BNB/USDT | Potential Upward Movement 🚀 🚀 🚀
Technical Analysis:
The price on the higher time is trading inside a bullish channel formation where it posted a lower correction to a daily support. On the 4-hour time frame, the price is trading within a bullish pennant channel near a strong confluence zone between the 61.8% Fibonacci retracement level and a relevant support. This could lead to a pump to the upside toward the 294.41 USDT Mark.
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Trade Idea:
Buy Limit Order @ 254.01
Take Profit @ 294.41
Stop Loss @ 233.81
Trade Safely 🙂
The price on the higher time is trading inside a bullish channel formation where it posted a lower correction to a daily support. On the 4-hour time frame, the price is trading within a bullish pennant channel near a strong confluence zone between the 61.8% Fibonacci retracement level and a relevant support. This could lead to a pump to the upside toward the 294.41 USDT Mark.
-------------------------------------------------------------------------------------
Trade Idea:
Buy Limit Order @ 254.01
Take Profit @ 294.41
Stop Loss @ 233.81
Trade Safely 🙂
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