Dantawe

Dantawe

Price seems to be stabilizing around the 600 level. Which seems to be the newest support to be tested. Initially, we saw a strong upward trend, with higher highs and higher lows. This uptrend was followed by a period of consolidation, where the price moved sideways. Recently, the chart shows a sharp correction from the recent high, breaking down past support...

Dantawe

Greetings! there is a resistance forming between 704 and the highest value registered this week. In case of consolidation, this levels could trigger a retracement to the lower levels depicted in red. There is an interesting range formed from 637 to 622 in which buy limit orders could be placed in case that the price gets a rejection here. This forecast gets...

Dantawe

Greetings! BNB action has been under selling pressure since the previous reach to the 630s. Lower pivot which served as support from the first leg of the fall is now located around the 591 level. Getting that level conquered, allows the price to rally up to the higher levels depicted in chart, the very first one win is the midrange wave which sits above the 600....

Dantawe

Seems like BNB is about to find a supporting zone here around the 590 level

Dantawe

Greetins, this is my very first set up. I used the published educational ideas I found searching for knowledge. Just want to say thank you to @Sanmig_Live who encouraged me to try the method. Also I did a small trade using Trading Paper. I set up a Fibonacci Retracement layout that marks the more plausible points for the expected waves of an impulsive movement....