Hello Traders and Investors, today I will take a look at Binance Coin.
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Explanation of my video analysis:
Binance Coin is currently clearly retesting a major resistance at the previous $700 level which was also the all time high of Binance Coin. Since we did not see a break above yet, there is simply a higher chance that we will see a (short term) move lower. If you are not in a position on BNB yet, you can potentially use this anticipated drop to enter a fresh trade.
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Keep your long term vision,
Philip (BasicTrading)
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Explanation of my video analysis:
Binance Coin is currently clearly retesting a major resistance at the previous $700 level which was also the all time high of Binance Coin. Since we did not see a break above yet, there is simply a higher chance that we will see a (short term) move lower. If you are not in a position on BNB yet, you can potentially use this anticipated drop to enter a fresh trade.
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Keep your long term vision,
Philip (BasicTrading)
👇Learn how to swing-trade👇
www.basictrading.net/elite-program
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Keep your long term vision.
www.basictrading.net/elite-program
- - - - - - - - - - - -
Keep your long term vision.