BNB/USDT TA UPDATE!!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BNB/USDT TA Update. BNB bounced off from its important support zone of around $400 very nicely and currently trading above $450.
As you see in the chart, BNB is facing some resistance around $460-$470 (white trendline) so I'll not recommend buying here. I think it's better to wait again to come to the support zone than it's a good buying. BNB has a lot of potentials and sooner or later it will touch the $1000 mark.
Support/Entry zone:- $390-$420
Resistances?Targets:- $490/$530/$600/$650
If BNB breaks and holds its daily candle below $370 then I'll exit.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this BNB/USDT TA Update. BNB bounced off from its important support zone of around $400 very nicely and currently trading above $450.
As you see in the chart, BNB is facing some resistance around $460-$470 (white trendline) so I'll not recommend buying here. I think it's better to wait again to come to the support zone than it's a good buying. BNB has a lot of potentials and sooner or later it will touch the $1000 mark.
Support/Entry zone:- $390-$420
Resistances?Targets:- $490/$530/$600/$650
If BNB breaks and holds its daily candle below $370 then I'll exit.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Related publications
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.