BINANCE flirting on a key level

Since April 12, Binance has been trading within a range. Today the price action has reached 614, which has acted as the resistance level from the consolidation period. It forms a Doji candle at the critical level signaling a correction and downward movement towards the support level from the range.

However, price compression on the upper zone could bring a potential breakout and open uptrend movement that could bring the price action to reach 885 handle for a +40%, that level is forecasted by the use of Fib Ext tool.

--
*** If you like the idea, please don't be shy and click on the like button; also, comments are very welcome. | Thanks for your support!!! ***

OGFXTRADER

FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸

INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
facebook.com/ogfxtrader

Również na:

Wyłączenie odpowiedzialności

Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.

OGFXTRADER

Również na: