Binance Coin / TetherUS
Short
Updated

🔥 BNB Potential Drop From Bearish Wedge

4 278
After BTC hitting the top of the pennant pattern yesterday, it's been a downhill slope for crypto. Take a look at my latest BTC analysis for reference:

🔥 Bitcoin Falling After Fake Out: Bearish Outlook


BNB is on the verge of breaking through a strong support which has been holding strong ever since the massive BTC drop two weeks ago. Depending on whether BTC will fall further or reverse, BNB will follow the wedge pattern on fall through it, potentially targeting $300 in the near term.

Happy trading!
Note
Entry not hit. Price reversing.
Note
Trade cancelled, entry not hit

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