INTRADAY 11/04/19 Forecast BNBBTC Binance

4 нояб. 2019 г.

Dear friends,

Continuing intraday forecasts for the pair BNBBTC

Today the pair at the beginning of the trading day has grown strongly on good volumes.
At the moment, the distribution of TF is as follows:
If we expand the direction of the Thomas DeMark trend by TF, then at the moment we get:
Week - flat
Day - flat
4 hours - bull


As can be seen in the chart above, the price entered the seller’s secure zone. If the price manages to gain a foothold above 0.0022177 BTC, then we can expect consolidation at current levels with a potential continuation of growth.
Script cancellation threshold - 0.0022177
The lower limit for the day - 0.0021684
The upper threshold for the day - 0.0023040


If you look at the weekly chart, you can see that after a six-month bearish trend, the BNBBTC pair has not been corrected more than once.
The purchase of BNBBTC is justified from its current position with a target of at least 0.002420 BTC. Good long-term movement potential up to 0.0030 BTC


Good luck to everyone and good profits!
Regards,
Michael @Hyipov

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