FieryTrading

BNB/BTC Bullish Action Ahead

Long
BINANCE:BNBBTC   Binance Coin / Bitcoin
At the moment BNB/BTC is consolidating around 18k sat. We might soon see a reversal happening: a bounce from the lower trend line of its wedge. The wedge has been holding strong for over a year now, will it continue to hold?

Before entering the trade, make sure that the reversal is actually confirmed. If a daily candle manages to close above 19.5k sat, we might actually see a push towards 25k sat. Be patient.

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