syedmuneebali

Update on BNB: Falling Wedge with False Break. Good News?

Long
BINANCE:BNBUSDT.P   Binance Coin / TetherUS PERPETUAL CONTRACT
BNB is making a falling wedge pattern after making ATH at around 350. A few hours ago, it also made a false breakout which hopefully liquidated many positions. Now, it seems like BNB buyers are getting in the form.


If it breaks the 339 mark and stays there for a while 380 and 420 are next stops.

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