๐ฐ BNB is gearing up to break out of ATH...
While the whole market is stagnant, Binance Coin is pushing upwards. This is a good sign. A "Ascending Triangle" pattern has also formed on the chart - in most cases indicating a continuation of the upward movement ๐
Personally, I see the following scenario unfolding ๐ trading in the range of $560-620 to gather strength with a subsequent break of resistance and consolidation above it. In this case, an ATH update is inevitable๐
๐ Buying BNB on the spot can be done from current levels, but the most ideal scenario would be if the price shows a false breakout below the triangle with stop-losses being triggered at $535.5. So leave yourself room for additional purchases at those levels...
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