BNB chart shows a falling wedge pattern that has recently broken to the upside and already retest for several times. If the current trend continues upward following the breakout, a trend-following strategy could involve buying on pullbacks or consolidations with a stop-loss set below recent swing lows or the breakout point to minimize potential losses.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.