Lingrid | BNBUSDT Long Signal: Downward CHANNEL breakout

24 sept.

The price perfectly fulfilled my last idea. It hit the target. BNBUSDT has broken and closed above the downward channel, which is a bullish sign. This move suggests that the market is likely pricing in the potential release of the CZ from jail, and this event could further propel prices to higher levels. Additionally, the price has broken and closed above the $600 psychological level, reinforcing the bullish sentiment. However, I anticipate a pullback toward the channel's upper border, as well as the upward trendline. Once this pullback occurs, I expect the market to continue its upward trend from that point. Keeping an eye on price action during the pullback will be important to confirm the potential for continuation. Mya target is resistance zone around 660.0

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻