LegionQ8

Binance Coin has tested resistance area and can to decline

Short
BINANCE:BNBUSDT   Binance Coin / TetherUS
Hello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the Binance Coin re-tested the seller zone, from which it begin to decline and broke through the support area 324-319. Price continued to decline and formed the downward wedge. We can also see how the price broke through the resistance line of wedge, resistance level 300 and continue to grow. Currently, the price has tested the resistance area and decreased. Binance Coin can continue to fall and achieve the closest support, so I set goals at levels 310 and 300. Please share this idea with your friends and click Boost 🚀

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