BINANCE:BNBUSDT Hello everyone. As we can see : - EMAs 20/50 are acting as support - RSI is neutral - Stochastic RSI is going into overbought zone again - MACD is narrow and somehow neutral - Helical indicator is bullish but its going to catch bearish movement - Top flat triangle - Invert Head & shoulders
I expect a retest from triangle support and a breakout from resistance, but as I mention in last analysis ( BTC/USDT ). I wont suggest to take long-term position until 13th October !! Also there is a chance to reject from triangle, watch for it. Here is the BTC/USDT analysis :
Attention : this is not a financial advise we just try to help people on their own vision.