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$BNB - chart analysis 🎯
Possible Cup & Handle pattern on the weekly TF! 📈
🔸Short term price action📉:
-Huge resistance + uptrend resistance❗️
-Overbuy zone❗️
-Retest of the 330$ - 340$ zone expected!
🎯50% FIB LEVEL AT 342$ !🎯
🔸Mid term price action📈:
-Bullish on the daily but,
-Bullish breakout on the weekly TF
-Magnet resistance weekly: 425 $ - 450$ zone!
A weekly daily close above 450$ will lead to a big pump!
🔷My current setup:
-Same as $VET, I see $BNB pull back & retrace a bit before another pump toward the weekly resistance above! 📉
-Next, we should see a pump toward 425$📈
I'm confident on my mid term setups because i'm using my experience & look at all Time frames R / S.
My charts success rates is above 80% each time🎯
#BNB #trading #crypto #dyor #binance
Possible Cup & Handle pattern on the weekly TF! 📈
🔸Short term price action📉:
-Huge resistance + uptrend resistance❗️
-Overbuy zone❗️
-Retest of the 330$ - 340$ zone expected!
🎯50% FIB LEVEL AT 342$ !🎯
🔸Mid term price action📈:
-Bullish on the daily but,
-Bullish breakout on the weekly TF
-Magnet resistance weekly: 425 $ - 450$ zone!
A weekly daily close above 450$ will lead to a big pump!
🔷My current setup:
-Same as $VET, I see $BNB pull back & retrace a bit before another pump toward the weekly resistance above! 📉
-Next, we should see a pump toward 425$📈
I'm confident on my mid term setups because i'm using my experience & look at all Time frames R / S.
My charts success rates is above 80% each time🎯
#BNB #trading #crypto #dyor #binance
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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