TradingView
cryptoworldnews
Jan 31, 2018 11:43 AM

BNB Binance Coin on current retracement from previous ATH. 

Binance Coin / BitcoinBinance

Description

As BNB moves forward, we need to find support at previously untested levels from it's current upward move to the ATH.

Previous trend moves have already been supported except for the levels inside the yellow rectangle. Volume Profiles on the right show that these levels have not been supported previously.

When and If BNB finds support at these retracement levels, then BNB can move more sideways and potentially reverse the down-trend retracement momentum into the overall positive trend that BNB has been in since late 2017.
Comments
coldfire007
we need a big green candle soon
More