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syedmuneebali
Apr 29, 2021 8:00 AM

BNB is about to explode! Long

Binance Coin / TetherUSBinance

Description

BNB after make a new All Time High at 630 is in a continuation pattern and is forming a symmetrical triangle. According to the analysis, BNB needs to cross the previous high (580$) on 1h chart to reach new all time high.

An additional point is that BNB buildup near the resistance hints breakout soon.
Comments
yankeekay0001
Thanks for this great analysis. Does this mean anyone who isn't holding can't buy again since it's on the bull run?

Will it still come back for a buy set up or what price to buy best as it is?
Thanks
decimalBoa50339
@yankeekay0001, You can buy on confirmed breakout on the upward trend since this will be a long entry.
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