Hi guys, this is my overview for Binance Coin, feel free to check it and write your feedback in comments👊
Recently price bounced from support level, which coincide with support area, and made upward impulse to next level.
After Binance Coin reached this level, price broke it and rose higher of resistance area and later started to decline in falling channel.
Inside channel price broke $245.0 level and fell to past support level.
Then Binance Coin bounced up of this level and a not long time ago made upward impulse higher of $245.0 level, thereby breaking it again.
At the moment price trades near support area and I think it can bounce down to support level, which is located in support area.
Also, possibly Binance Coin can break this level, make retest, and continue to decline to $240.0
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price bounced from support level, which coincide with support area, and made upward impulse to next level.
After Binance Coin reached this level, price broke it and rose higher of resistance area and later started to decline in falling channel.
Inside channel price broke $245.0 level and fell to past support level.
Then Binance Coin bounced up of this level and a not long time ago made upward impulse higher of $245.0 level, thereby breaking it again.
At the moment price trades near support area and I think it can bounce down to support level, which is located in support area.
Also, possibly Binance Coin can break this level, make retest, and continue to decline to $240.0
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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