Here's a quick look at BNB 2 hr chart. As we can see, the price has formed a falling wedge and is close to breaking out to the upside. Keep a close look on it!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
1. 507$
2. 527$
- Profits can also be taken in the resistance zone .
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Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
1. 507$
2. 527$
- Profits can also be taken in the resistance zone .
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!