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cyatophilum
Dec 31, 2022 5:09 PM

BNB - Falling Wedge - Bullish 

Binance Coin / TetherUSBinance

Description

A falling wedge is a bullish pattern, however we MUST see a resistance breakout AND a volume expension (higher than average) when it happens to fully confirm the pattern.
More info on the chart!

Comment

Very clean breakout HOWEVER the volume is NOT there yet, so be careful for a Bart Pattern

Comment

Comment

We went up now I'm expecting a correction to make support somewhere around 270$
Comments
cyatophilum
Tell me what you think will happen ;)
apdusp
@cyatophilum, from the chart and its current very low volatility I would say it about to explode, or up and down but don't know the direction though as it looks there is a bullish divergence, that is the most probable one tradingview.com/chart/vZSrGEVk/
sucky
Awesome work! What are you eyeing for a TP?
cyatophilum
@sucky, I just move my stop loss up as price moves up, a bit like a trailing stop
sucky
Setupsfx_
Perfection!
cyatophilum
@Setupsfx_, thank you.
VincePrince
Great formation, thank you.
JoeChampion
Excellent job!
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