BNBUSDT: I'm Neutral Now
Updated
BNBUSDTin the previous analysis I mentioned if we break above we can enter a long position but that didn't triggered so
no position were triggered
but how about now ?
Considering BTC position I'm Neutral on BNBUSDT for now
support box Mentioned earlier not turning to resistance and aligning with 200 MA so first we need to fix above this area
after that breaking the BLUE trendline give us a bullish signal if we fix Above I'm In
Dynamic Support is the RED trendline if that breaks we can see $200 area
Trade active
Breaking symmetrical triangle as excepted but it's not a strong break out so i'm waiting for more confirmationFirst Target is $300 btw
Trade active
I Entered After Breakout on $269Trade closed: target reached
$300 Hit! that was my first target and i'm closing 40% of my position here
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