Hello traders, BNB / USDT is in an upward phase with a return of buying volume on breakout of the medium term downtrend line and the rectangle (range).
It gave a buy signal it is not too late possibility of re-entry again on the pull back of the medium-term bearish trend line.
An SMA cross is going to take place so we are told that a signal for the close tight buy.
We can also come up to it to do a pull back it may be a false signal the analysis is made in relation to the timming of the SMA.
If the price reduction works then we will have a strong potential to go to the next resistance zone.
This is not investment advice but a customary recommendation.
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