INTRADAY 03/11/19 Forecast BNBBTC Binance

Dear friends,

Continuing intraday forecasts.

BNBBTC continues to move in a narrow trading channel 0.002135 - 0.0022

If we expand the direction of the Thomas DeMark trend by TF, then at the moment we get:
Week - flat
Day - flat
4 hours - bearish

In general, the bearish mood dominates the BNBBTC market.
I see the most likely direction of price movement within the local bearish channel (the scenario is marked with red arrows)

Critical level (breakdown will mean a change in the scenario) - 0.002177
The lower threshold for the day - 0.0021356
The upper limit for the day - 0,0022156

The probability of a bearish impulse is high.

Therefore, for me, the second scenario remains a priority; however, it is very fragile and will quickly decrease in probability if a local trend breaks down. In this case, the likely completion will be according to the first scenario.

Good luck to everyone and good profits!
Respectfully,
Michael @Hypov

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Everyone GTI


Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.

تعليق:

Dear friends, I'm sorry, I was a wrong abutting 4H trend. At 4H there was a flat, not a bearish trend, and especially after a growing trend. Therefore, the priorities in the scenarios were not set correctly, of course, in this case, the situation inside the day will be bullish