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BNBUSD: Analysis using Ichimoku 17/06/2020

Binance Coin / TetherUS PERPETUAL CONTRACT (BINANCE:BNBUSDT.P)  
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BINANCE:BNBUSDT.P   Binance Coin / TetherUS PERPETUAL CONTRACT
Trend Analysis Chart Patterns Technical Indicators BNB bnbusd bnbbuy bnbusdbuy bnblong bnbshort bnbusdshort bnbusdlong
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trendanalysis chartpattern indicator bnb bnbusd bnbbuy bnbusdbuy bnblong bnbshort bnbusdshort bnbusdlong
H4
At D1, the cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1.
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H4.

H1
At H4, the cloud is directing downward, indicating a downtrend. At H1, the cloud is directing upward, indicating the formation of a correction for H1.
Conclusion:
We recommend selling when the RSI reaches an overbought level on H1.

Good luck!

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