BNB Consolidating Inside a Triangle Patter, Bulls in Control

19 ก.ค. 2024

BNB Consolidating Inside a Triangle Patter, Bulls in Control

Price Analysis:
The price is developing a triangle pattern which is showing the possibility for a bigger bullish movement.

In the 4-hour chart the price faces a strong resistance near 590 but after this bullish accumulation, we should see BNB resuming the bullish trend again.

For this reason, we have to wait for the price to break out of the triangle shown on the 60 min chart.

BNB may rise to 612 and 635 after the bullish breakout.

You may find more details in the chart!
Thank you and Good Luck!

❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️

19 ก.ค. 2024

บันทึก

22 ก.ค. 2024

บันทึก

Near to the first target...
You can take partial profits if you want :)