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Where is the trap on $BNB chart for bullish continuation?
Long
Where is the trap on $BNB chart for bullish continuation?
By Rhaonnor
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Aug 12, 2022
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Aug 12, 2022
After 3 months, #BNB is fighting again the crucial resistance at $330.
An attempt to break this resistance now will not succeed.
Why?
Cause there is a very strong resistance around $380.
We need a period of consolidation for a few days or weeks below this level before a breakout attempt takes place.
breakout
consolidation
Supply and Demand
supplyandemandzones
Support and Resistance
supportandresistancezones
Trend Analysis
Rhaonnor
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