Breakout from the descending channel likely now for BNBBTC. Further upward price movement would result in a nice cup and handle on a longer time frame. Further downward movement would likely find support before 13.8k satoshis, where a stop loss can be put if you buy now cos you want to buy a lambo soon.
Target of the c&h would be ~29k satoshis for MAD GAINZZZ
Note
It should be noted that the hourly RSI (not visible on graph) is nearing 40 which has been a strong indicator in the past. RSI typically consolidates around 40 before significantly increasing due to a significant bull run.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.