BNBBTC Trading opportunity

Hello guys,

Spotted potential Bullish Bat formation with important level to watch is the pattern Neckline where we have our immediate support.

If this support break down it will completed the BAt drop pattern.

In other hand,

Its well know that Binance coin has been trading inside Rising channel for a very long time. My analysis today also branch down on Elliot wave perspectives.

We completed main wave 1-2 where we have ending diagonal for wave 3 which take the form of sub-waves (i-v) in side an ascending broadening wedge and we are presently on corrective wave 4.

Huge bounce is expected after the target for wave 4 is achieved then we can follow the suggested Buy back zone to long for maximum profit.

Keep an eyes on the support and resistance zone.

I will keep the post updated as the market develops.

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BULLISH BAT FORMATION continues

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