BNBETH in a ascending triangle (and a lot of Fibs)
This is just a quick follow up idea on my "How To Trade BNB" post.
But this one is for BNBETH.
I know I used a lot of Fibs in this analysis, but they worked very well in the past for this pair.
We are in a very strong uptrend/channel right now.
Using the Fibs you can easily see an ascending triangle formation (same idea as in the main post).
The orange boxes are the Buy/Sell areas as usual.
This is just supposed to be a quick extension to "How To Trade BNB" series, showing you that the same thing is also happening for BNBETH.
If you want my exact strategy how I trade these patterns take a look at the main post below.
But this one is for BNBETH.
I know I used a lot of Fibs in this analysis, but they worked very well in the past for this pair.
We are in a very strong uptrend/channel right now.
Using the Fibs you can easily see an ascending triangle formation (same idea as in the main post).
The orange boxes are the Buy/Sell areas as usual.
This is just supposed to be a quick extension to "How To Trade BNB" series, showing you that the same thing is also happening for BNBETH.
If you want my exact strategy how I trade these patterns take a look at the main post below.
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If we don't bounce of the pitchfork I expect it to bounce of the yellow support line.
