Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in commentsđź‘Š
When price bounced and made upward impulse to $235 points, it at once fell back, thereby making fake breakout of $221 level.
Also, BNB entered to big flat, where it first fell to $206 support level, which coincided with support area.
Then price bounced up to top part of flat, which coincided with resistance area, and at once made correction.
After this price repeated movement up and then fell to support area, but recently BNB bounced back, making fake breakout of $206 level.
Now it trades very close to support level in flat and in my mind Binance Coin can decline to this level and then bounce up to $215
If this post is useful to you, you can support me with like/boost and advice in comments❤️
When price bounced and made upward impulse to $235 points, it at once fell back, thereby making fake breakout of $221 level.
Also, BNB entered to big flat, where it first fell to $206 support level, which coincided with support area.
Then price bounced up to top part of flat, which coincided with resistance area, and at once made correction.
After this price repeated movement up and then fell to support area, but recently BNB bounced back, making fake breakout of $206 level.
Now it trades very close to support level in flat and in my mind Binance Coin can decline to this level and then bounce up to $215
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.