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TradeLikePros

BNB/USDT Descending Triangle | Potential BreakDown

Short
Binance Coin / TetherUS (BINANCE:BNBUSDT)  
TradeLikePros Updated   
BINANCE:BNBUSDT   Binance Coin / TetherUS
Triangle BNBUSDT bnbusdtidea bnbusdtshort bnbusdtsell bnbusdtsignal
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triangle bnbusdt bnbusdtidea bnbusdtshort bnbusdtsell bnbusdtsignal
BNB/USDT is consolidating in a descending triangle since Nov 26... The chances are that it will break down after completing this pattern. There are fewer chances of a breakout. Still, we've mentioned the targets it may hit after breakout/break down. Wait for confirmation before taking any position.

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Best Regards,
Trade Like Pros.
Comment:
BNB got resisted from the area marked in this chart.... We may now see some selling pressure at the level marked on this new chart. Still, we're waiting for breakout or breakdown before we could open any positions. Thanks!

snapshot
Trade closed: target reached
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