Binance Coin / TetherUSUpdated BNB BULLISH WAVE
BNB broke two supporting lines 1 and 2 . I think BNB could touch the third supporting line 3 then retracement .
On the frame 4 hours , I used two indicators Bollinger Bands and RSI shows . As we can see the bearish wave already finished and soon will start our bullish wave . A big resistance area between the two red lines should be broken first to reach our targets
First target 15.00
Second target 16.30
Last target 19.20
Please Activate : Stop -lose at 11.50
GOOD LUCK FOR ALL .
On the frame 4 hours , I used two indicators Bollinger Bands and RSI shows . As we can see the bearish wave already finished and soon will start our bullish wave . A big resistance area between the two red lines should be broken first to reach our targets
First target 15.00
Second target 16.30
Last target 19.20
Please Activate : Stop -lose at 11.50
GOOD LUCK FOR ALL .
Note
We on the way up . BNB hit 13.74 $Trade active
This is my update :On the daily chart , the BNB price broke the apex of triangle up trend .
News paying a big role in Crypto market. Every day we hear good news a bout Binance which is good for BNB too .
I expect burst in price of BNB will be happened soon .
According to Fibonacci levels I marked our targets as 25 $ for our first target and 35 $ for the second target .
Entry : 14.10 - 13.90 $
Stop-lose :11.10 $
Good Luck for all traders
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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.