Long

After exiting of triangle, BNB can make retest and continue grow

Hello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price a few moments ago declined to the support level, which coincided with the buyer zone and even fell to this zone. But later, BNB reached the support line of the triangle, and at once rebounded and made a strong upward impulse to the resistance line, thereby breaking the 306 level, which is located inside the support area. Then price rebounded from the resistance line and started to fall to the support area, and when BNB declined to this zone, it at once rebounded and tried to rise back to the resistance line of the triangle, but failed and fell back to the support area. Later Binance Coin bounced from the support area again, finally reached the resistance line, and even soon broke it, thereby exiting from the triangle. Now, I think that BNB can make a retest to this resistance line and then continue to move up. For this case, I set my target at the 342 level. Please share this idea with your friends and click Boost 🚀

LegionQ8

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LegionQ8

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