BNB successfully broke upward descending channel and is now above the level of 655. The triangle target was reached around 620, which gives control to bulls.Trade active
BNB retested the 650 neckline after a breakout from a year-long triangle, keeping Binance Coin in a rising trend. Above 680 the pattern targets the 700-720 supply zone; slip back under 640 postpones this bullish setup.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.