BNB Been bouncin' in the bull flag
Updated
We can interpret 3 various patterns on the chart.
1) Bull flag
2) Falling wedge
3) Descending triangle
We see the stochastic is low and while there is an upward flux we are yet to see a full cross. Whereas the TRIX is dropping below the price line signalling more room for the price to drop. That would confirm the plotted price trajectory as it hasn't yet fully hit the bottom of support. Once it has we should see the price bounce off the Kumo.
1) Bull flag
2) Falling wedge
3) Descending triangle
We see the stochastic is low and while there is an upward flux we are yet to see a full cross. Whereas the TRIX is dropping below the price line signalling more room for the price to drop. That would confirm the plotted price trajectory as it hasn't yet fully hit the bottom of support. Once it has we should see the price bounce off the Kumo.
Note
Price hit the bottom of the triangleRallied
Broke to the upside of the triangle/flag
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