Binance Coin / TetherUS
Long
Updated

BNBUSDT - This ALT flashes Strong BULLISH Signals 📈

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📉Hi Traders, Investors and Speculators of Charts📈

BNB / Binance coin is another altcoin with good upside potential for the next bullish cycle. I expect this to come into full force only after the BTC halving.
Looking at the clear bottom followed by a bullish flag pattern, it seems highly likely that BNBUSDT may make higher-highs for the short term.

It's impressive to see that BNB mid-range support held, this shows a sign of strength from buyers. Around this zone the price ultimately made the inverse Head and Shoulders bottom pattern:
snapshot

A little closer look in the daily, we see the bullish flag pattern forming. A breakout UNDER will invalidate the pattern:
snapshot

From a technical indicator perspective, we see two strong "BUY" signals flash in the weekly timeframe, confirming a bullish bias:
snapshot


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CryptoCheck

BNBUSDT BNBUSDT.P BNBUSD
Note
BNB: Perfect breakout above the flag:
snapshot
Trade closed: target reached
BNB : Near 100% Increase. Taking profits here:
snapshot

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