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TrendFather
Aug 22, 2020 8:51 AM

BNB Return in the Divergent triangle 

Binance Coin / TetherUSBinance

Description

Painting with a diverging triangle. There is already a false breakdown, so we are waiting for a reaction. If the price returns to the inside of this triangle, then there will be an increase to the resistance at $ 23.80, and in case of a breakdown of this resistance to $ 25.48.

Otherwise, sellers can fix the price below the support at $ 21.30, then the decline will continue to support at $ 18.99.
Comments
Jeams_stonis
Very good work
TrendFather
@Jeams_stonis, thank you.
draerap
What moving average is this on the chart
TrendFather
@draerap, my own,I can't tell.
Aaric201
Nice explanation
TrendFather
@Aaric201, glad to hear it.
KristenDuberge
Good job
TrendFather
@KristenDuberge, we work for you.
Steven-adams
Great idea
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