#BNB technical analysis
Major support was around $183 on a weekly time frame.
Alot of FUD out there. But still, the current price may hold around 200$ we don't know for sure. But if this drops, lots of altcoins may lose their significant value. That's going to be a huge dump. So be careful with the pumping altcoins. And just know how much leverage you can risk. Be quick, when changing stop loss into with a small profit cut. Understood?You take care always. I still feel bearish is something we can't avoid, before we see bullish engulfing pattern.
Remember, when there's a storm coming, you want to stay home and not go outside. Same in trading, you don't want to risk your hard earn money. Wait for a cool wind and ride it. ❤️
Major support was around $183 on a weekly time frame.
Alot of FUD out there. But still, the current price may hold around 200$ we don't know for sure. But if this drops, lots of altcoins may lose their significant value. That's going to be a huge dump. So be careful with the pumping altcoins. And just know how much leverage you can risk. Be quick, when changing stop loss into with a small profit cut. Understood?You take care always. I still feel bearish is something we can't avoid, before we see bullish engulfing pattern.
Remember, when there's a storm coming, you want to stay home and not go outside. Same in trading, you don't want to risk your hard earn money. Wait for a cool wind and ride it. ❤️