BNBUSDT: Rising Wedge, Bearish Again? Will It Stop or Continue??
Updated
Hello Fellow Binance Coin Investor/Trader, Here's a Technical outlook of BNBUSDT!
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BNBUSDT has broken out of a rising wedge pattern. Furthermore, The MACD indicator created a death cross, indicating potential bearish movement ahead.
All explanations are presented on the chart.
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"
Note: Waiting for the price hits the confirmation line.
Support our content by smashing the like and follow button, you also can share your opinion in the comment section below.
BNBUSDT has broken out of a rising wedge pattern. Furthermore, The MACD indicator created a death cross, indicating potential bearish movement ahead.
All explanations are presented on the chart.
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"
Note: Waiting for the price hits the confirmation line.
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