Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
After price bounced from $217 resistance level, it entered to falling channel, where it declined to $210 support level.
Then Binance Coin broke this level and fell to support line of wedge, in which price at once bounced back.
Inside wedge, price rose to resistance level, which coincided with resistance zone, and even broke it and reached $220 points.
But then price started to decline and in a short time backed up to support level, thereby breaking $217 level and exiting of wedge too.
Firstly BNB fell to support area, but recently it bounced up and now trades near, tha'ts why I think price can make correction to $210 again.
And then Binance Coin can continue to rise to $215 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
After price bounced from $217 resistance level, it entered to falling channel, where it declined to $210 support level.
Then Binance Coin broke this level and fell to support line of wedge, in which price at once bounced back.
Inside wedge, price rose to resistance level, which coincided with resistance zone, and even broke it and reached $220 points.
But then price started to decline and in a short time backed up to support level, thereby breaking $217 level and exiting of wedge too.
Firstly BNB fell to support area, but recently it bounced up and now trades near, tha'ts why I think price can make correction to $210 again.
And then Binance Coin can continue to rise to $215 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.