Hello everyone, let's take a look at the BNB to USDT chart on the 1D Interval. As you can see, the price is moving in the uptrend channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 380, if the support breaks down, the next one is $ 359.
Now let's move from the resistance line as you can see the first resistance is $ 407, if you can break it the next resistance will be $ 417 and $ 427.
Looking at the CHOP indicator, we can see that in the 1D interval we have a lot of energy, while the MACD indicator shows that the blue line has cut the red one from below, which may confirm the upward trend.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 380, if the support breaks down, the next one is $ 359.
Now let's move from the resistance line as you can see the first resistance is $ 407, if you can break it the next resistance will be $ 417 and $ 427.
Looking at the CHOP indicator, we can see that in the 1D interval we have a lot of energy, while the MACD indicator shows that the blue line has cut the red one from below, which may confirm the upward trend.
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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.
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.