mercury_rising

Bullish, but waiting for a buy zone

BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB is in an Ascending Triangle (bullish) with USDT. In addition, there is a curved rising support that suggests buying pressure is increasing at the same time that sellers are exhausted. Having said that, there is a chance that sellers break the curved support--and price could fall back to the Trend Support line. With that uncertainty, I'm looking for confirmation (bullish divergence on the 4-hr chart) before I enter.

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These are my personal views and not financial advice. Please do your own research before investing.

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