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Binance Coin / TetherUS PERPETUAL CONTRACT

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#BNB/USDT CHART !!!In 4hr time frame it is forming a rising wedge pattern and mostly this pattern breakouts in downward but wait for the breakout, if breakout happens in downward that it can go down and i have given support zones you can accumulate in parts and but if it breakout than you can buy at breakout in upward line..... And what breakout means that the pattern or channel in which price is moving from certain days which is going to breakout the pattern in either side if price breaks bottom line of pattern means breakdown(Bearish) and if price breaks top line of pattern it means breakout(Bullish)........
Short
by Mohitvani
💡Don't miss the great buy opportunity in BNBUSD @binanceTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (648.8). . 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 59. Take Profits: TP1= @ 663.1 TP2= @ 670.3 TP3= @ 690.0 TP4= @ 710.0 TP5= @ 730.0 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
4
BNB PRICE ACTION ANALYISIS. BEARISH BAT PATTERNBNB is nearing a supply zone/PRZ. It could retrace onto the support trendline before breaking the all-time high. Observe the price action if the price corrects from the supply zone bounces off the trendline. Buying can be done at the trendline or near 510. The 640-695 zone could be a very tough zone to break and a false breakout might happen, get the volume confirmation on the breakout. Happy trading :) This is just for educational purposes.
by Sanjan91