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Wednesday, March 03, 2021

BNB/USDT | Potential Upward Movement πŸš€ πŸš€πŸš€

BNB/USDT | Potential Upward Movement πŸš€ πŸš€πŸš€

Binance Coin / TetherUS BINANCE:BNBUSDT

Technical Analysis:

Starting by the higher time frame the price posted a correction count to the 205 mark, after rallying and reaching all time high at 347.97 price level. If we switch to the lower time frame, the price is trading inside a flag formation , where the buyers managed to break it to the upside. A bounce might be seen to the 237.90 mark before the move upward.
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Trade Idea:

Buy Limit @ 237.90
Take Profit @ 301.70
Stop Loss @ 216.64

Trade Safely πŸ™‚



from Trading Ideas https://ift.tt/384rxu5
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