Short term uptrend which was started on 8th July was broken and as you can see above
BNBUSDT
is still in decreasing channel
support on 9220 as well as the horizontal support at 9165 has worked so perfectly. If
BTCUSDT
remains in this downtrend channel we can see more fall in the price of
BNBUSDT
because RSI and MACD crossover on 4HR chart has crossed and RSI is moving downward and MACD crossover has just happened so it is possible that
BNBUSDT
can make a correction and fall again to 8950-9000 area. Do share your thoughts and analysis in comments I'm just a new trader. If you find anything wrong or noneducational in this post please do tell me in comments.
BNBUSDT
is still in decreasing channel support on 9220 as well as the horizontal support at 9165 has worked so perfectly. If
BTCUSDT
remains in this downtrend channel we can see more fall in the price of
BNBUSDT
because RSI and MACD crossover on 4HR chart has crossed and RSI is moving downward and MACD crossover has just happened so it is possible that
BNBUSDT
can make a correction and fall again to 8950-9000 area. Do share your thoughts and analysis in comments I'm just a new trader. If you find anything wrong or noneducational in this post please do tell me in comments.