Over the course of a week, BNB has formed a nice triangle pattern. Currently, BNB is trading near the bottom of said triangle, potentially breaking out of it soon.
With dominance rising and BTC trending down, the break out is edging to be a bearish one. Always keep a close eye on BTC when trading alts. Wait for a proper break out before trading said direction.
Happy trading!
With dominance rising and BTC trending down, the break out is edging to be a bearish one. Always keep a close eye on BTC when trading alts. Wait for a proper break out before trading said direction.
Happy trading!
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