The BNB approached the upper boundary of the channel, where there is a strong resistance zone. In addition, an ascending triangle has formed, when broken through, you can take a short position
Note
The idea is relevant. The price is still rising. On breaking through the ascending channel, one can consider short positionsNote
The price of the BNB climbed quite high. Going short is risky. It’s better to wait for testing level 15 on a fall in prices and take a short position on a sluggish rebound.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.