BNB analysis
BNB is struggling to cross the 4-hour resistance but respecting the uptrend line. The triangle is now at deciding zone and we will see a breakout on either side soon. Either buy after the upward breakout confirmation or wait for a downward breakout, if BNB breaks downward we will see $350 levels. The major support level is $300-$310 area. Wait for a breakout or trade with tight stop loss.
BNB is struggling to cross the 4-hour resistance but respecting the uptrend line. The triangle is now at deciding zone and we will see a breakout on either side soon. Either buy after the upward breakout confirmation or wait for a downward breakout, if BNB breaks downward we will see $350 levels. The major support level is $300-$310 area. Wait for a breakout or trade with tight stop loss.
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.
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.