BNBUSD aiming for $800 and that's only short-term.Binance Coin (BNBUSD) is staging a strong short-term push after holding its 1D MA200 (orange trend-line). This is taking place on the technical Bullish Leg of the 10-month Channel Up.
The 1W RSI broke above its MA trend-line (yellow) and that confirmed this new bullish structure. The previous Bulli
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BNB/USDT Hits Major Supply Zone – Will the Bulls Hold or Fade?BNB/USDT (1H Chart) just tapped a high-interest supply zone between $610 - $616, showing signs of temporary exhaustion after a strong bullish breakout above the $597 resistance level. This zone previously rejected price twice and could offer either a pullback opportunity or a potential short setup.
Will BNB break through the important $600 level?In this idea I marked the important levels for this week and considered a few scenarios of price performance
If the local trend line breaks down, we can expect further correction to the first support zone, also near the 0.382 Fibonacci level
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A plan for BNB trading through the 27thMarked the important levels in this video for this week and considered a few scenarios of price performance
Locally, the price looks bullish. We have already seen a reaction from the level of $600, if the local top is renewed we may see growth to the level of $620
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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