BNB/USD pared some of its gains due to profit-booking. It hit a high of $782.10 yesterday and is currently trading around $758.80.
Short-term trend remains bullish as long as support $600 holds. It trades above the 55 and 34, 200 and 365 EMA on the 4-hour chart. Near-term support is around $740; any close below targets $700/$670/$650/$644/$628/$598/$570/$520. If the pair closes below $500, it potentially leads to further declines towards $400.
Immediate Resistance is at $785.Any breakout above this resistance confirms bullish momentum and a jump towards $800/$1000.
Indicators ( 4-hour Chart)
Directional Movement Index: Neutral
CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $730 with a stop-loss set at $700 and a target price of $800/$1000.


FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro: GBP/NZD slide lower shifts pressure to the downside
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
FxWirePro- Major Crypto levels and bias summary
Bitcoin Smashes $93K as Institutions Pile In – $100K Next? 



