TA explained
BNB broke out of the falling wedge after confirming the strong support zone between 15.8 and 15.65. Now moving upwards to retest previous resistance zones and expected to retest broken channel.
Also BNBBTC is looking very bullish. Im waiting for a breakout of the falling wedge there to create a setup for a long trade for that one as well.
Trade setup
Best entries: 16.375 - 16.490
TP1: 16.736
TP2: 16.939
TP3: 17.323
SL: 16.134
RR: 3.16
Max leverage: 8x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)