KUCOIN:BEPROUSDT   BEPRO Network / Tether
Taking a look at Price action on the USD pair we can see that we are retesting a level from August 2020 acted as resistance and was broken out of again on February 2021.Then was back tested once as support in June 2021 on top of the short-term Daily Double bottom and is now being back tested again here in March and the month of February in 2022 with another short-term Daily Double bottom .Now we're seeing solid rejection continuation confirmation to the upside with weekly bullish Divergence on the macd indicator from a weekly perspective !! The asymmetry in terms of risk to reward is very lucrative
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.