BNB/USDT Poised for Breakout: Key Levels and Indicators to Watch
Atualizado
BNB BNB/USDT Poised for Breakout: Key Levels and Indicators to WatchAnalysis:
Price Action Strategy:
Support and Resistance Levels:
The chart shows significant support at 687.75 and resistance around 701.04.
Candlestick Patterns:
Recent candlesticks indicate consolidation near the resistance level, suggesting a potential breakout.
Smart Money Concepts (SMC):
Change of Character (CHoCH):
The CHoCH level is marked, indicating a potential shift in market structure from bearish to bullish.
Order Blocks:
The chart shows potential order blocks around the 687.75 support level, which could act as a demand zone.
ICT Strategy:
Fibonacci Retracement:
Key Fibonacci levels are marked, with the 0.618 level at 696.39 and the 0.5 level at 701.33, indicating potential retracement targets.
Indicators:
Volume: Increased volume near the resistance level suggests strong buying interest.
RSI: The RSI is at 55.32, indicating a neutral to slightly bullish momentum.
MACD: The MACD shows a potential bullish crossover, supporting the bullish bias.
Buy Strategy:
Entry: Above the resistance level at 701.04, confirming a breakout.
Take Profit (TP):
TP1: 705.73 (0.382 Fibonacci level)
TP2: 720.00 (psychological level)
Stop Loss (SL): Below the support level at 687.75
Sell Strategy:
Entry: Below the support level at 687.75, confirming a breakdown.
Take Profit (TP):
TP1: 680.00 (recent low)
TP2: 660.00 (next support level)
Stop Loss (SL): Above the resistance level at 701.04
Buy:
entry: 701.04
tp1: 705.73
tp2: 720.00
sl: 687.75
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.
I hope this analysis helps with your trading decisions! If you have more charts to analyze or need further insights, feel free to share.
Follow Alexgoldhunter for more strategic ideas and minds
Trade ativo
Buy:
entry: 701.04
Trade fechado: objetivo atingido
tp1: 705.73
tp2: 720.00
all tp done in weekend days great
Alex Gold Hunter
Free Signals & analysis
Join for Free
tinyurl.com/ClassicFreeSignals
bit.ly/4fQGd0G
bit.ly/3ODlUI4
Free Signals & analysis
Join for Free
tinyurl.com/ClassicFreeSignals
bit.ly/4fQGd0G
bit.ly/3ODlUI4
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.