Yuriy_Bishko

Binance - how much could the price drop❓❓

Yuriy_Bishko Updated   
BINANCE:BNBUSDT.P   Binance Coin / TetherUS PERPETUAL CONTRACT
All altcoins as well as Binance have corrected after yesterday's fall in Bitcoin. Bnb broke the trend line that has been building since June 22 and is now consolidating. It is now difficult to say where the price will go, as bitcoin is still in global consolidation and with it all altcoins. Potentially, if the price comes back and tests the trend line as resistance, with volumes rising, you could try to open a trade with targets lower.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
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