From our previous analysis on BNB the price could reach more than 618.60 and resulted that it was a very strong zone. Today the price broke through 595 by confirming a possible bearish movement.
The current breakout looks solid and the pattern also looks really good. This is rising the chances for a bigger bearish correction.
This new confirmation of the movement that we already had on the cards is showing the possibility that BNB may test 545 and 500 soon.
You may find more details in the chart! Thank you and Good Luck!
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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.