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WalterMoon
Mar 27, 2024 1:46 PM

BNBUSDT - Price can exit from channel and fall to support level 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

Some time ago price started to trades in wedge, where at once made upward impulse from support line.

After this, BNB broke $537 and $611 levels, but soon made a correction, after which it soon rose to resistance line.

Next, price in a short time declined to support line of wedge, thereby breaking $537 and $611 levels one more time.

Then BNB turned around and later exited from wedge also, after which started to move up in rising channel.

In channel, price rose to $598 points, but recently it fell to support line, where at the moment trades near.

Now, I think that Binance Coin can little grow and then decline to $537 level, thereby exiting from channel.

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Comments
linofx1
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Totally agreed with you đź‘Ť
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