I have tried my best to bring the best possible outcome in this chart.
Hello Members, welcome to our BNB/USDT weekly update. As we can see Bnb is currently trading on a lower trend line inside a rising wedge pattern which is a bullish continuation pattern.
Looking to the current scenario it can bounce from the green zone $358 - $400 and go up to the resistance level which is $620-$700.
So there is a high chance that we can see a bullish trend in BNB/USDT. MACD (moving average convergence divergence) also shows a bullish crossover. If btc moves in the right direction.
This chart will be invalidated if it breaks down the lower trend line and retests.
Thank you,
Happy trading.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
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