Binance Coin (BNB): Rejection From Resistance Zone
Binance coin filled nicely our resistance zone and now is seeing a good rejection.
If all plays out well, we should see another liquidity sweep happen in the lower zones, so keep an eye on EMA now.
Swallow Team
If all plays out well, we should see another liquidity sweep happen in the lower zones, so keep an eye on EMA now.
Swallow Team
Note
Binance Coin is back below that resistance, showing us so far a really good rejection.
If another daily candle closes below that resistance, we should see a god downward movement from there to 100EMA and possible another sweep to happen!
Note
8% of movement happened so far after seeing a nice rejection from the upper resistance zone.
While price is stuck above 200EMA, we are looking for this zone to be broken, so keep an eye on it!
Note
Binance Coin made a good turning point there near the resistance zone, resulting in a nice 16% market price movement.
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