Bnblong
BNB/USDT ON HOURLY CHARTBNB coin is making a triangle pattern on hourly chart. Looking at price action we can observe BNB making LL, LH. We are still neutral on this.
We will go long once breakout is done with good volume n supertrend in our favor.
We will go short once breakdown is done with good volume n supertrend in our favor
Safe trade.
💡Don't miss the great buy opportunity in BNBUSD @binanceTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (321.72).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 346.99
TP2= @ 360.66
TP3= @ 374.33
TP4= @ 387.99
TP5= @ 429.71
SL= Break below S2
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