Get started
InvestingScope

BNBUSD: Channel Down emerged but still above the support lines.

Short
Binance Coin (BINANCE:BNBUSD)  
InvestingScope  
BINANCE:BNBUSD   Binance Coin
Trend Analysis Chart Patterns Technical Indicators bnbusd BNB binance binancecoinusd binancecoin crypto cryptos Cryptocurrency cryptocurrencies
13
1
trendanalysis chartpattern indicator bnbusd bnb binance binancecoinusd binancecoin crypto cryptos cryptocurrency cryptocurrencies
Despite the weekly (non-technical) volatility (ATR = 0.4643), the Binance Coin has created the anticipated Channel Down on 1D but remains largely neutral (RSI = 50.191, MACD = -0.050, Highs/Lows = 0.0000) due to Monday's spike. The 8.8857 and 8.2522 support levels need to break on this Channel Down. Our TP on BNBUSD remains 7.5154.
Telegram: t.me/investingscope
www.investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
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.