BNB/USDT 4H Chart
I invite you to a quick review of BNB to USDT on a four-hour interval. As you can see, the price is moving above the local uptrend line.
Looking at the current increase, we will unfold the Fib Retracement grid, and we can see that the price is fighting a strong resistance zone from $317 to $321, while we still have resistance at $330.
Looking the other way, there is support at $308.5, while the support zone from $296 to $289 is still important.
The RSI indicator remains in the upper part of the range, while the STOCH indicator exceeds the upper limit, which may result in a price recovery.
Looking at the current increase, we will unfold the Fib Retracement grid, and we can see that the price is fighting a strong resistance zone from $317 to $321, while we still have resistance at $330.
Looking the other way, there is support at $308.5, while the support zone from $296 to $289 is still important.
The RSI indicator remains in the upper part of the range, while the STOCH indicator exceeds the upper limit, which may result in a price recovery.
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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.