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dionisiusdh

BNB/USDT UPDATE: Critical point, Breakout or Breakdown?

Binance Coin / TetherUS (BINANCE:BNBUSDT)  
dionisiusdh Updated   
BINANCE:BNBUSDT   Binance Coin / TetherUS
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Just a beginner's view. BNB/USDT is currently in its critical area concurrently with a decreasing amount of transaction volume. If it breaks down from 275-270 price point, it might go to 240, but if it can breakout from the channel with volume confirmation (preferably a spike volume), 340 is getting close. Suggestions are welcomed. Thanks!
Comment:
It breaks the 270 support and currently is heading to 240 if it also breaks the dynamic channel support.
Comment:
There's a 'fightback' from the buyer side when it hits 250 indicating a pretty strong buying power. Let's see what happens next
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