BNB reached all our targets and is now continuing with the falling wedge pattern. If its rejected from this current area, we can expect more downtrend for now and possibly even complete a correction to the critical support zone (upward trendline).
A breakout to the upside is also possible and would see BNB reach $635 in the short-term.
Market is very unstable at the moment and fundamental news can trigger a change of trend any moment so trade carefully and always place a stop-loss!
A breakout to the upside is also possible and would see BNB reach $635 in the short-term.
Market is very unstable at the moment and fundamental news can trigger a change of trend any moment so trade carefully and always place a stop-loss!
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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.
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.