BNB/USDT WEDGE BREAKOUT Long

Binance Coin / TetherUSBinance

Description

⋅ May 5, 2022 11:39 AM

Wedge breakout occured.
We got a nice volume as we desire.
RSI resistance is broken.
Price also crossed up the Fibonacci retracement level 0.618
The setup will be more reliable if it crosses up the 4h 200 period SMA, the red one.

You can hit the like button if you want to appreciate my work and motivate me.

⋅ May 5, 2022 3:29 PM

BTC ruined it, unfortunately.

Comments

emantou

⋅ May 5, 2022 12:18 PM

I love the arguments you use and the way you explain the indicators you based on for your analysis!

laterrasanta

⋅ May 5, 2022 1:53 PM

@emantou, I am glad you liked it. Thank you!