#BNB/USDT WEEKLY UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello Members, welcome to our BNB/USDT weekly update.
As we can see Bnb is currently trading on a lower trend line inside a rising wedge pattern which is a bullish continuation pattern.
Looking to the current scenario it can bounce from the green zone $358 - $400 and go up to the resistance level which is $620-$700.
So there is a high chance that we can see a bullish trend in BNB/USDT.
MACD (moving average convergence divergence) also shows a bullish crossover.
If btc moves in the right direction.
This chart will be invalidated if it breaks down the lower trend line and retests.
Thank you,
Happy trading.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
