BNB/USDT 4H analysis

11 Okt 2020

BNBUSDT
Hello everyone.
As we can see :
- EMAs 20/50 are acting as support
- RSI is neutral
- Stochastic RSI is going into overbought zone again
- MACD is narrow and somehow neutral
- Helical indicator is bullish but its going to catch bearish movement
- Top flat triangle
- Invert Head & shoulders

I expect a retest from triangle support and a breakout from resistance, but as I mention in last analysis ( BTC/USDT ).
I wont suggest to take long-term position until 13th October !!
Also there is a chance to reject from triangle, watch for it.
Here is the BTC/USDT analysis :

Attention : this is not a financial advise we just try to help people on their own vision.

HAVE A GOOD DAY
- Helical_Trades