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WalterMoon
Apr 15, 2024 12:14 PM

BNBUSDT - Price can reach resistance level and start to decline Short

Binance Coin / TetherUSBinance

Description

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Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in commentsđź‘Š

Recently price bounced from resistance level, which coincided with resistance area, and fell to $496 points, breaking $530 level.

After this, price turned around and started to rise in pennant, where BNB in a short time rose to resistance line.

Thereby price broke $530 and $585 levels, but soon it turned around and fell to support line, breaking $585 level again.

After this, price later exited from pennant and reached $628 points, after which BNB made downward impulse.

Price broke $585 level again and then fell to support level, but recently BNB bounced up to resistance line.

Possibly, Binance Coin can reach resistance level and then start to decline to $530 support level.

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Comments
behdark
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It was a good analysis, powerful, keep it up, thank you
MyCryptoParadise
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You did very well!
Xanrox
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The price went down as you predicted, you did it very nicely!
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