Binance Coin / TetherUS
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Descending triangle on BNB weekly charts

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BNB Daily and weekly charts seem to be forming a descending triangle pattern. Breakout in either direction will give a decent move. A breakdown from here can take BNB in $40-$50 range as there is no major support in between. Can cause a lot of panic if that happens and we might see BTC testing 20k again. Though it'll be another great time to accumulate for the long term.
Nota
BNB trying to give a breakout above Blue line after a very long consolidation now
Nota
Breakout happened on the upside and did 2x since then

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