moon333
Long

BNBUSDT hitting the suppor of falling wedge | 13% expected

BINANCE:BNBUSDT   Binance Coin / TetherUS
Priceline of BNB / Tether US is moving within a falling wedge and now hitting the support of wedge and bollinger bands .
This falling wedge support should be stop loss in case of complete candle stick closes below this support.
MACD is strong bearish and stochastic is oversold but did not give bull cross so we can wait for bull signal from stochastic or from MACD then buy.
I have used Fibonacci sequence to set the targets:

Sell between: 17.7323 to 21.4094

Regards,
Atif Akbar (moon333)
Trade closed: target reached

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