PolarHusk

BNB/BTC (Weekly Bullish Engulfing Candle)

BINANCE:BNBBTC   Binance Coin / Bitcoin
BINANCE: BNBBTC


-Binance coin broke the midterm resistance at 0.00240 sat
-This is an engulfing Bullish if the weekly candle closes above
-Can we expect a pullback to test old resistance becoming new support?
-If the next candle is also Bullish then it will not happen in the near term
-It is more likely to test the resistance at 0.361 sat before seeing a correction
-I'm not saying BNB will go straight to ATH so please don't FOMO!
-The market will not go straight up, wait for a proper pullback if you want to enter
-Plan your trade before executing and calculate how much risk you are willing to lose



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