I'm only trading btc atm, but BNB/USDT might be a nice short option. Here is why:
-Bearish divergence on daily MFI
-Constantly sinking volume
-Facing strong resistance from January 2018
I expect a drop to around 17.5 cents, which is at 0.302 fib line.
TA looks good, but always be aware of the risk of news related pumps, especially for BNB.
*DISCLAIMER: This is no trading advice, I'm just sharing my thoughts with you. Do your own research before you open any trade. Do not overleverage and always apply risk management.
-Bearish divergence on daily MFI
-Constantly sinking volume
-Facing strong resistance from January 2018
I expect a drop to around 17.5 cents, which is at 0.302 fib line.
TA looks good, but always be aware of the risk of news related pumps, especially for BNB.
*DISCLAIMER: This is no trading advice, I'm just sharing my thoughts with you. Do your own research before you open any trade. Do not overleverage and always apply risk management.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.