Bnbusdtidea
BNBUSDt- Falling Wedge
When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, price may breakout above the upper trend line.
When price breaks the upper trend line the security is expected to reverse and trend higher. Traders identifying bullish reversal signals would want to look for trades that benefit from the security’s rise in price.
BNBUSDT- Short Hi to all traders!
The price has reached this resistance for the first time after 1 year,see how it reacts to this resistance!!!
Unfortunately due to sanctions,i can not make international payments
my account is not premium. and i can not access all the timeframes.
If you check the 8-hour timeframe u can see regular negative divergence!
IF You Agree Hit The Like Bottom And Support Me.
The Information Provided Is Not Trading Advice But An Informative Analysis Of The Price Movement