Smells like a new ATH... ( 400% PUMP 🤯🚀 ? )
Updated
Hello my friends .
This a complete idea for BNB so if you are one of the BNB fans or holders ; make sure to read this idea until the end .
Oh right my friends as I said before , when you are looking for a mid term trade , it's better to start with the higher time frame like monthly and weekly then going to the smaller one to find a good entry :
let's start with the weekly chart :
https://www.tradingview.com/x/mvT7YRff/
OMG what's happening here ! honestly I can't believe what I'm seeing right now but this is for real , my friends ; BNB could goes up to the 3000$ ; maybe you might say this is not going to happen at all , but my friends the last time when the BNB price was around it's ATH price (38$)
no one believed that it's goanna hit 740$ mark .
As you can see in the chart above , we have a clear AB=CD pattern or in the other word , a flag pattern which is obviously a bullish continuation pattern and if the price break the current ATH price , in my opinion the 3000$ is very easy for BNB .
Let's look at the daily time frame to find a good entry :
https://www.tradingview.com/x/eelht3gg/
In the daily we are in the clear uptrend which is a good sign for us because as you might know , trend is our friend util the end ! so we had to looking for the long position rather than short ,
also we have some kind of triangle formation but it's not complete yet but in my opinion there is good chance for break to the upside ; because BNB right now is showing a good strength against the BTC downward pressure and trying to make a new highs .
have nice trade my friends.... 🐺
This a complete idea for BNB so if you are one of the BNB fans or holders ; make sure to read this idea until the end .
Oh right my friends as I said before , when you are looking for a mid term trade , it's better to start with the higher time frame like monthly and weekly then going to the smaller one to find a good entry :
let's start with the weekly chart :
https://www.tradingview.com/x/mvT7YRff/
OMG what's happening here ! honestly I can't believe what I'm seeing right now but this is for real , my friends ; BNB could goes up to the 3000$ ; maybe you might say this is not going to happen at all , but my friends the last time when the BNB price was around it's ATH price (38$)
no one believed that it's goanna hit 740$ mark .
As you can see in the chart above , we have a clear AB=CD pattern or in the other word , a flag pattern which is obviously a bullish continuation pattern and if the price break the current ATH price , in my opinion the 3000$ is very easy for BNB .
Let's look at the daily time frame to find a good entry :
https://www.tradingview.com/x/eelht3gg/
In the daily we are in the clear uptrend which is a good sign for us because as you might know , trend is our friend util the end ! so we had to looking for the long position rather than short ,
also we have some kind of triangle formation but it's not complete yet but in my opinion there is good chance for break to the upside ; because BNB right now is showing a good strength against the BTC downward pressure and trying to make a new highs .
have nice trade my friends.... 🐺
Trade active
BNB is breaking the triangle in the daily chart , be ready for the next move
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.