$BNB｜Structure Watch 11-08 17:15 Beijing Time
1H long｜4H short｜Daily short
1H close 699.38; 4H EMA20 698.17; Daily SMA50 745.59
Daily ADR 3.26%｜34% of the day's range used｜Volume ratio 0.28
My view: 1H is rebounding, but 4H is still bearish. The area around EMA20 698.17 is a level to watch for resistance; only a 4H close above it would signal a bullish shift. Until then, treat it as a rebound.
Verification: I'll review this on Wednesday (11-11). A close below the 4H EMA20 means the bearish structure remains intact; otherwise, the structure is invalidated. I'll share the results.
Based on the OKCPA v38.6 base panel metrics; this is a structure watch, not an entry signal.
#EMA #MarketWatch
This does not constitute investment advice.
1H long｜4H short｜Daily short
1H close 699.38; 4H EMA20 698.17; Daily SMA50 745.59
Daily ADR 3.26%｜34% of the day's range used｜Volume ratio 0.28
My view: 1H is rebounding, but 4H is still bearish. The area around EMA20 698.17 is a level to watch for resistance; only a 4H close above it would signal a bullish shift. Until then, treat it as a rebound.
Verification: I'll review this on Wednesday (11-11). A close below the 4H EMA20 means the bearish structure remains intact; otherwise, the structure is invalidated. I'll share the results.
Based on the OKCPA v38.6 base panel metrics; this is a structure watch, not an entry signal.
#EMA #MarketWatch
This does not constitute investment advice.