For a couple of weeks, Binance has been moving in an uptrend channel.
The price broke through the important level of $326, tested as support, and rose to the level of $350. There, Binance met a very strong resistance zone and corrected towards the 320$ level.
The price has now broken down the uptrend channel and dropped below the important 326$ level. If the price comes back and tests the lower level of the channel as resistance, it could be a good selling opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
The price broke through the important level of $326, tested as support, and rose to the level of $350. There, Binance met a very strong resistance zone and corrected towards the 320$ level.
The price has now broken down the uptrend channel and dropped below the important 326$ level. If the price comes back and tests the lower level of the channel as resistance, it could be a good selling opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Note
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Get access to the private club with VIP signals
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
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.