BNB to 235$
In the previous bull market, BNB also experienced an upward trend.
However, it seems prudent to be cautious from now on.
This is because there is a possibility of a transition from a bullish trend to a bearish trend.
If we take a look at a longer-term chart, we can see a harmonic bearish bat pattern.
We can check if there's a good risk-reward setup on smaller timeframes and consider opening a position.
There is also a possibility of a 3-3-5 flat correction
However, it seems prudent to be cautious from now on.
This is because there is a possibility of a transition from a bullish trend to a bearish trend.
If we take a look at a longer-term chart, we can see a harmonic bearish bat pattern.
We can check if there's a good risk-reward setup on smaller timeframes and consider opening a position.
There is also a possibility of a 3-3-5 flat correction
✅ Join OKX with 30% trading fee discount
okx.com/join/MARKETOBSERVERK
✅ Twitter
twitter.com/MarketObserverK
✅ Telegram
t.me/marketobserverkjournal
✅ Instagram
instagram.com/marketobserverk/
okx.com/join/MARKETOBSERVERK
twitter.com/MarketObserverK
✅ Telegram
t.me/marketobserverkjournal
instagram.com/marketobserverk/
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.