Hello Traders!
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- BNB has recently formed an interesting setup on 1D time frame chart , it has retested a very S/R zone and bounced off strongly suggesting buyers are buying on this range knowing we bounced from a Physiological support, liquidity
bas on order book analysis shows a big liquidity forming to the upside , price to retest the 438$ ~ 458$ ~ 525$ levels.
- BNB recently was in a downtrend since several weeks making lower highs , yet momentum lost since sellers failed to make a new lower low , buyers came in and hit the price towards level 400$ , at the moment we would like to see
buyers taking price higher breaking our downtrend resistance.
Good Luck Traders!
- Please push the like button if you like the content or drop a comment to share your idea!.
- BNB has recently formed an interesting setup on 1D time frame chart , it has retested a very S/R zone and bounced off strongly suggesting buyers are buying on this range knowing we bounced from a Physiological support, liquidity
bas on order book analysis shows a big liquidity forming to the upside , price to retest the 438$ ~ 458$ ~ 525$ levels.
- BNB recently was in a downtrend since several weeks making lower highs , yet momentum lost since sellers failed to make a new lower low , buyers came in and hit the price towards level 400$ , at the moment we would like to see
buyers taking price higher breaking our downtrend resistance.
Good Luck Traders!