Binance Coin can correct to support area and then start move up
Hello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that the price a not long time ago rebounded from the resistance line of the triangle, and in a short time declined to the support line, thereby breaking the 300 support level, which coincided with the buyer zone. But then, the price bounced from the support line and soon rose back to the resistance level, breaking the 300 level one more time, after which BNB later exited from the triangle and tired to rise more, but failed and made correction to the support level. After correction, BNB made a strong upward impulse to 316 current support level, which coincided with the support area and in a short time later broke this level too. As well, the price started to trades in a range, where it rose to the top part and some time traded near, but not a long time ago BNB rebounded and declined to the 316 level, where the price continues to trades near to this day. In my mind, Binance Coin can fall to the support area, where it will turn around and start to move up in range. Therefore I set my target at 323 points. Please share this idea with your friends and click Boost 🚀
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