Hi everyone
As two directors have left Binance in the past couple of weeks, the market kept going down, but less selling pressure is obvious.
So there is an expanding triangle inside our daily triangle , which is a good indication of reversal ,short term. For a longer perspective , we have to see the price react to our daily triangle top or bottom.Remember that the price is in a bear trend and we don't have any indications to show this was our last flag.
Resistance levels are top of our triangle and 300$ level and support levels are 295$ and bottom of triangle.
Hope this analysis helps you in a way.
I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
As two directors have left Binance in the past couple of weeks, the market kept going down, but less selling pressure is obvious.
So there is an expanding triangle inside our daily triangle , which is a good indication of reversal ,short term. For a longer perspective , we have to see the price react to our daily triangle top or bottom.Remember that the price is in a bear trend and we don't have any indications to show this was our last flag.
Resistance levels are top of our triangle and 300$ level and support levels are 295$ and bottom of triangle.
Hope this analysis helps you in a way.
I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
