PETRONET - Breakout in Falling WedgeEntry Zone- 342-332 (Trend line break of wedge)
Exit Zone - Based on Trader mindset. Exit 1 - 365
Exit 2- 385
Stoploss : Close below 326
Timeframe: Daily
Notes: Price consolidates since July 2024 and forming wedge pattern. Price breakout the wedge with good green candle on 11 December.
Wedgefalling
BNB Coin at Super Bearish Mode#Binance [ CRYPTOCAP:BNB ] Coin Daily Chart Analysis
CRYPTOCAP:BNB Coin continuously falling towards #Downtrend in this Bear Market. This movements running as per Bearish Wedge Pattern in daily chart cycles from last 20 plus months and at present reaching into very dangerous situation...
Basically, CRYPTOCAP:BNB coin best strong support was $185 to $200, and as per market situation towards #BearishZone, there will be major chances to break-out this support in September.
If this Support breaks, then next Lower-Low support was around $125 and it is almost 45-50% down from present situation.
So, Traders use #StopLoss, please #DYOR before investing in this high volatile situation on market.
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