[ad_1]
Long-term trend BNB / USD – Change
Distribution territories: $ 8, $ 9, $ 10
Accumulation territories: $ 3, $ 2, $ 1
Up to now the value of the BNB / USD market has recorded variable price movements of around $ 5 in about a week. On 12 December, the crypte touched weakly and briefly over the 14 days of SMA to the north only to lose the US dollar the following day.
Current range zones exceed $ 5 and $ 4 in the long-term business graph. The 50-day SMA is $ 7 on the 14-day SMA market which is at $ 5 market. The crypto-market has been trading below the 14-day SMA and within the segment. Stochastic Oscillators have gone through radius 25 to apparently begin a consolidation move, however, another warning that the bulls lack the power to return to the BNB / USD trade.
The bulls could still find it uglier against the strong valuation of the market in US dollars, while the trading sessions this week begin fully. However, a strong reversal of a bearish move could yield to a recovery, but it could be short-lived; it may lack sustainability.
The opinions and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your research.
[ad_2]Source link
