BNB Ready for a Breakout? Cup & Handle Pattern in Play!

11 Şub

#BNB is in a strong uptrend and is currently forming a cup and handle pattern on the 30-minute timeframe. This is a classic bullish continuation pattern, signaling a potential breakout.

Key Observations:
🔹 Higher Highs (HH) & Higher Lows (HL) indicate a healthy uptrend.
🔹 Bearish divergence spotted—indicating a possible retracement.
🔹 If support breaks, we may see a trend reversal.
🔹 If the handle completes and #BNB breaks out, it could be an ideal buying opportunity.

Strategy:
🔹 Wait for breakout confirmation above the cup resistance.
🔹 Entry: On breakout with volume.
🔹 Stop Loss: Below recent HL.
🔹 Target: Measure the depth of the cup for a price target.

Final Thoughts:
This setup has high potential, but always use proper risk management.

What’s your take on #BNB? Will it break out or break down? Comment below!

12 Şub

İşlem aktif

Trade is active. now wait for TP.

12 Şub

Not

If anyone miss the trade, its best price to buy the BNB. Don't miss this opportunity.

12 Şub

Not

1st TP Hit.

13 Şub

İşlem kapandı: hedefe ulaştı

Both TP Hits.