BNB/USDT is consolidating in a descending triangle since Nov 26... The chances are that it will break down after completing this pattern. There are fewer chances of a breakout. Still, we've mentioned the targets it may hit after breakout/break down. Wait for confirmation before taking any position.
Thanks!
Best Regards,
Trade Like Pros.
Thanks!
Best Regards,
Trade Like Pros.
Note
BNB got resisted from the area marked in this chart.... We may now see some selling pressure at the level marked on this new chart. Still, we're waiting for breakout or breakdown before we could open any positions. Thanks!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.