The price perfectly fulfilled my last idea.
BNBUSDT
moved higher and closed above the key level at 600. However, the market has started moving sideways following a break-through. It is forming the compression channel, which might be a trend continuation pattern. It is heading toward the top of the range zone on the daily timeframe. If you look at the weekly timeframe, the market formed a long-tailed bar. I think the market will be squeezed before the extension, reaching resistance. My goal is a resistance zone at 625
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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