This chart pattern of Binance coin(BNB) has been in a choppy market pattern and it breaks its structure from the support zone of 168.77. with a bearish pin bar.
An Entry was made with a stop loss of 128 of which it’s risk to Reward ratio was 2:7..
Bel has been in a ranging market and the support of a candle broke the zone and has turned into a resistance by respecting it and now there’s a uptrend with a major breakthrough on the 4 hour Time Frame. Let’s see how it plays well if Bel will get to it ATH before a retrace.
ALGO/ USDT, futures
The chat pattern follows a ranging market pattern and finally finds a support zone, respected the zone, rejected it and found a another resistance and then breaks it, it now with a bullish candlestick. A good entry was found and the trade taken .