BNB/USDT Main Trend (part) Cup 150% Pivot Zones.

The main trend (part). Timeframe 1 week. Cup 150% Reversal zone. A cup with a base of about 150% has formed in the secondary trend. The price is now at its resistance of 666.

The 666 zone is an important reversal/trend continuation zone:
1) Not overcoming and formation of a horizontal channel (low probability).
2) Continuation of the trend (breakthrough and realization of the cup's targets), possibly through a flat in this resistance zone or through a small pullback - the formation of a cup with a handle).

Coin in the coinmarketcap: Binance Coin

Secondary trend. Timeframe 1 day.
BNB/USDT Secondary trend. Resistance to previous highs.

評論:

11 07 2023 Logarithm. Time frame 1 month. Idea for understanding the main trend, secondary trends. Zones of accumulation and distribution of this asset of the most liquid and popular exchange (this is the main thing, the direction of thinking of the masses on a scale). Setting trends in the crypto market.