BULLISH

BNB BULLISH · 1d

ENTRY579~586TARGET620STOP566
BNB chart

In 3 lines

  • BNB climbed steadily from a $537 floor up to $605, and is now pausing after running into resistance at the 605 line.
  • At $579-586 the one-month and two-month average price lines converge with the buying zone where the last big rally began.
  • A daily close below $566 would mean giving back both that buying zone and half the rally, so that is where the trade is cut.

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Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.

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