Long

Binance Coin can grow to resistance line and try to break it

Hello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that price bounced from the resistance level, which is located in the seller zone, and fell firstly to the support level, but soon Binance Coin declined lower to the buyer zone. A few time later price declined more to the support line, but at once rolled up and rose to the resistance level, where it at once too bounced back to the support line. After these movements, BNB made a strong upward impulse higher of the seller zone to the resistance line, thereby forming an upward pennant pattern. Then the price fell to the support line, which coincide with the support level, and a not long time ago bounced up and rose to the resistance line. At the moment Binance Coin trades near the support line and probably it can decline to the support line, and then bounce up to the resistance line. Also, I think, the price can break this line and make a retest, after which BNB can continue to move up, Therefore I set up my target at the 250 level. Please share this idea with your friends and click Boost 🚀

LegionQ8

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LegionQ8

🔷Join my telegram channel for free - bit.ly/4g4wovR

💰Want receive more profitable signals for Crypto & Forex market, write me 👉 bit.ly/4fNijD8

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