Hi
After a prolonged downtrend, BNB has broken its descending trendline, signaling a shift from bearish to bullish momentum. The price formed a symmetrical triangle pattern, completing at point D, which coincides with the lower boundary of the rising channel. Since then, BNB has been trading inside a clearly defined ascending channel, respecting both support and resistance levels.
Recently, a bullish flag has formed, representing a consolidation after a strong upward impulse. A breakout from this flag suggests continuation towards the upper channel boundary near $940–950. Support lies around $880, aligning with both the flag’s lower boundary and the channel’s midline.
After a prolonged downtrend, BNB has broken its descending trendline, signaling a shift from bearish to bullish momentum. The price formed a symmetrical triangle pattern, completing at point D, which coincides with the lower boundary of the rising channel. Since then, BNB has been trading inside a clearly defined ascending channel, respecting both support and resistance levels.
Recently, a bullish flag has formed, representing a consolidation after a strong upward impulse. A breakout from this flag suggests continuation towards the upper channel boundary near $940–950. Support lies around $880, aligning with both the flag’s lower boundary and the channel’s midline.
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
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My recommended Exchange -> YEX: bit.ly/YEX-M
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Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
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My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.