Hello everyone, let's take a look at the BNB to USDT chart on the 4H Interval. As you can see, price is moving above the local uptrend line.
Let's start with the support line and as you can see, the first support is around $ 408, if the support breaks down, the next is $ 392 and $ 375.
Now let's move from the resistance line as you can see the first resistance is $ 436, if you can break it, the next resistance is $ 467, the next resistance is $ 506.
It is worth paying attention to the CHOP indicator, which shows that in the 4H interval we have a lot of energy for the next move.
Let's start with the support line and as you can see, the first support is around $ 408, if the support breaks down, the next is $ 392 and $ 375.
Now let's move from the resistance line as you can see the first resistance is $ 436, if you can break it, the next resistance is $ 467, the next resistance is $ 506.
It is worth paying attention to the CHOP indicator, which shows that in the 4H interval we have a lot of energy for the next move.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.