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BNBUSD is Trading into Rising Wedge

BNBUSD is Trading into Rising Wedge

BNBUSD is Trading into Rising Wedge

BNBUSD is Trading into Rising Wedge

Binance Coin / TetherUS BINANCE:BNBUSDT
traderrb8


BNBUSD is Trading into Rising Wedge

BNBUSD is in a range bound, and the beginning of an uptrend is expected.
As you can see the BNB after last drop to below $400 is formed Rising Wedge pattern and i think it could will continue move upward toward upper resistance trend line pattern at around $440 ~ $460 in the coming 2 weeks but before that There is a possibility of temporary retracement to the suggested support line around $390 ~ 395.0.
The RSI daily is at 54
SL= Break below $388

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