Binance Coin / TetherUS
Long

BNB Trend Analytics August 11

73
BNB has jumped out of the bearish channel and is marching towards the next crowded trading resistance. The whole process is going to oscillate upwards.

The crucial support of pullbacks are at $301.8; $271.5; $269.1

$338.8 is the intraday resistance today and the upper edge of the rising channel. It will come back and forth along this line before a breakout.

Breakout and holding above the line for 24 hours will see a major swing high.

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.