- Binancecoin reversed from support zone
- Likely to rise to resistance level 665.20
Binancecoin cryptocurrency today reversed up from the support zone between key support level 575.50 (lower border of the sideways price range from February) and the lower daily Bollinger Band.
The upward reversal from the support level 575.50 stopped the previous impulse wave iii.
Given the strength of the support level 575.50, Binancecoin cryptocurrency can be expected to rise to the next resistance level 665.20 (upper border of the active sideways price range).
- Likely to rise to resistance level 665.20
Binancecoin cryptocurrency today reversed up from the support zone between key support level 575.50 (lower border of the sideways price range from February) and the lower daily Bollinger Band.
The upward reversal from the support level 575.50 stopped the previous impulse wave iii.
Given the strength of the support level 575.50, Binancecoin cryptocurrency can be expected to rise to the next resistance level 665.20 (upper border of the active sideways price range).
By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
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.
By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
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.