Binance Coin (BNB): Breaking Drown from Triangle Formation!
BNB has broken down from triangle formation, leading the price towards 100 EMA (which we are looking to be broken).
As soon as we see a breakdown from 100EMA, we should see a further downward movement towards 200EMA and the local support zone as well!
Swallow Team
As soon as we see a breakdown from 100EMA, we should see a further downward movement towards 200EMA and the local support zone as well!
Swallow Team
Nota
BNB coin has made a small breakthrough from 100 EMA after breaking the pattern of a triangle.
We are now keeping a close eye on that 100EMA for any potential attempts to break that zone there again so let's see.
For now, the price might re-test that broken zone of the triangle so keep an eye on that zone as well; our game plan has not changed!
Nota
Binance Coin is testing again the 100EMA line, where the price is looking for a full-scale breakdown.
As we were talking previously, the break of 100 EMA would start a movement to as low as $350, so keep an eye on that EMA. A break from that would shift the trend in favour of bears!
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🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.