BNB is currently experiencing a blow-off top. I am opening a cross-margined position I may add onto over time.
We're currently above the Keltner Channel and our momentum indicators TSI and MACD are starting to thin out.
We're interacting with the 200-day EMA on the 4-hour, a major area of resistance and we are currently within a major level of resistance as well.
Our RSI is extremely overvalued and our Ichimoku Cloud is starting to move downward and flip, typically this is when an asset is about to have a sell off.
We're currently above the Keltner Channel and our momentum indicators TSI and MACD are starting to thin out.
We're interacting with the 200-day EMA on the 4-hour, a major area of resistance and we are currently within a major level of resistance as well.
Our RSI is extremely overvalued and our Ichimoku Cloud is starting to move downward and flip, typically this is when an asset is about to have a sell off.
