BTC 11.7.19

7 Kas 2019

BNB over performed through first target of 20.23, formed a small triangle which it recently broke bearish. looks like we may be forming an ascending right triangle if up sloping support can continue to hold. note increased volume in current price range compared to the volume towards the 14-15 local low. we are in an expanding/widening uptrend maintaining higher highs and higher lows. one more higher low may be necessary to see higher highs, looking for support around the golden zone or if that doesn't hold we can look towards the green up sloping support line if this is to continue higher. H1 currently finding support on 200 SMA.

18.75-16.5
or
21.75-23.75