BNB has been showing a lot of good strong momentum to the upside and now is currently retracing. Price should continue its move to the upside especially when taking note of the strong impulses and momentum it has been doing. In my opinion, price will most likely reach the first area marked, reject, and move from there again for another impulse, however it is important to be patient and wait for price rejection in any of the marked areas in order to have the best and safest opportunity to open a position.
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.