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Bnbshortterm

BNB/USDT Short-Term ReviewHello everyone, let's look at the BNB to USDT chart on a one hour time frame. As you can see, the price has broken out of the local downtrend line. After unfolding the trend based fib extension mesh, we see that the first support is at the price of $ 239.8, the second at the price of $ 236.5. third at $233.3, and fourth at $228.7. Looking the other way, you should first mark the resistance zone from $247 to $250, and then the second zone from $254 to $257. The CHOP index indicates that there is a lot of energy to move, MACD is on the verge of returning to the downtrend, and we have a rebound on the RSI, but there is room for the price to go lower.
by cryptodailyuk
Daily BNB 4HChart - resistance and supportHello everyone, let's look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $333.4, if the support is broken then the next support is $326.4, $320.9 and $315.1. Now let's move to the resistance line, as you can see the first resistance is $ 344, if you manage to break it, the next resistance will be $348.4, $352.7 and $359. Looking at the CHOP indicator, we see that the energy has been used, the MACD confirms the local uptrend, while the RSI has crossed the upper limit again, which may result in a temporary price rebound.
by cryptodailyuk
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