Chart Pattern Analysis Of BNB/BTC

23 Apr 2024

https://www.tradingview.com/x/s2r4NSXF/

It seems that BNB/BTC is trying to break up a bullish flag.
The possibility is relatively low here.
If K3 finally close upon the resistance,
Another bull run will start here.

If not, K3 will touch the resistance and fall back,
And the horizontal trend will go on.

23 Apr 2024

Nota

After a three soldiers advancing pattern(from K1 to K3),
Candles still failed to breaking up a nearest resistance.
It seems that the following candles will consolidate along the support for days.

If the following candles fall back to test the support under low volume,
It will be a good place to buy in.
If K4 close below K3,
I will try to stop loss.

1 Mei 2024

Nota

K2 just close upon the previous high price.
If the following candles couldn’t return back the potential support.
It will be a potential good place to buy in.

If K3 close below the support or the uptrend line,
The risk will increase.

1 Mei 2024

Nota

K2 verified the supply pressure sharply increased here,
If K3 couldn’t keep climbing to verify the bullish up engulfing pattern,
The risk will increase.

4 Jun 2024

Nota

It seems that the consolidation of BNB/USDT had ended,
it is trying to break up a triangle pattern to test 700usdt.
If it finally close upon the upper limit of the triangle,
The BNB will accelerate.