Binance coin trades inside wedge and can fall to support line

Hello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price fell to the level 315, where it formed the buyer zone 315-319, which make retested and started an upward movement. For some time, the price traded in a small range, after which it left it and continued to rise. We see how Binance Coin made a fake breakout 343.5 resistance level, then reversed, formed a downward impulse and began to fall. Over time, the price has created a downward wedge and is now trading inside. Binance Coin retested the support line of wedge, which coincide with the buyer zone, and began to grow. The price is now trading close to the resistance line and could rise and retest it. I think that after a possible retest of the resistance line, the price can bounce back and continue to decline. Binance Coin can reach the support line of wedge, in this case I decided to set targets at level 320.5 and at level 316, which coincide with support of wedge. Please share this idea with your friends and click Boost 🚀