The main trend (part). Timeframe 1 week. Cup 150% Reversal zone. A cup with a base of about 150% has formed in the secondary trend. The price is now at its resistance of 666.
The 666 zone is an important reversal/trend continuation zone:
1) Not overcoming and formation of a horizontal channel (low probability).
2) Continuation of the trend (breakthrough and realization of the cup's targets), possibly through a flat in this resistance zone or through a small pullback - the formation of a cup with a handle).
Coin in the coinmarketcap: Binance Coin
Secondary trend. Timeframe 1 day.
BNB/USDT Secondary trend. Resistance to previous highs.

The 666 zone is an important reversal/trend continuation zone:
1) Not overcoming and formation of a horizontal channel (low probability).
2) Continuation of the trend (breakthrough and realization of the cup's targets), possibly through a flat in this resistance zone or through a small pullback - the formation of a cup with a handle).
Coin in the coinmarketcap: Binance Coin
Secondary trend. Timeframe 1 day.
BNB/USDT Secondary trend. Resistance to previous highs.
Note

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✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
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.