Technical analysis by UsmanFarouk about Symbol BNB: Buy recommendation (10/2/2023)
https://sahmeto.com/message/243966
UsmanFarouk
Rank: 6016
Analytical Power:
1.6
BNBUSDT is presently in downtrend as it is printing LHs and LLs on 1D timeframe. However, bullish divergence has been observed on RSI on same timeframe and it is also noticed that the coin has been unable to break its last LL as of today. Both the conditions are indicating towards a possible bullish reversal. Therefore a long entry upon break of price above previous LH has been marked on chart with suitable TP and SL @ 1:1 RRR.
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