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BNBUSDT - Price can bounce up to $327 level from support area
Binance Coin / TetherUS
Long
BNBUSDT - Price can bounce up to $327 level from support area
By WalterMoon
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Jan 7
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Jan 7
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in commentsđź‘Š
Some time ago price bounced from support area, which coincided with $254 level, and declined to support line of rising channel.
After this, BNB at once bounced up from this line to resistance line of channel, thereby breaking $254 support level.
Next, price made little correction, and after this, it made upward impulse to $338 points, breaking $300 level and exiting of channel.
Also then, BNB started to trades in wedge, where it soon bounced from resistance line and declined to support line of wedge.
Now, price continues to trades very close to this line and in my mind, Binance Coin can fall to support area and then bounce up to $327
If this post is useful to you, you can support me with like/boost and advice in comments❤️
binance
BNB
BNBUSDT
coin
LONG
Support and Resistance
TA
trades
Trend Analysis
Wedge
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