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BNB Stuck in Barrier Triangle?

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BNB appears to be in a macro wave 4 barrier triangle, and for some time.

It has held up particularly well during the alt coin massacre, not even reaching the .382 Fibonacci retracement.

Price is testing the upper boundary for the 4th time, that starts to give us the higher probability breakout which increases with each test. The daily 200EMA and pivot were tested as support successfully.

Safe trading.

Penafian

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