BNBUSDT Perpetual Contract
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Binance Coin (BNB): Breaking Drown from Triangle Formation!

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BNB has broken down from triangle formation, leading the price towards 100 EMA (which we are looking to be broken).


As soon as we see a breakdown from 100EMA, we should see a further downward movement towards 200EMA and the local support zone as well!

Swallow Team
Anmerkung
Snapshot
BNB coin has made a small breakthrough from 100 EMA after breaking the pattern of a triangle.

We are now keeping a close eye on that 100EMA for any potential attempts to break that zone there again so let's see.

For now, the price might re-test that broken zone of the triangle so keep an eye on that zone as well; our game plan has not changed!
Anmerkung
Snapshot
Binance Coin is testing again the 100EMA line, where the price is looking for a full-scale breakdown.

As we were talking previously, the break of 100 EMA would start a movement to as low as $350, so keep an eye on that EMA. A break from that would shift the trend in favour of bears!

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