Binance Coin(BNB): Waiting For Breakdown Of 200EMA

2024年1月22日

BNB coin is one of the starts of this week where we are seeing a surge to breakdown of 200EMA. As we have previously tested this zone multiple times, we are looking for a full-scale breakdown from it, which would activate a potential short position for us.

Swallow Team

2024年1月23日

註釋

After an amazing breakdown from the 200EMA price, BNB has had a fast and amazing recovery, going back to the upper side of the 200EMA.

As we had a small breakdown (from a zone that has been working well previously), we are seeing that the downward movement has not yet finished itself.

We are looking for any potential re-tests of upper zones but end game is still the same for us!

2024年1月24日

交易結束：目標達成

And BNB has filled the target zone for us. It is not usual for us to do TA in a 2-hour timeframe, but we managed to pull it off. 6% of market price movement was captured!