As I mentioned a couple of days ago regarding the analysis of the BNB this was triggered at record highs trading near the 630...
very good entries as the time of purchase was near $372.
I'll leave my complete analysis of a couple of days ago here
I will try to be brief as this opportunity is perhaps a little limited...
we can observe a great uptrend in 1 Day time frames the breadth of the EMA indicates continuity from the technical point of view the price should drop back to a close historical support as it is the very small trend channel drawn in red.
Being here begins the war between supply and demand a sideways movement where we can observe indecision and exhaustion candlestick patterns (no strength to continue down).
The chartist theory indicates that when a trend is presented and then a lateralization may be presenting an exhaustion, ie end of which has been presented or give continuity to it if you are presenting candles that indicate that it does not have enough strength to go down what would you do?
I would also like to mention and open this discussion thread..... # What is happening with leofinance and its quotes, how much lower should it go?
Applying the same belief that gives validity to the technical analysis of BNB I will use it in LEO we clearly observe a downtrend, a channel that is supported by 3 candles one lower than the other... as it is a necessary requirement to give credibility to this movement we enter in a range zone and it indicates me not to have strength to break above the resistances observing the technical sheet that is to say it will remain bearish.
as long as we allow it so leo investor friend do not despair have a little patience and do not make sales that create domino effects that is if the first offer has example.
watch the bid and ask and let's try not to place orders with so many points difference .... If you really want to sell your tokens fast execute the first orders of the market and so we will not drag the prices of LEO remember that it is a great project is not necessary !! just beginning and with the contribution of all we can really achieve great goals
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