Mickydublya

10% Gain Imminent - BNBUSDT Perpetual (similarly BNBUSDT)

Long
BINANCE:BNBUSDT.P   Binance Coin / TetherUS PERPETUAL CONTRACT
I feel that BNB is going to rise quickly 10%.

1st Target: $25+-
2nd Target: $27+-

The channel is in an upward trend and has just re-tested the support line of the trend (which did not break)

It should move back in an upward trend toward the high of the trendline.

If it follows this pattern then we should see it hit $25+-,

Resistance will show just before $24 and if it breaks this then $25 should be hit. if this occurs we should see a retracement back to $24 and then a second wave to push to $27.

Alternatively, it will fail and fall back to $21.70+- being the first support line. then to $18+- being the second support if the 1st support doesn't hold.
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