Binance Coin / TetherUS
Long
Updated

BNB in a Bull flag.

2 829
The price action of BNB at hourly time frame has formed a bull flag, which has bias sto break to the upside.

A break to the upside would mean a break to a new all time high.

I expect the price to hit $420, find support at $410 and move to $440.

RSI needs to break above 60 to confirm bullish momentum.

Good luck!
Trade closed: target reached
My target was reached! Bought some BNB at $300, took my profit at $440, cool profit. BNB can still move higher, however I am satisfied with my profit and going to look for another good entries.

Good luck with trading!

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.