WalterMoon

BNBUSDT - Price can bounce down to $235 support level

Short
BINANCE:BNBUSDT   Binance Coin / TetherUS
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊

Recently price reached to $250 resistance level, which is located in resistance area, but soon started to decline inside falling channel.

Price fell below $235 support level and later decline to support area, starting to rise.

Later BNB rose to resistance level, thereby exiting from channel, but at once it made a small correction and then bounced up to resistance line.

Then price made strong downward impulse to $235 support level and a not long time ago, it bounced higher of resistance line, thereby breaking resistance line.

At the moment I think that Binance Coin can rise a little more and then bounce down to $235 support level.

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