$BNB closed above 736 on Tuesday. That was the trigger I gave last week, and it's done.
- Oct 18: wicked to 705.86, closed 723.36
- Oct 19: closed 732.13
- Oct 20: closed 741.69, high 743
- Now: 740.8
The base held. Price never closed under the 708.64 flush low, and buyers took back 736.
Next lines:
- 747, the Oct 14 high, is the first wall
- 776.23, the Oct 8 high, is the top of the last two weeks
- A daily close back under 736 makes this a fake-out
Volume is the weak spot. Tuesday did 67M USDT. The Oct 15 flush did 115M. I want to see buyers show up with more size than that.
NFA. Does BNB clear 747 this week, or stall under it?
- Oct 18: wicked to 705.86, closed 723.36
- Oct 19: closed 732.13
- Oct 20: closed 741.69, high 743
- Now: 740.8
The base held. Price never closed under the 708.64 flush low, and buyers took back 736.
Next lines:
- 747, the Oct 14 high, is the first wall
- 776.23, the Oct 8 high, is the top of the last two weeks
- A daily close back under 736 makes this a fake-out
Volume is the weak spot. Tuesday did 67M USDT. The Oct 15 flush did 115M. I want to see buyers show up with more size than that.
NFA. Does BNB clear 747 this week, or stall under it?