FieryTrading

🔥 BNB/BTC Bullish Triangle Break Out

Long
BINANCE:BNBBTC   Binance Coin / Bitcoin
BNB/BTC has formed a nice bullish triangle in the last two weeks. Currently, it appears it just broke out of said triangle, indicating a new move upwards.

I've marked two areas of resistance on the chart, R1 and R2, both placed around recent swing highs. These resistances function as near term targets. Do your own due diligence.

Happy trading!

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