Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
Recently price reached support level, which coincided with support zone, and then at once bounced down.
Also, price started to trades inside wedge, where it made soon upward impulse from support line to $581 level.
Next, price broke this level and continued to move up to resistance line of wedge, after this it bounced down.
Price declined to support area, after which made upward move and started to trades inside flat, exiting from wedge as well.
In flat, BNB broke support line and later declined to support level, after which started to move up.
In my mind, Binance Coin can rise a little more and then start to decline to $581 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price reached support level, which coincided with support zone, and then at once bounced down.
Also, price started to trades inside wedge, where it made soon upward impulse from support line to $581 level.
Next, price broke this level and continued to move up to resistance line of wedge, after this it bounced down.
Price declined to support area, after which made upward move and started to trades inside flat, exiting from wedge as well.
In flat, BNB broke support line and later declined to support level, after which started to move up.
In my mind, Binance Coin can rise a little more and then start to decline to $581 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
đź’Ž ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
đź’Ž ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.