RLinda ! BNBUSDT-> Breakdown of resistance of a bullish pattern
BNBUSD forms upward momentum against the background of local growth of the whole cryptocurrency market, but how long will this growth continue?
*Is it possible to assume that the growth is temporary to gain energy, in order to reverse the market later to test the bottom?
On the chart we see the formation of a bullish pattern after the growth from the 200 zone, the price breaks the wedge resistance and consolidates above the broken line, which indicates the intention to continue growth.
I assume that the bullish momentum will continue and in our case the short-term target will be the resistance of 307.5, and the medium-term target will be the 336.8 zone
Regards R. Linda!
*Is it possible to assume that the growth is temporary to gain energy, in order to reverse the market later to test the bottom?
On the chart we see the formation of a bullish pattern after the growth from the 200 zone, the price breaks the wedge resistance and consolidates above the broken line, which indicates the intention to continue growth.
I assume that the bullish momentum will continue and in our case the short-term target will be the resistance of 307.5, and the medium-term target will be the 336.8 zone
Regards R. Linda!
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