The best range to accumulate #BNB

18 ต.ค. 2023

Over the course of a whopping 970 days, #BNB has been traversing within the boundaries of a triangle pattern, as observed on the two-day time frame. Currently, it finds itself in close proximity to the lower support of this pattern. It's worth noting that whenever #BNB has touched this lower support in the past, it has displayed a propensity to rebound.

In my assessment, an ideal range for embracing #BNB lies within the vicinity of $180 to $210. This zone holds promise and could pave the way for intriguing opportunities in the crypto realm.

The world of cryptocurrency is brimming with anticipation, ready to explore what lies ahead in this captivating journey!

In the 12-hour time frame, #BNB has made an impressive move by breaking free from a falling wedge pattern. The current phase involves a retest of this breakout zone, a critical moment in the journey.

Adding to the intrigue, the RSI indicator is painting a compelling picture with a bullish divergence in the 12-hour time frame.

Based on the technical patterns at play, there's reason to anticipate a potential 30% bounce from this juncture. The cryptocurrency world is filled with excitement as we await the unfolding of this promising chapter!

This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.

Thank you