Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in commentsđź‘Š
A few days ago price entered to rising channel, where it reached $235 level, which coincided with resistance area.
After this, price exited from channel, broke this level, and started to trades inside flat, which it rose to next resistance level.
BNB failed and some time traded near $256 level in flat, but later price made strong upward impulse higher than this level.
Thereby price exited from flat and soon it bounced down to $235 level, making fake breakout of $256 level.
Also recently price broke $235 level too, and now BNB trades close to resistance area, so maybe price can rise to this area.
Then Binance Coin can bounce from resistance area and continue to decline to $220 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few days ago price entered to rising channel, where it reached $235 level, which coincided with resistance area.
After this, price exited from channel, broke this level, and started to trades inside flat, which it rose to next resistance level.
BNB failed and some time traded near $256 level in flat, but later price made strong upward impulse higher than this level.
Thereby price exited from flat and soon it bounced down to $235 level, making fake breakout of $256 level.
Also recently price broke $235 level too, and now BNB trades close to resistance area, so maybe price can rise to this area.
Then Binance Coin can bounce from resistance area and continue to decline to $220 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.