-BNB has formed a massive bull pennant -MACD signaling a potential bearish cross -Major support to watch is $541 BNB has been consolidating within a bull pennant for nearly 3 weeks. This pattern is nearing its end in a mere week. BNB has been catching a lot of hype recently due to BSC (Binance Smart Chain). There has been many new projects launching on this...
After a logical correction in its path, BNB continues to move in the previous path. So, in the current situation, the risk / reward is acceptable. Therefore, it could be offered for medium-term to hold. Note: All of the above is a personal offer and everyone should trade based on their analysis.
The characteristic is that the BNB is more stable and has a rapid price return and will continue to rise, but after the pullback to the trend. Pulbek is expected to continue to the purple line. After the return support, it has a good price We have two time lines, the first line falling and the second line rising after a few candles
We still all moves completed as expected at the previous TA, we had more power as expected but that was covered by the dashed trendline ( the max. for resistance to pull ) We Hit resistance and confirmed its influence on BNB/usdt with this power and with the strong bull market 2th touch of the lower support isn't needed expecting. conclusion: a early...
#bnbusdt We have an important time intersection in the future, I expect a good growth due to the positive divergence of macd. Stoploss:Fixed below 520
if Dominance Allow To Complete This Pattern i Guess It's Good Idea To Long
If it breaks the $579 then it should break the resistance at $604 Also, if it goes below $20 then it should bounce from the support at $428 for Mooning Otherwise, it will be bearish but as you can see it is forming an asymmetrical triangle so there is a high chance that BNB is ready for the next big rally :))
Trade will go up towards suggested target. It can recede 0.78% fib then will move up. Final trend will be decided after hitting first target. Further analysis will be updated.
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