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Binance Coin / TetherUS
Long

BNB Bullish Pennant - Target: $880

113
Bullish pennant on BNBUSDT

Not Financial Advice

  • Fib retracements are drawn between the ATH and the 2022 low. Some levels are still very well respected. (The pennant's low, matches exactly 0.618 fib)
  • We are very close to the pennant's convergence, so a breakout should be imminent.
  • Watch for a breakout of the resistance trendline (solid orange), as the target for a breakout would be a new ATH at around $880.
  • Expect some resistance in the $690 area, as that was the previous ATH.
AliferCrypto
Also on:
ATHbinanceBNBBullish PatternsFibonacciPennantTrend Lines

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.
ATHbinanceBNBBullish PatternsFibonacciPennantTrend Lines
AliferCrypto
Also on:

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.