Looking at BNB on the Daily chart
*Potential head and shoulders
*AB=CD on the head and shoulders lines up with the .618
*Nice notch in VPVR that needs filling
*Low volume
*OBV still healthy
*Willy ema below the -50
*Long way to go in the histogram to confirm a bull
The news of Binance Dex launch today could be the result of a "buy the rumour, sell the news" event. Unless you are already in a profitable position id be very cautious.
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
*Potential head and shoulders
*AB=CD on the head and shoulders lines up with the .618
*Nice notch in VPVR that needs filling
*Low volume
*OBV still healthy
*Willy ema below the -50
*Long way to go in the histogram to confirm a bull
The news of Binance Dex launch today could be the result of a "buy the rumour, sell the news" event. Unless you are already in a profitable position id be very cautious.
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
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