BNB's hourly chart has been quite rhythmic lately—two consecutive bullish candles, although there was a pullback last night to around 919, but it didn't break below, indicating that the support below is still solid. From the chart pattern, this kind of pullback followed by a rally is likely to continue.



How to operate in the short term? Simply put, buy on dips. Consider setting up long positions in the 924 to 918 range, with targets at 940-950. Once it breaks through, continue to follow the trend. That's the basic logic.
BNB2,36%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
ZkProofPuddingvip
· 01-20 03:58
There was no breakout at 919, I saw it too. I feel this wave can still push a bit further.
View OriginalReply0
ChainSpyvip
· 01-20 03:57
The key support at 918 is really solid, and this wave of momentum can indeed be followed. Buying on dips is the right strategy, just worried about breaking through. If 940 really breaks, it would be awesome, and I would keep adding. I'm starting to believe in the support at 919 because it's so strong. Betting on a dip to accumulate? Anyway, it's just some idle funds.
View OriginalReply0
0xLuckboxvip
· 01-20 03:57
Position 918 is indeed quite solid, I'm just waiting to buy in at a lower level.
View OriginalReply0
GasFeeCrybabyvip
· 01-20 03:57
The 919 hurdle really hasn't been overcome; it seems I still need to go further.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)