🔥 BNB At Break Out Point

Recently I made an analysis on BNB and the completed W-shaped recovery. I set a new target at $500, which has been reached!

🔥 BNB W-Shaped Recovery Completed


At the moment, the yellow break out area is the main point of interest. It might very well the case that BNB will fall down back towards $435. There hasn't been a major correction in weeks, so it might be happening soon.

On the other hand, if the price marches on through the yellow break out area, there might be a case for going (even more) parabolic and BNB reaching the green area of resistance in the next few weeks.

Happy trading!
Bitcoin (Cryptocurrency)BNBBTCChart PatternsCryptocurrencyTechnical IndicatorsTrend Analysisusdt

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