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Is BNB preparing for another pump?
Binance Coin / Bitcoin
Long
Is BNB preparing for another pump?
By Philippe_0x
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Nov 24, 2021
2
Nov 24, 2021
BNB coin is stuck into resistance zone after breaking out from the long falling wedge pattern.
200 D MA is turn into support, retested twice and created hidden bullish divergence + double bottom formation.
Now we are again in resistance zone trying to breakout and turn it into support.
If BNB manage to clear this area, "last resistance zone" will be tested within week or two.
200 D MA is main support for this breakout try, if we lose it I'm out of this trade.
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Philippe_0x
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