#harmonictrading
harmonictrading
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$BNB has completed a Bullish Bat harmonic pattern on the 4H chart, with the reversal zone formed around $240–$260.
Key structure:
- Pattern: Bullish Bat X-A-B-C-D
- D point: 0.87 retracement of XA
- CD extension: 2.752 of BC
- PRZ: $240–$260
$BNB is now trading around $325, above the potential reversal zone.
Levels to watch:
- Activation: break above $500–$520
- Target after activation: $640–$680
- Invalidation: close below $185–$190
The setup remains technical and level-based. Confirmation only comes if price breaks the activation zone.
#bnb #Binance #cryptocurreny #harmonictrading
Key structure:
- Pattern: Bullish Bat X-A-B-C-D
- D point: 0.87 retracement of XA
- CD extension: 2.752 of BC
- PRZ: $240–$260
$BNB is now trading around $325, above the potential reversal zone.
Levels to watch:
- Activation: break above $500–$520
- Target after activation: $640–$680
- Invalidation: close below $185–$190
The setup remains technical and level-based. Confirmation only comes if price breaks the activation zone.
#bnb #Binance #cryptocurreny #harmonictrading
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