BNBUSDT: Rising Wedge, Altcoins are going down?
Updated
Hello Fellow Binance Investor/Trader, Here's a Technical outlook of BNBUSDT!
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BNBUSDT has broken out of the rising wedge pattern with a bearish marubozu candlestick. Furthermore, The MACD indicator created a death cross, which confirmed a potential downside momentum to the target area.
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to buy or sell the cryptocurrency"
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 the rising wedge pattern with a bearish marubozu candlestick. Furthermore, The MACD indicator created a death cross, which confirmed a potential downside momentum to the target area.
The roadmap will be invalid after reaching the target/resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to buy or sell the cryptocurrency"
Trade closed: target reached
Done Target 1, Maybe It will hit target 2 soon? :PTrade closed: target reached
Target 2 Done, Good Luck Everyone on our Next Trading Plan :)
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