Smells like a new ATH... ( 400% PUMP 🤯🚀 ? )
Hello my friends .
This a complete idea for BNB so if you are one of the BNB fans or holders ; make sure to read this idea until the end .
Oh right my friends as I said before , when you are looking for a mid term trade , it's better to start with the higher time frame like monthly and weekly then going to the smaller one to find a good entry :
let's start with the weekly chart :
OMG what's happening here ! honestly I can't believe what I'm seeing right now but this is for real , my friends ; BNB could goes up to the 3000$ ; maybe you might say this is not going to happen at all , but my friends the last time when the BNB price was around it's ATH price (38$)
no one believed that it's goanna hit 740$ mark .
As you can see in the chart above , we have a clear AB=CD pattern or in the other word , a flag pattern which is obviously a bullish continuation pattern and if the price break the current ATH price , in my opinion the 3000$ is very easy for BNB .
Let's look at the daily time frame to find a good entry :
In the daily we are in the clear uptrend which is a good sign for us because as you might know , trend is our friend util the end ! so we had to looking for the long position rather than short ,
also we have some kind of triangle formation but it's not complete yet but in my opinion there is good chance for break to the upside ; because BNB right now is showing a good strength against the BTC downward pressure and trying to make a new highs .
have nice trade my friends.... 🐺
This a complete idea for BNB so if you are one of the BNB fans or holders ; make sure to read this idea until the end .
Oh right my friends as I said before , when you are looking for a mid term trade , it's better to start with the higher time frame like monthly and weekly then going to the smaller one to find a good entry :
let's start with the weekly chart :
OMG what's happening here ! honestly I can't believe what I'm seeing right now but this is for real , my friends ; BNB could goes up to the 3000$ ; maybe you might say this is not going to happen at all , but my friends the last time when the BNB price was around it's ATH price (38$)
no one believed that it's goanna hit 740$ mark .
As you can see in the chart above , we have a clear AB=CD pattern or in the other word , a flag pattern which is obviously a bullish continuation pattern and if the price break the current ATH price , in my opinion the 3000$ is very easy for BNB .
Let's look at the daily time frame to find a good entry :
In the daily we are in the clear uptrend which is a good sign for us because as you might know , trend is our friend util the end ! so we had to looking for the long position rather than short ,
also we have some kind of triangle formation but it's not complete yet but in my opinion there is good chance for break to the upside ; because BNB right now is showing a good strength against the BTC downward pressure and trying to make a new highs .
have nice trade my friends.... 🐺
Trade active:
BNB is breaking the triangle in the daily chart , be ready for the next move