BNB



On the 4-hour chart, the downtrend is clear: every rebound is accompanied by a round of deep selling. Currently, the short-term consecutive green candles have been stopped at 580, and then prices have turned back to consecutive red candles and continued falling. With the KDJ three lines extending their downward move, there are signs that the short-term move could extend further. In terms of strategy, the rebound should be treated as a sell.

Consider shorting in batches around 575 and 580, targeting the 565-560 area downward.
BNB-1.19%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned