BNBUSDT falling wedge, waiting for breakout and price fixing
Hi, everyone! Today we’ll take a look at the BNBUSDT.
As we can see from the graph the price has broken upward channel and started its decline forming downward channel and the pattern of a downward wedge has also formed. It is a common fact that this figure represents a change in trend or gives us corrective movements, so I’m guessing that after the price drops from 33.3 (the upper bound) we’ll have a slight correction to the nearest level of resistance. Therefore, those who want to enter the deal should wait for the line of resistance to be broken with further price fixing, and then consider the long position. Also if you hold tokens BNB don’t forget that you can invest them at a decent interest rate on the stock exchange itself. If you don’t know how, write to me and I’ll be happy to help you out.
Thank you for your attention! If you like my analysis, put likes and follow me. If you have any questions about investing, write to me.
As we can see from the graph the price has broken upward channel and started its decline forming downward channel and the pattern of a downward wedge has also formed. It is a common fact that this figure represents a change in trend or gives us corrective movements, so I’m guessing that after the price drops from 33.3 (the upper bound) we’ll have a slight correction to the nearest level of resistance. Therefore, those who want to enter the deal should wait for the line of resistance to be broken with further price fixing, and then consider the long position. Also if you hold tokens BNB don’t forget that you can invest them at a decent interest rate on the stock exchange itself. If you don’t know how, write to me and I’ll be happy to help you out.
Thank you for your attention! If you like my analysis, put likes and follow me. If you have any questions about investing, write to me.