and price found support at the level of 567. Likely for price to keep going up as RSI is also rising until it test the resistance of the symmetrical triangle and the descending channel. The descending channel looks like a bull flag.
Rejection at the symmetrical triangle will result into a retrace to the triangle support.
The descending channel looks like a bull flag.
Either whales are accumulating or distributing in the range of 510 to 656. We will see.
Rejection at the symmetrical triangle will result into a retrace to the triangle support.
The descending channel looks like a bull flag.
Either whales are accumulating or distributing in the range of 510 to 656. We will see.
Comment:
BNB boke the RSI rising trendline and is now testing range support. We hope for a bounce like in the end of November. Watch for break of range support.
