$BNB On the daily chart, the stock has fallen for five consecutive days. Look at three things:
1) How much has it fallen? -15.87%—a substantial drop. A rebound after such a steep decline could happen at any time.
2) Has the losing streak been interrupted today? For now, it's up +0.85%, showing signs of a possible break in the streak.
3) What was the trading volume on the day the streak broke? A bullish candle on higher volume is more convincing than one on lower volume.
What will you be watching next?
These are personal notes, not a buy or sell recommendation.
1) How much has it fallen? -15.87%—a substantial drop. A rebound after such a steep decline could happen at any time.
2) Has the losing streak been interrupted today? For now, it's up +0.85%, showing signs of a possible break in the streak.
3) What was the trading volume on the day the streak broke? A bullish candle on higher volume is more convincing than one on lower volume.
What will you be watching next?
These are personal notes, not a buy or sell recommendation.