Since the top earlier in the year, BNB has been forming a massive triangle.
Recently, BNB touched the top of the triangle around $450, which caused the current reversal.
In case of a prolonged bearish move, I'm looking at the bottom trend line of the triangle for a potential buy-in area. In case we see more bullish price action, look for a move above $450 for a potential buy in.
Happy trading!
Recently, BNB touched the top of the triangle around $450, which caused the current reversal.
In case of a prolonged bearish move, I'm looking at the bottom trend line of the triangle for a potential buy-in area. In case we see more bullish price action, look for a move above $450 for a potential buy in.
Happy trading!
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
Disclaimer
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.