BNB COULD GO INTO CONSOLIDATION AND THEN GIVE A BIG MOVE
Currently BNB is near it's Supply Zone. The BNB could go into consolidation and then could give a big move on either side.
On the upper side if it sustains above Supply Zone with good volumes then go long.
On the lower side if it breaks the uptrend line then short and book your profits near Buying Zone or enter long positions in Buying Zone.
On the upper side if it sustains above Supply Zone with good volumes then go long.
On the lower side if it breaks the uptrend line then short and book your profits near Buying Zone or enter long positions in Buying Zone.
Trade active:
BNB is in a decisive area. If this supply zone is crossed successfully with a pullback test, we can expect BNB to go for 560. 560 will be the terminal bar price for the bearish bat pattern. Keep a close watch to get great profits. :)
Trade closed manually:
BNB successfully keeping itself above the supply zone which is a good sign.
