BNB/USDT | Potential Upward Movement 🚀 🚀🚀
Technical Analysis:
Starting by the higher time frame the price posted a correction count to the 205 mark, after rallying and reaching all time high at 347.97 price level. If we switch to the lower time frame, the price is trading inside a flag formation, where the buyers managed to break it to the upside. A bounce might be seen to the 237.90 mark before the move upward.
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Trade Idea:
Buy Limit @ 237.90
Take Profit @ 301.70
Stop Loss @ 216.64
Trade Safely 🙂
Starting by the higher time frame the price posted a correction count to the 205 mark, after rallying and reaching all time high at 347.97 price level. If we switch to the lower time frame, the price is trading inside a flag formation, where the buyers managed to break it to the upside. A bounce might be seen to the 237.90 mark before the move upward.
-------------------------------------------------------------------------------------
Trade Idea:
Buy Limit @ 237.90
Take Profit @ 301.70
Stop Loss @ 216.64
Trade Safely 🙂
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