Broke value area high and are now testing it as support. There's confluence there with the 618 of the current wave, a 4hr and Daily pivot, the 12hr 20ma, and the VAH.
I'll take half off at 18, move my stop to breakeven and let her ride. Let's see if I get there.
Let's Go!
MartyBoots here . I have been trading for 13 years and just sharing my thoughts with you
BNB / Bitcoin correlation could be very important going forward
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Hello traders,
In this video I will analise Binance and pass to you an excellent trading idea.
Please, push like bottom or honor this analysis with your comment. You are welcome to follow us on Trading View.
Best regards, Sandro and Gustavo.
Objectives:
-Attempt to identify probable turn points at key re-tracement zones using 1 hour
-Maintain support/demand awareness
-resist temptation to chase
Indicators:
14/50 EMA
Volume (binance data feed)
Music:
Tool/ invincible
This Downward pressure will likely continue at least to the Weekly Candle Beginning September 16th but could continue further into late September and possibly as late as October 3rd. Which you will see in the video publication. It's possible BNBUSDT can fall to $18.75 on the next bout of downward pressure that's coming soon. The next bout of downward pressure...
