Here is a setup on BNBBTC I will be playing upon breakout of this pattern. Comment below with any critiques or questions
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I ended up taking this trade upon the breakout as mention above. 4hr had a great close above the line and the MACD is curling up .
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I'll be watching .0016300 very closely maybe taking some profits there.
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As you can see in the live view , we have retraced back to the line and has a solid bounce. I am still bullish as long as this bounce holds. Could have taken 5% gains but I didn't because I'm in this for the tasty double digit gains.
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So BTC is doing its thing and decided to shit all over itself. We all know big daddy crushes alts weather its a big move up or down. I'm still holding on this trade for now.
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BNB continues to be fairly resilient to BTC's choppy price action. My first target will be .0016300 satoshis
Trade closed: target reached
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Beautiful green candle today that hit both of my targets. Trade closed for now. Will re-enter upon pull back to the bottom of the pattern.