umutaktepe98

BNBUSDTPERP Rising Wedge Breakout Target

Short
umutaktepe98 Updated   
BINANCE:BNBUSDT.P   Binance Coin / TetherUS PERPETUAL CONTRACT
BNBUSDTPERP is in channel bounded by rising wedge. Eventually, it will possibly break rising wedge downward (rising wedges usually breaks downward). Here is the price target for possible breakout to downward.
Comment:
Volume supported downward breakout has just happened (not confirmed yet)
Trade closed: target reached:
Price target has almost been reached (266 dollars), and bounced from 0.382 fibonacci level!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.