FieryTrading

BNB SHORT TERM SHORT POSSIBILITY. WEDGE BROKEN.

Short
BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB broke through the September – October wedge, as well as the MA200 on the 4H chart.

Most bullish scenario would be a quick bounce off the $26 area to continue its long-term bullish path.

In case it breaks through the $26 resistance, resistance 2 @ $22 and resistance 3 @ $18 are next. The latter being quite unlikely.

In case you’re looking for a short opportunity, take a look at the shorting zone around $27.5.
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