BNBUSDT Showing Double Tops in Strong Key Level!
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I have found a very strong key level on the price of $18 where it reacted as a key support and resistance for the price action. Also we can see that the price has formed a almost a double tops formation in the above mentioned key level which is very promising for a drop down. A better entry will be taken and effective after a breakout on the trend line which I have sketched on 8h time frame. Sketch up your own trade setup and make sure you meet with the required confirmations first before you make your move!
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Profitlio Trading ( Since 2014 in Financial Markets )
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups being shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
What's up traders! Thanks for Jumping back on my Analysis, Trader champ is here on your Service, Also hit thumbs up and support the work
I have found a very strong key level on the price of $18 where it reacted as a key support and resistance for the price action. Also we can see that the price has formed a almost a double tops formation in the above mentioned key level which is very promising for a drop down. A better entry will be taken and effective after a breakout on the trend line which I have sketched on 8h time frame. Sketch up your own trade setup and make sure you meet with the required confirmations first before you make your move!
⭕️ ✅ Scroll Down 👇 ⬇️ to signature section for 📲 contact details 💰💰💰
Profitlio Trading ( Since 2014 in Financial Markets )
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups being shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
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