BNB/USDT nearing 22 day ema. Time to long??

Apr 29, 2019

BNB is on a downtrend after reaching 25.4 usd and nearing 22 ema on a daily chart which has been a deciding factor for higher low historically since beginning of the uptrend at 5 usd. I will look for long in the 22.5 to 23.5 range if these happens -
1) If there is significant buying pressure at 20.5-21.5(when it bounces on the 22 day ema) or
2) If bnb doesn't touch 22 ema and maintains above 22.5 in the next 2 days
please comment your views

May 1, 2019

Note

Bnb is tightly packed on the 4 hourly chart with extremely low margins. It means a breakout is imminent. possible outcomes are described in the chart.

May 2, 2019

Trade active

entered the trade at 22.8

May 2, 2019

Note

Stop loss at 19

May 2, 2019

Note

Closely observing this possibility.Currently feet on the ground and fingers crossed!!!

May 2, 2019

Note

Currently bnb is retesting the resistance area.

May 3, 2019

Note

So far everything looks good. Patience my friends. Cheers!!!

May 3, 2019

Trade active

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