Dan_Wang

BNB/BTC Falling Wedge Patten in Weekly.

Dan_Wang Updated   
BINANCE:BNBBTC   Binance Coin / Bitcoin
BTC is in consolidation mode, we are experiencing an unexpected altcoin season ahead of bitcoin bull run. Lets take look at one of the coin in my watch list

BNB is in a falling wedge pattern. If you look at the history in weekly chart. We had serval falling wedge pattern during the previous BNB bull market to set off another potential break above the wedge.

I will pay close attention to see if the price can close above the wedge and also 50 weekly MA. If it does, well, another bull run is incoming potentially.
Comment:
Yup its happening..
Comment:
Need to break up 50 weekly MA to be super bullish
Comment:
Yep, its happening now although it takes some time. In trading and investing, people with patience get rewarded

formal education makes a living, self-education makes a fortune!
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