ProficientForex

BNB-The formation of Triangle pattern in wave IV

BINANCE:BNBUSDT   Binance Coin / TetherUS
In the 3-day chart, the uptrend is crystal clear, which can be extended up to the target of $ 800 to $ 1,000.
In the 240-minute chart we can see the triangle pattern ,which has been completed in the range of $ 515. This movement is a good indication for the termination of the corrective movement, in wave iv from point 3.

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