Binance Coin USDT - Daily Chart - 2 Long scenarios

Planning to buy BNB if either or both of the following scenarios should develop:

Scenario 1 (orange arrow):
1. Price generates a new shortterm High
2. Buy at the blue trendline

Scenario 2 (blue arrow):
1. Price falls below blue trendline
2. Reclaims blue trendline
3. Buy at retest of trendline

Same target for both:
A daily Resistance level close to the 61 Fib Level

Komentar:

None of the two scenarios developed - no trade