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Post #125

@haydarcrypto

Haydar Sabiev | Crypto Investor

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PostedMay 905/09/2024, 01:09 PM
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🔶#BNB may start a bullish move The price chart is showing an interesting movement. There are several factors supporting a move in a specific direction. Let's look at them on a 4-hour timeframe. There's a "compression" pattern forming in the shape of an "inverted head and shoulders." This is a bullish formation that is already contributing to an upward trend 🐂. Additionally, there's an "expanding triangle" pattern forming locally. It is expected to lead to a continuation of the upward trend 🔼 in this case. For the trend to continue successfully, the price needs to break through the resistance zone between ~$595 and ~$615, which marks the upper boundary of the medium-term sideways movement 📈.