Hi guys, this is my overview for Binance Coin, feel free to check it and write your feedback in commentsđź‘Š
Recently price bounced from support level, which coincide with support area, and made upward impulse to next level.
After Binance Coin reached this level, price broke it and rose higher of resistance area and later started to decline in falling channel.
Inside channel price broke $245.0 level and fell to past support level.
Then Binance Coin bounced up of this level and a not long time ago made upward impulse higher of $245.0 level, thereby breaking it again.
At the moment price trades near support area and I think it can bounce down to support level, which is located in support area.
Also, possibly Binance Coin can break this level, make retest, and continue to decline to $240.0
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price bounced from support level, which coincide with support area, and made upward impulse to next level.
After Binance Coin reached this level, price broke it and rose higher of resistance area and later started to decline in falling channel.
Inside channel price broke $245.0 level and fell to past support level.
Then Binance Coin bounced up of this level and a not long time ago made upward impulse higher of $245.0 level, thereby breaking it again.
At the moment price trades near support area and I think it can bounce down to support level, which is located in support area.
Also, possibly Binance Coin can break this level, make retest, and continue to decline to $240.0
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.