Bnblong
BNB/USDTBNBUSDT
Friends of the previous target I considered for BNB
Collided and now I want to specify the next target
The best option to enter the failure is 1.618 in terms
Risk also has less risk and the bottom of the triangle is the best support
For now, you should not be afraid of breaking the bottom of the triangle
Great buy opportunity in BNB🚀Hello guys
As we can se price is moving in Ascending triangle from few days and now it could trying to Break it out.
- Wait for the Candle closure above the Green Resistance box or enter at the Trendline of the triangle.
- Put your Stop Loss below the breakout candle or green support area.
- Take Profit: Trail it with a Trailing SL.
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BNB/USDT : Possibility for breakout and MACD is being bullish BINANCE:BNBUSDT
Hello everyone 😃
BNB has formed a symmetrical triangle and now it's reaching the verge of triangle.
MA50 is above movement now and it's acting as a resistance for BNB, So there will be a rejection on this triangle...
MACD has been moving on bearish side for 3 days now; MA100 has reached $580 level.
So we might see a pullback if BNB reached that zone !
$610 - $580 is acting as a stiff support zone for BNB on MACRO view and there will be a minor support zone on MICRO view on current zone ( $590 - $597 ).
Also MA100 has reached this level and MA200 is planning to test this level in next days. So it seems that bulls will manage to make a reversal point for BNB on this zone !
🔰 There is a chance for BNB to break this triangle from current level and bounce after a retest.
🔴 Have to mention that BTC has reached the resistance level and it could be bad for ALTs if BT rejects to break higher level again ! Trade with caution.
Any rejection below MA200 can makes BNB extreme bearish !
Hope you enjoyed our analysis about BNB's possible growth🙌
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@Helical_Trades