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FieryTrading
12 juin 2021 06:16

🔥 BNB Triangle Break Out At Hand 

Binance Coin / TetherUSBinance

Description

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Over the course of a week, BNB has formed a nice triangle pattern. Currently, BNB is trading near the bottom of said triangle, potentially breaking out of it soon.

With dominance rising and BTC trending down, the break out is edging to be a bearish one. Always keep a close eye on BTC when trading alts. Wait for a proper break out before trading said direction.

Happy trading!
Commentaires
VasilyTrader
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What is your rule for stop placement?
Eniola_Dev
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@VasilyTrader, in my own opinion, if it break out above the resistance level the stop loss should be a little bit below the support and vise versa.
CobraVanguard
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great analysis
UnitedSignals
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I have similar expectations here bro!
financialflagship
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Clean and detailed analysis. Thanks for sharing your insights. 🙌
MMBTtrader
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thanks for sharing both considered Ass well
jackpet
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nice work can you do IOTAUSDT thanks
UnknownUnicorn18802220
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bnb will down to 280
FieryTrading
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@kaptan2771, Very possible as long as BTC keeps falling
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