BNBUSD is trading inside a Channel Down since September 2019 currently testing both the Lower High line as well as the MA200 on the 1D chart.
Levels to watch:
- The Resistance levels are 21.9000 and 24.0000 while the Support levels are 12.7000 and 11.8000.
- The Channel Down is making the first important test of the mid December uptrend on the Lower High and...
Pattern: Parabolic rise on 1D.
Signal: Bullish after the last similar fractal shows there is still at least one more leg upwards on the pattern.
Target: 17.600.
