Last night, BNB rose about 20 points and then started to give back gains. Afterwards, it formed a standard W-shaped pattern around 872, repeatedly testing this level.
Looking at the 4-hour chart, the bullish signals are quite clear. The large bullish candle has absorbed the previous bearish candles, bringing the price back into the middle of the Bollinger Bands, with the upper and lower bands diverging upward; the MACD is also maintaining a golden cross and expanding, with volume increasing, indicating that funds are re-entering the market, and the main force's movements are quite obvious.
From a structural perspective, it first consolidates and builds a base with the lower boundary rising steadily, then breaks out with increased volume—this rhythm is very standard and short-term bullish. As long as the volume doesn't fade, there is still room for the upward momentum to continue.
In practical trading, you can watch for a pullback to the 862—854 area to build positions. The target above is set at 875—890, but the specific execution still depends on the market's order book performance.
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FOMOSapien
· 12-19 10:01
You're again doing a shakeout, the W shape is indeed standard, let's see if it can really break through later.
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I've been laying low on that 862 level for a while, just waiting for the volume to catch up.
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The 4-hour golden cross feels a bit too hasty this time, be careful of false signals.
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Only when the middle band of the Bollinger Bands stabilizes can there be real hope; it's too early to say anything now.
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Is the main force really entering the market? To me, it looks more like they're distributing.
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Without volume support, everything else is pointless. This time is different, everyone.
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I believe in 875—890, but only if it breaks 872.
View OriginalReply0
UnruggableChad
· 12-18 07:49
872 this position repeatedly tests, feels like the main force is toying with people
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W-shaped shakeout, a classic leek-cutting tactic, but this time the signal is indeed clear
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Once the volume weakens, immediately run, don't be fooled by the trap
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862 those who dare to buy there are making big profits, too bad I don't have coins in hand
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The Bollinger Bands are diverging upward, sounds good, just afraid of another false breakout
View OriginalReply0
FreeRider
· 12-17 04:40
I think this wave is really just a shakeout, retail investors are still struggling while the main force has already moved in the morning.
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872 repeatedly testing is a bit annoying, I just want to break out directly.
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If the trading volume keeps up, there is still hope; the key is whether it can hold steady at the middle band.
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862, is that really a good entry point, or is it another round of trap to shake out traders?
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W-shaped shakeouts are so classic, they always make people's mentality explode.
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Clear signals are clear, but how many times have I said this before...
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I'm already tired of MACD golden cross signals; it still depends on trading volume to speak.
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Don't be too arrogant before 890, be careful it might drop again.
View OriginalReply0
CryptoWageSlave
· 12-17 04:39
I've been waiting at that position 862 for a long time, just worried it might be a false breakout again.
View OriginalReply0
DeepRabbitHole
· 12-17 04:38
This W-shaped shakeout looks a bit annoying to me, just worried about another false breakout.
It's the old routine—when trading volume drops, it drops straight down.
However, the 862 level is indeed worth laying in wait for a move.
View OriginalReply0
unrekt.eth
· 12-17 04:37
872 We've tried probing so many times, still a bit afraid of getting caught off guard.
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W-shaped shakeout again, the main force's tactics are really impressive.
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When trading volume picks up, it's worth paying attention; otherwise, it's just a fake move.
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862 is indeed a good entry point, just worried it might drop and be gone.
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Bollinger middle band, MACD golden cross, looks good, start with a small position to test the waters.
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Short-term looks quite strong, yesterday's 20 points were almost half wiped out.
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Wow, the standard rhythm is really comfortable, but I don't believe it.
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Still waiting for confirmation of breaking 890 before acting; it's a bit early to enter now.
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If trading volume keeps up, it will continue to rise; if not, it's all traps.
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Reviewing a thousand times is not as good as real trading for a second; still, watch the order book.
View OriginalReply0
OnchainDetectiveBing
· 12-17 04:24
Position 872 has indeed been tested repeatedly, but I am still a bit worried that the main force is slowly offloading here.
#大户持仓变化 How do you see this wave of BNB market
Last night, BNB rose about 20 points and then started to give back gains. Afterwards, it formed a standard W-shaped pattern around 872, repeatedly testing this level.
Looking at the 4-hour chart, the bullish signals are quite clear. The large bullish candle has absorbed the previous bearish candles, bringing the price back into the middle of the Bollinger Bands, with the upper and lower bands diverging upward; the MACD is also maintaining a golden cross and expanding, with volume increasing, indicating that funds are re-entering the market, and the main force's movements are quite obvious.
From a structural perspective, it first consolidates and builds a base with the lower boundary rising steadily, then breaks out with increased volume—this rhythm is very standard and short-term bullish. As long as the volume doesn't fade, there is still room for the upward momentum to continue.
In practical trading, you can watch for a pullback to the 862—854 area to build positions. The target above is set at 875—890, but the specific execution still depends on the market's order book performance.
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