$BNB $BNB Ascending Triangle Formedđ
An ascending triangle pattern is a chart pattern that indicates a security's price is likely to increase. It's a bullish pattern that's used in technical analysis to identify potential breakouts.Â
đ§âđ«when to take ENTRYâ
â Entry: Confirm breakout above resistance with strong volume. Optionally, wait for a retest as support.
đ§âđ«How much target should setâ
â Target: Measure the triangleâs height and add it to the breakout point for a profit target.
đ§âđ«How much stop-Loss should setâ
â Stop-Loss: Set below the ascending trendline or below pullback support for risk management.
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