hi traders
The BNB/USDT chart is displaying a classic ascending triangle pattern, which typically signals a potential bullish breakout. This pattern has formed over the past year, characterized by a series of higher lows (shown by the rising red trendline) while repeatedly testing a strong horizontal resistance zone around $690–$730 (highlighted in green).
BNB is currently trading near the upper resistance boundary at $692.85, showing signs of bullish momentum. A successful breakout above the $730 resistance level could confirm the ascending triangle breakout and trigger a strong upside move.
Target & Potential Move:
Breakout target: ~ $950 - $1,000
Measured move: 40% from the breakout point, aligning with the height of the triangle
Summary:
Pattern: Ascending Triangle (bullish)
Breakout Confirmation Level: $730+
Potential Target: $1,000
If the breakout is confirmed with strong volume and momentum, BNB could rally sharply in the coming weeks. Traders should watch for confirmation before entering.
The BNB/USDT chart is displaying a classic ascending triangle pattern, which typically signals a potential bullish breakout. This pattern has formed over the past year, characterized by a series of higher lows (shown by the rising red trendline) while repeatedly testing a strong horizontal resistance zone around $690–$730 (highlighted in green).
BNB is currently trading near the upper resistance boundary at $692.85, showing signs of bullish momentum. A successful breakout above the $730 resistance level could confirm the ascending triangle breakout and trigger a strong upside move.
Target & Potential Move:
Breakout target: ~ $950 - $1,000
Measured move: 40% from the breakout point, aligning with the height of the triangle
Summary:
Pattern: Ascending Triangle (bullish)
Breakout Confirmation Level: $730+
Potential Target: $1,000
If the breakout is confirmed with strong volume and momentum, BNB could rally sharply in the coming weeks. Traders should watch for confirmation before entering.
Сделка закрыта: достигнута тейк-профит цена
Target reached. Expecting some sort of correction now (sideways is likely)
💥 Free signals and ideas ➡ t.me/vfinvestment
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💥 Free signals and ideas ➡ t.me/vfinvestment
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.