binance Coin could pullback down about -4% over time for swing trading (especially if Bitcoin pulls back down as well).

Watching intraday price action for signs of a double-top or resistance failure.


note: all content is Not financial advice. trade at your own risk.
Trade closed: target reached
Short profit target reached on 08/09/22 and 08/14/2022.

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.