Binance Coin / TetherUSUpdated BNB/USDT Bullish Pennant : Will It Reach 480?
BNB/USDT daily chart is currently forming a valid bullish pennant with the declining transaction volume as a confirmation. If it breaks out from the pennant, based on the flag, the target price is $480, with a shorter term target at 330-340 (which is its all-time high). Otherwise, if it doesn't have enough buying power to breakout, most likely it will go back to its support level in 240-220 and 200-190. What do you think?
Just a beginner's view. Suggestions are welcomed!
Thanks!
Just a beginner's view. Suggestions are welcomed!
Thanks!
Note
HIT!
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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.