Short

BNB/USDT Descending Triangle | Potential BreakDown

Updated

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.

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

TradeLikePros

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