Bullish BNB! 3 Key Steps to $500
The BTC/USDT chart has formed multiple bullish patterns since the dump back on September 7th.
To get the ball rolling, BNB appears to have broken out from the symmetrical triangle pattern (orange). Buying the retest between 412-406. Next up is the resistance created by the bullish ascending triangle (purple), followed by the ascending parallel channel (blue). I'll be taking profits (white) along the way and loading up on more during dips.
Note: BNB tracks BTC closely so this set up depends on BTC being kind to us!
To get the ball rolling, BNB appears to have broken out from the symmetrical triangle pattern (orange). Buying the retest between 412-406. Next up is the resistance created by the bullish ascending triangle (purple), followed by the ascending parallel channel (blue). I'll be taking profits (white) along the way and loading up on more during dips.
Note: BNB tracks BTC closely so this set up depends on BTC being kind to us!
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