Hello members, welcome to BGB/USD update by CRYPTOSANDERS.
In the current scenario, BGB/USD is trading inside the triangle pattern.
Here we are expecting that it will come down near the yellow zone which will be the zone where we can take a position on the spot and hold it for the long term.
BGB (bitget token) is an upgraded platform token of bitget exchange....
The pound will receive strong resistance around the red circle:
1. Suppress from the upper track
2. MA 90 of 3Days
3 23.6% of Fib retracement
4. Stoch RSI at overbought
Not matter how far the rebound of pound will go, how strong it will be in the future, we need to be careful with the first retracement in next 2 weeks.
