BNB Ready To Fly! Next Target $900?

9:45 pm, Mon, 26 April 21

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BNB Ready To Fly! Next Target $900?
The BNB price has surged over 1,616% this year alone

The BNB bullish run has been amazing so far, the Altcoin has made over 1,616% this year alone! And BNB is still showing signs of strength even as the bulls might be ready to push the price even higher in the coming days!

However, to catch this bullish move, you would need to understand how to take advantage of the flag pattern forming in the 4-hours timeframe. This pattern is very bullish for the BNB/USD price and we might see a breakout very soon!

BNB Ready To Fly! Next Target $900?
BNB Ready To Fly! Bullish price scenario for BNB/USD pair on the 4-hour timeframe

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Key Levels To Watch

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The $428 horizontal support is the key level we are watching. A break below could signify the end of the bull trend

The level we are watching is the $428 horizontal support. This support is very important because we will only remain bullish on the BNB/USD pair if the price continues to trade above it.

A break below that $428 horizontal support could signify weakness in the BNB price and a likely sell-off.

Best Entry Level

BNB Ready To Fly! Next Target $900?
BNB Ready To Fly! Bullish price scenario for BNB/USD pair on the 4-hour timeframe

For our bullish entry confirmation, we want to see the BNB price breakout and close above the flag pattern. This would signify that the move has been completed and we can expect to see the price surge to the $900 region.

However, we will remain neutral until BNB breaks out from the flag pattern to the upside. If it breaks down to the downside, we are not interested in taking the trade because BNB is still in an uptrend.

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Bullish bias can only be confirmed once price breaks above the flag pattern on the 4-hour timeframe

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