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#Will BTC surge with the expected rate cut in September?
#BNB/USDT ANALYSIS
BNB has broken out of a descending broadening wedge pattern and is currently retesting the breakout level. The Ichimoku Cloud is acting as resistance above the current price action.
A successful retest of the pattern, followed by a breakout above the Ichimoku Cloud, would confirm a bullish reversal. However, if the retest fails, the price may continue to move within the pattern.